- Wema Bank: Full Guide to Services, ALAT, USSD Codes, Loans, Careers and More: Learn everything about Wema Bank – ALAT digital banking, *945# code, loans, careers, internet banking, customer care, and services across Nigeria.
Wema Bank is one of the oldest and most respected banks in Nigeria. It has been serving people for many years and is known for innovation, customer service, and digital banking.
Wema stands out as a bank that combines history with modern solutions. Many people also know Wema Bank because it is the first bank in Nigeria to launch a fully digital bank, called ALAT.
This article is a full guide about Wema. It answers the most common questions people search for online, from the history of the bank to its services, branches, customer care, codes, internet banking, loans, careers, ownership, and more.
History of Wema Bank
Wema Bank was established in 1945 as Agbonmagbe Bank Limited. In 1969, the name was changed to Wema Bank Limited. Since then, it has grown into one of the most reliable commercial banks in Nigeria. The Central Bank of Nigeria (CBN) licensed Wema Bank as a commercial bank, and it has continued to expand over the years.
One of the major milestones in its history came in 2009 when Wema Bank became a national bank, with branches across Nigeria. The bank is also known for technology. In 2017, it introduced ALAT by Wema, Nigeria’s first fully digital bank.
Today, Wema Bank is trusted by millions of Nigerians who use it for personal, business, and corporate banking.
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Wema Bank Headquarters and Branches
The head office of Wema Bank is located at Wema Towers, 54 Marina, Lagos Island, Lagos State, Nigeria. From this headquarters, the bank manages its services nationwide.
Wema Bank has hundreds of branches across Nigeria. You will find Wema Bank in major cities such as Lagos, Abuja, Port Harcourt, Ibadan, Kano, Enugu, Benin City, and many others. The bank also operates many ATMs to help customers withdraw cash and perform transactions quickly.
Wema Bank Services and Products
Wema Bank offers a wide range of services for individuals, businesses, and organisations. Some of the key services include:
- Personal Banking
- Savings accounts.
- Current accounts.
- Student accounts.
- Salary accounts.
- Business Banking
- SME loans and support.
- Current accounts for businesses.
- Trade and merchant services.
- Payment collection solutions.
- Corporate Banking
- Treasury and investment services.
- Corporate finance.
- Project funding.
- Digital Banking
- ALAT by Wema.
- Mobile app.
- Internet banking.
- USSD banking.
- Other Services
- Cards (debit, credit, and virtual cards).
- Bill payments.
- Investment accounts.
- Insurance partnerships.
Wema Bank Digital Banking: ALAT by Wema
ALAT by Wema is the first fully digital bank in Nigeria. It was launched in 2017 and has since changed how Nigerians bank. With ALAT, you do not need to visit a branch to open an account. You can do everything from your phone or computer.
Features of ALAT by Wema include:
- Opening an account online in minutes.
- Virtual cards for online payments.
- Instant loans without collateral.
- Automated savings plans and goals.
- Bills payment and airtime recharge.
- Transfers to any Nigerian bank.
ALAT is very popular among young Nigerians, students, freelancers, and small business owners who want fast and easy banking.
Wema Bank USSD Code
The Wema Bank USSD code is *945#. This code allows customers to perform many banking transactions without the internet.
With *945#, you can:
- Transfer money to Wema and other banks.
- Check account balance.
- Buy airtime and data.
- Pay bills.
- Open a new account.
- Apply for a loan.
- Block ATM card.
- Change PIN.
Using *945# is simple. Dial the code on your phone (linked to your Wema Bank account), and follow the instructions.
*945# USSD Codes for Wema Bank
*945# USSD Codes always saves the day. It is a quick banking code for sending money, buying airtime and data, paying bills, and even making payments on POS terminals without a Wema/ALAT card. Best of all, it works on any kind of mobile phone. Banking made easy with *945#.
