RelatedNigeriaZero Min DepositOnline OnlyFast Approval

ALAT by WemaALAT 数字银行（Wema）

Nigeria 数字银行 Fully online Permit holders ★ 3.9
Open account ↗
Minimum depositOpen with zero minimum balance
Monthly feeNo account maintenance fee
Minimum balanceNo minimum balance
How to apply—
Processing timeIn-app or web opening, usually done in 5-10 min
Institution typeDigital Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • One of Nigeria’s first digital banks, with zero minimum balance
  • Debit card delivered free to your address
  • Savings goals and automatic saving inside the app
  • Wema Bank licence behind it, so branch services are reachable

Things to note

  • Cross-border and USD needs require a separate domiciliary account
  • Still requires BVN / NIN first
  • Recurring complaints about app glitches and limits

Documents required

  • Passport or Nigerian ID
  • BVN (Bank Verification Number)
  • NIN (National Identity Number)
  • Selfie liveness check
  • Nigerian mobile number

Submit your BVN and face verification via the app or website; the debit card can be mailed or collected at a branch

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

No Monthly FeeNo Min DepositFully OnlineDigital BankFast Approval
Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

Open account ↗ Some links are affiliate (commission) links; this does not affect our objective assessment.

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