WEMA BANK ALAT: Everything You Need To Know About It

ALAT By Wema Bank

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WEMA BANK ALAT: Everything You Need To Know About It

If you have account in Wema bank, I’m sure you must have heard about the famous Wema Bank Alat or ALAT by Wema bank. In case you have problem understanding what this ALAT is all about, then on this post, I will tell you everything you need to know about Wema Bank Alat.

What Is ALAT

ALAT is a fully digital bank designed to deliver tomorrow’s banking to today’s customer. It is built to match your lifestyle and help you save more. In case you don’t understand what we mean exactly by digital banking, well, digital banking is the process whereby all those banking activities and programs that were made available to customers when they are inside the bank physically is moved online.

Activities like Account holder documentation, money deposits, withdrawals and transfers, management of account, applying for financial products, loan management, bill pay, account services. However, Below are what you will gain when using ALAT by Wema Bank.


  1. You can save seamlessly with a simple automated savings plan and earn 10% annual interest which is three times the standard bank rate.
  2. You can also get a short term loan whenever you’re in a pinch with no paper work, guarantors or collateral needed.
  3. With ALAT, you can perform the following transactions: Personal savings, Group savings, Loans on Goals, Virtual Dollar Card, Foreign Currency transfers, Card Control, Western Union Transfers.

How To Start Using Wema Bank ALAT

To get started with ALAT by Wema Bank, you need to open account with wema bank. If you already have a wema bank account the all you need to do is to open ALAT account from your phone with your BVN and phone number. You do not need to fill any paperwork on this one. You may need atleast N500 to open  Wema Bank ALAT Account.

On opening ALAT account, you will get ALAT Standard Savings Account. Then you can activate you account by uploading a clear photo of a valid means of identification. It can be a government fully approved ID cards like voters card, National ID Card etc. A photo of a utility bill which is not older than 3 months and your passport photograph. You can upload this from your phone.

How To Get ALAT Debit Card

I know you will be suprised on the fact that ALAT by Wema Bank also have a debit card. Well, yes, it has a ALAT Debit Card and getting the debit card is not hard at all. All you need to do is to pick one among the three different ALAT card  designs made available to you.

Ones you do that, Wema bank will have the card delivered to you before one week goes out. So its important you fill in accurate home details, where you are so that ALAT Debit Card can be delivered to you right there. Remember that all these is a digital banking, you do not need to go to bank.


How To Fund Wema Bank ALAT Account

Funding your Wema Bank ALAT account have been made easier in such a way that you can fund your ALAT account using your normal Wema Bank Savings or Current account. You can as well use other local or foreign card from any bank. You can as well go to bank physically and pay into it.

How To Make Money With Wema Bank ALAT

Well, being a digital bank gives it an opportunity for one to make money from it apart from the 10% interest you were supposed to receive from your savings. You get to make money with ALAT by Wema Bank Nigeria. All you need to do is to follow the steps below. Remember its legal.

  • STEP 1: Create ALAT Account which I believe you must have done.
  • STEP 2: Download ALAT App from google playstore or apple store and sign up with your BVN and phone number just like I have explained above.
  • Refer a friend or someone who you or do not know. You now make money from referring people to download the app. For more information about ALAT by Wema referral, continue reading below.

How To Get Wema Bank ALAT Referral Code/Link

To get Wema Bank ALAT referral code which is necessary in order to make money from ALAT, all you need to do is to open the ALAT app which you must have downloaded already, click on the menu, you will see refer a friend, click on it to get your referral code.

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The next step is to start sharing your code to people you know or do not even know. The most important thing is that they download the app with your code and register with it.  Now this is the interesting part of it. Whenever someone signs up on ALAT with your code, you will get N500. With this, you can get up to N100,000. All you need to do is to hustle for people to join with your code.

Benefits Of Wema Bank ALAT

  1. Saves time ‘
  2. Automating your savings
  3. Free debit Card which can as well be used abroad
  4. You can withdraw money from the ALAT account from any ATM without using your debit card.

To do so, log into your ALAT app, click on the menu and click on send money, then click ATM Cardless Transfer. Fill in then required details and authenticate the transfer with your ALAT PIN. Then you will receive a pay code by mail.

How To Withdraw Money From Wema Bank ALAT Account

To be able to withdraw money from your Wema Bank ALAT account all you need to do is to locate any ATM that has Cardless or Pay code enabled and follow the instructions below. Make sure that ATM Machine is enabled that you can withdraw money without card.

  • Press ENTER to clear the ATM screen
  • Select CashOut Paycode
  • Type the reference number and the cashout PIN
  • Type in the amount of money you wish to withdraw

However, if you are still having any issues or question regarding WEMA BANK ALAT, you can drop the question below it contact them via www.alat.ng or by email at help@alat.ng or you can call them on 07002255252528

Promise Onwuachu
I am Promise Onwuachu, CEO of Campusglory.com and undergraduate of International Studies And Diplomacy (ISD) in University Of Benin, Nigeria. I love writing and sharing knowledge as long as education and Tech is concerned. Contact Me Here

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