Bank Teller Salaries In Namibia

What Is A Bank Teller?

A bank teller is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. In some places, this employee is known as a cashier or customer representative. Most teller jobs require experience with handling cash and a high school diploma. A person working as a Teller in Namibia typically earns around 6,650 NAD per month.

Frequently Asked Questions

How much do bankers earn in Namibia?

How much money does a person working in Banking make in Namibia? A person working in Banking in Namibia typically earns around 19,000 NAD per month. Salaries range from 5,970 NAD (lowest average) to 38,900 NAD (highest average, actual maximum salary is higher).

Is bank teller a good job in Namibia?

Becoming a teller can serve as an entry-level position in banking, and can help facilitate entry into higher paying career paths within financial services. However, this is the exception rather than the rule. Few tellers actually are considered seriously as candidates for promotion by their current employers.

Do banking jobs pay well in Namibia?

Banks jobs can be quite lucrative — find one that you’re interested in and qualified for now. If you want a high-paying career, consider choosing from a range of finance jobs in the banking industry. Although the field can be a bit stressful, you’ll typically be well compensated.

Do you need a degree to work at a bank in Namibia?

Bank jobs in management, finance, and business typically require a college degree, according to the BLS. Some positions may require a bachelor’s degree in business administration or banking, while others may require a master’s degree in business administration or a related field.

Is being a bank teller a hard job in Namibia?

Bank tellers need a variety of hard and soft skills to effectively work with customers, coworkers and supervisors. Most of these skills can be developed through education, on-the-job training and job experience. They work with large sums of money that must be kept safe and secure.

Do bank tellers get commission in Namibia?

Tellers and other bank employees get a “referral fee” for sending customers over to the investment side of the bank — the area that sells products that aren’t FDIC insured. Employees who sell non-deposit products receive a commission when they make a sale, but they’re not supposed to make unsuitable recommendations.

Is bank teller a dead end job in Namibia?

I have lots of customer service experience. Pretty sure bank teller is a bit of a dead-end job, essentially like any retail position. It’s a long path up (teller to senior teller to head teller to assistant branch manager to manager then finally to a position where you get to make actual decisions), but doable.

Is a teller job stressful in Namibia?

Yes, being a bank teller can be stressful. There are a lot of factors at play, and there is a significant amount of risk when dealing with large sums of cash. A teller must follow procedures very carefully. A large part of a teller’s job is being able to spot and prevent fraudulent behavior.

Which degree is best for banking job in Namibia?

• MBA. When it comes to a career in banking, an MBA is still the gold standard.
• Finance. A finance degree is all but mandatory for certain banking roles.
• Business.
• Economics.
• Accounting.
• Financial Engineering.
• Physics/ Engineering/ Mathematics.
• Banking.

How long is teller training in Namibia?

On-the-job-training, typically one month long, is usually led by a veteran teller. The experienced teller demonstrates how to promote financial products and services as well as how to use the bank’s software.

Can bank tellers move up in Namibia?

Experienced tellers can advance within their bank. They can become head tellers or move to other supervisory positions. Some tellers can advance to other occupations, such as loan officer. They can also move to sales positions.

What skills does a bank teller need in Namibia?

• Cash handling and mathematics.
• Customer service.
• Computer knowledge.
• Organization.
• Problem-solving.
• Written and verbal communication.
• Processing transactions.
• Attention to detail.

How can I get a bank job with no experience in Namibia?

If you don’t have previous customer service experience, try getting an entry level job as a cashier somewhere. If you work as a cashier for six months you’ll have experience with customer service and handling money and you might be able to leverage this into a bank teller position.

How many hours do cashiers work in Namibia?

Cashiers’ work hours vary by employer. Cashiers often work during weekends and holidays. Some cashiers employed in establishments that operate 24 hours a day, such as gasoline stations, work overnight shifts.

Do bank tellers get benefits in Namibia?

Some banks offer a full range of benefits to part-time employees including health insurance, retirement programs, and tuition reimbursement.