In my recent studies of Alat account, I discovered that once has no barriers with regards location. Alat account can help us send money across boundaries with low charges
There was a conversation on Radar a while back about the possibility of an “app-only” bank operating in Nigeria.
We’ve created a Digital Bank…and it’s 100% FULLY Digital-alert expert says
These are the information in detail:
Alat is Fully Launched
Well, 10 months after, we at Wema Bank launched one. It’s called ALAT (Yes, it plays on the word Alert..as in Bank Alert).
At it’s core, ALAT is selling simplicity, reliability and convenience. To achieve that, we included the following features in this realease:
Open a fully functional savings account using just your BVN and phone number (We’ll get to the unbanked in a few releases down the line) in exactly 5mins (we timed this!)
Funding of Alat Account
Instantly fund your new account using any existing local or international debit/credit card you may have, in-app. No branch/ATM visits necessary
Upload any required documents in-app. No branch visits necessary
Select from 2 debit card designs in-app and have same delivered to you within 2 business days any where in the country (at ZERO cost for the card and for the delivery)
Activate your new card and set your card PIN (or change an existing PIN) in-app. No branch or ATM visits necessary.
Control what channels (ATM, POS or Web) your card gets used on and also what country your card gets used in.
Schedule frequent transfers (e.g salaries or mumsi’s stipend) and bills (e.g DSTV subscription) and forget about them. ALAT’s got you.
Create savings goals and earn 10% p.a. in interest on each goal, irrespective of the goal amount. Set your target, choose your saving frequency and ALAT handles the rest…and makes you some good money in the process
The Account Service Delivery
Lastly, we’ve got our 24/7 customer success center that can be reached anytime should you run into any challenges using the bank.
ALAT launches to the public soon but we’ve opened it up for anyone interested in experiencing true, personalized, digital banking to use, enjoy and give any feedback.
Currently Wema bank is recruiting for the digital account, and your might want to check it out :
- How to apply for Alat Prosumer Program by Wema Bank Nigeria here
I hope this article solved it.