Do you want to open a DOM account in Nigeria without having to visit the bank or provide a guarantor? With the Wema DOM Lite Account, you can receive as much money as you want without having to deposit any dollars. Here’s how you can create a Wema DOM Lite Account in Nigeria.
Requirements to Open a Wema DOM Lite Account
To create a Wema DOM Lite Account, you will need to provide some personal information including:
- Bank Verification Number (BVN)
- A filled account opening form (online via the AlatByWema app)
- A valid ID Card (Driver’s License, International Passport, National Identity Card, or Voter’s Card)
- A smartphone to install the AlatByWema app
- A selfie and video of yourself.
Benefits of Wema DOM Lite Account
- Convenient channel for receiving international remittances on a regular basis.
- Safe and simple way to store and save money in foreign currency.
- No limits on the amount of money that can be transferred inward.
Features of Wema DOM Lite Account (Alat By Wema)
- No minimum opening or operational balance.
- Maximum cash withdrawal amount of $2,000 with a withdrawal fee of 0.05% of transaction value, up to $10 per transaction.
- No cash deposits are permitted.
- Access to a USD Mastercard Debit Card for online dollar payments/subscriptions and withdrawals from ATMs worldwide.
- Upgrade to Wema Domiciliary Plus with the submission of full KYC documentation.
- Ability to form foreign currency investments via a fixed deposit or USD Goals on the AlatByWema app.
- Foreign currency cash withdrawals and transfers available at all locations.
How to Create an AlatByWema Domiciliary Account
Step 1:
- Install the AlatByWema AppDownload the AlatByWema app from the Google Playstore.
- Install the app and open it for the first time.
Step 2:
- Register for an AccountGrant the app necessary permissions.
- Click “Get Started” and proceed to the next page.
- Enter your country of residence, phone number, and email address.
- Enter your BVN, take a clear picture of your face and signature, and verify your identity.
- Enter your address information and upload a snapped copy of your ID card.
- Complete the registration process.
Step 3:
- Create a DOM AccountAutomatically, you will receive a Wema Naira account.
- Request a card and then upgrade to a Wema DOM Lite Account by following the instructions in the app.
In conclusion, with the Wema DOM Lite Account, you can enjoy a convenient, safe, and simple way to receive and store foreign currency without having to visit the bank. Simply follow the steps above to create your account today!