| Category | Service | USSD Code |
|---|---|---|
| Account Management | Account Balance | *945*0# |
| Change PIN | *945*00# | |
| Change Account | *945*2*OldAcctno*NewAcctno# | |
| Registration/Profiling | *945*01# | |
| BVN Management | *945*4# | |
| Account Restriction | *945*911# | |
| Account Activation | *945*5# | |
| Account Opening | *945*1# | |
| Airtime, Data, Transfers | Airtime (Self) | *945*amount# |
| Airtime (Others) | *945*phoneNo*amount# | |
| Airtime/Data Menu | *945*9# | |
| Transfers (Wema/Other Banks) | *945*accountNo*amount# | |
| Cable TV | DSTV | *945*11# or *945*11*smartcardNo# |
| GOTV | *945*12# or *945*12*smartcardNo# | |
| Startimes | *945*13# or *945*13*smartcardNo# | |
| Cardless Transactions | Mcash | *945*57# or *945*57*merchantcode*amount# |
| Coralpay | *945*58# or *945*000*REFno# | |
| Internet Services | Smile | *945*16# |
| Spectranet | *945*18# | |
| Internet Menu | *945*15# | |
| Loans | Quick Loan | *945*65# |
| Salary-Based Loan | *945*65# | |
| Schools & Exams | WAEC Result | *945*70# |
| JAMB Result | *945*71# | |
| Electricity Bills | General Electricity | *945*24# |
| Eko | *945*25*meterno*amount# | |
| Ikeja | *945*26*meterno*amount# | |
| Ibadan | *945*27*meterno*amount# | |
| Abuja | *945*28*meterno*amount# | |
| Enugu | *945*29*meterno*amount# | |
| Jos | *945*30*meterno*amount# | |
| Kaduna | *945*31*meterno*amount# | |
| Kano | *945*32*meterno*amount# | |
| Portharcourt | *945*33*meterno*amount# | |
| State Collections | Lagos State | *945*40# |
Wema Bank Loans
Wema Bank offers different loan options to support individuals and businesses.
Types of loans available include:
- Personal Loan: For salary earners to meet personal needs.
- SME Loan: For small and medium businesses to grow.
- Salary Advance: Quick cash for workers before payday.
- Asset Financing: For buying cars or equipment.
- ALAT Loans: Digital loans available instantly through the ALAT app.
Requirements for Wema Bank loans usually include:
- An active Wema Bank account.
- Proof of income or business.
- BVN (Bank Verification Number).
- Valid ID card.
Wema Bank Customer Care
Wema Bank provides different ways for customers to reach their support team.
Customer care contacts include:
- Phone: +234-803-900-3700, +234-01-277-7700.
- Email: purpleconnect@wemabank.com.
- WhatsApp: 09044411010.
- Social Media: Twitter, Facebook, Instagram (@wemabank).
Wema Bank also has Purple Connect, which is their 24/7 contact centre.
Wema Codes for Account Management
Many people search for Wema Bank codes to manage their accounts. Here are the most useful codes:
- Check balance: *9450#
- Airtime top-up (self): *945*amount#
- Airtime top-up (others): *945*phone number*amount#
- Transfer to Wema account: *945*account number*amount#
- Transfer to other banks: *945*account number*amount#
- Block card: *945*121#
- Change PIN: *945*00#
Wema Bank Internet Banking
Wema Bank also provides full internet banking for those who want to manage accounts online.
How to register:
- Visit Wema Bank website.
- Click on “Internet Banking.”
- Register with your account details.
- Create a username and password.
Features include:
- Transfers to all banks.
- Checking account history and statements.
- Bills payment.
- Card management.
- Standing orders and recurring payments.
Wema Careers
Wema Bank is also known for creating opportunities for young graduates and professionals.
The bank has a Graduate Trainee Programme that helps fresh graduates start a career in banking. Wema also employs IT experts, customer service agents, business managers, and finance professionals.
Interested applicants can visit the official Wema Bank career page to apply for jobs.
Wema Bank of America 77Ownership and Management
Wema is owned by shareholders and managed by a professional leadership team. The current Managing Director and Chief Executive Officer is Moruf Oseni. He leads the bank with a focus on digital banking and growth.
The bank also has an experienced board of directors who ensure that Wema Bank remains strong and competitive.
Wema Bank SWIFT Code
The SWIFT code of Wema Bank is WEMANGLA. This code is important for international transactions.
If someone is sending you money from abroad, they will need this code, together with your account number and bank details.
Frequently Asked Questions about Wema Bank
Is Wema Bank safe?
Yes, Wema Bank is licensed by the Central Bank of Nigeria and insured by NDIC, making it safe for deposits.
How old is Wema Bank?
Wema Bank was founded in 1945. That makes it over 75 years old.
How can I open an account with Wema Bank online?
You can open an account through ALAT by Wema or by dialling *945*1#.
What is Wema Bank transfer code?
The transfer code is *945#.
Does Wema Bank give loans to students?
Yes, through ALAT, students and young people can access small loans if they meet requirements.
Is ALAT the same as Wema Bank?
Yes, ALAT is the digital arm of Wema Bank.
What is Wema Bank sort code?
Each branch has its sort code. You can find it on your cheque book or by asking the bank.
Who is the current MD of Wema Bank?
The Managing Director is Moruf Oseni.
Conclusion
Wema Bank is one of the most reliable banks in Nigeria. From its long history to its modern digital solutions like ALAT, Wema continues to serve millions of people. Whether you need a savings account, a loan, internet banking, or customer care support, Wema Bank provides it.
The bank has proved that it can combine tradition with technology, making it a good choice for individuals and businesses. If you are looking for a bank that is safe, innovative, and customer friendly, Wema Bank is a strong option.
Source: Wema Website, Wikipedia
