Maybe a Current Account is not for you but you want to enjoy some flexibility on your Savings Account; Wema Treasure Account (WTA) is what you need. Wema Treasure Account is a hybrid savings account. It operates with some flexibility of a Current Account with minimal restrictions, allowing third party transactions and accruing interest on account balances.
Minimum opening and operating balance of #5,000
Interest rate of 0.575%
Allows lodgment of cheques & dividend warrants into accounts
Allows withdrawals below Min operating balance but customer will lose interest for the month concerned
Personalized cheque book for over-the-counter withdrawals for self & 3rd parties across the Wema bank branch network
Conduct third party transactions on a savings account using cheques redeemable at any WEMA Bank Branch.
No loss of interest as a result of number of withdrawals.
Access to e-banking products and services
Transaction alerts through SMS and/or E-mail
Duly completed account opening form including signature mandate card
Copy of National ID Card, Driver’s License, International Passport or voters ID Card
1 passport photograph
Copy of utility bill (Water, electricity, Waste or telephone) issued within the last three months