Foreign Currency Account or Domiciliary Opening
Our range of Domiciliary Account products give you the opportunity to choose the right option so you can conveniently carry out foreign currency transactions wherever you may be, and whenever you want.
FX Transfer Extra Reward

Frequently Asked Questions
This is a campaign set to reward customers who receive foreign currency inflows/transfers from abroad through their Wema Bank Domiciliary account.
The campaign will run from November 28 to February 28, 2022.
An extra reward of N25 (Twenty-Five Naira only) will be given for every 1 USD you retain in your domiciliary account from FX inflows and transfers you receive. This is subject to a maximum of N5,000.00 (Five Thousand Naira) per customer.
Yes! The campaign is open to new and existing domiciliary account holders.
Domiciliary Lite Account
(Inflow/Transfer only; No cash deposit) |
Domiciliary Plus Account
(Inflow/Transfer, Cash deposit allowed) |
- BVN
- Valid means of Identity card (International passport, Driver’s License) - Account can be opened in a branch or on the ALAT app |
- BVN
- Valid means of Identity card (International passport, Driver’s License) - Recent utility bill - 2 references |
Customers can receive FX through any of the following ways:
- Direct receipt of FX transfers from abroad to their account by providing the domiciliary account number to the sender.
- Processing payout of international remittance through Money Transfer Services such as MoneyGram, Western Union, smallworld, LeadRemit, Flutterwave, etc. as transfer to their Wema bank domiciliary account.
- Receive FX transfer to your domiciliary account
- Retain at least $50 (Fifty Dollars) of the fund received
- Be among the first 20 customers to receive and retain at least $50 in a month
- Reward will be paid to the first 20 customers to qualify in a month in the first week of the following month.
- Reward will be credited to the Naira account of the customers. If they do not have a Naira account with Wema Bank, one will be easily opened for them without additional documentation.
Yes! If you are among the first 20 customers to meet the reward criteria each month.