The Managing Director, Segun Oloketuyi stated: “There is a reason banks are closing branches. Apart from the difficult economic environment, customers are increasingly adopting digital options for their banking needs, hence a reduction in the number of people that visit physical branches. The pace at which things are changing in the digital world is rapid. Therefore, every forward-thinking brand is always looking to improve on their digital offerings. With ALAT, Wema Bank has offered Nigerians everywhere in the world a bank that is designed to meet their needs.”
Holders of ALAT account can also enjoy a simple automated savings plan that will see them earn 10 per cent annual interest – about three times the standard bank rate. They can also schedule frequent transfers (e.g salaries or mumsi’s stipend) and bills (e.g DSTV subscription) and forget about them.
With ALAT, Wema Bank has offered Nigerians everywhere in the world a bank that is designed to meet their needs. The new digital bank is expected to disrupt the banking landscape and is driven by three pillars – Convenience, Simplicity and Reliability.
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