{"@context":"https://schema.org","@type":"Article","mainEntityOfPage":{"@type":"WebPage","@id":"https://alat.ng/articles/wema-bank-alerts-customers-to-fraudulent-advance-payment-requests-for-loan-disbursal-1"},"headline":"WEMA BANK ALERTS CUSTOMERS TO FRAUDULENT ADVANCE PAYMENT REQUESTS FOR LOAN DISBURSAL","description":" Beware of fraudulent antics involving requests for advance payments to secure loans, asserting that Wema Bank will never request any form of advance payment into personal or corporate accounts before disbursing loans.","articleBody":"

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has alerted its customers to beware of fraudulent antics involving requests for advance payments to secure loans, asserting that Wema Bank will never request any form of advance payment into personal or corporate accounts before disbursing loans.

This notice was issued following recent inquiries by customers who had received messages from fraudsters impersonating certain personalities and organisations, asking them to pay certain amounts into a 3rd party Wema Bank Account to secure a loan. The bank has responded to these inquiries, explicitly stating that Wema Bank loans do not come at any advance cost, and that all requests for advance payment for loan disbursement must be denied.

Wema Bank further charged customers to report all such cases to the bank by either sending an email to purpleconnect@wemabank.com with proof attached or sending a Direct Message (DM) to the bank’s official Instagram account @wemabank with proof attached as applicable; to enable the bank investigate and take further action to curb these incidences.

Disclosing the appropriate channels for requesting their personal and business loans, Wema Bank reiterated that loans are accessible via the ALAT mobile App, the ALAT For Business app (for business loans) or their branches, all at no advance cost.

Wema Bank has remained consistent in safeguarding customers’ finances, protecting them from fraud and securing their financial future. It is commendable that the financial institution is so relentlessly committed to going the extra mile in ensuring the financial security of its customers and helping them avoid falling victim to fraud.

","image":"https://wemaprodstorage.blob.core.windows.net/blogs/638459321367292812_fraud-alert-wemabank.jpg","author":{"@type":"Person","name":"christopher.eneze@wemabank.com"},"publisher":{"@id":"https://alat.ng/#organization"},"datePublished":"2024-03-13T14:08:57.1522218"}