List of Banks in Namibia

List of Banks in Namibia

What Are Banks?

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.

These Are Some List of Banks in Namibia

Bank Windhoek Limited.

First National Bank Namibia Limited.

Nedbank Namibia Limited.

Standard Bank Namibia Limited.

Trustco Bank Namibia Limited.

Banco Atlantico.

Bank BIC Namibia Limited.

Letshego Bank Namibia Limited.

Frequently Ask Questions

How many banks are in Namibia?

There are five commercial banks with 78 branches spread over the country.

Which bank is the best in Namibia?

​Bank Windhoek is ranked the best Bank in Namibia according to the recent PSG Banking Review Report for 2019 for the first time.

How do I receive Namibia money?

  • Go to any till or money market counter at your nearest Shoprite or Usave with your ID book.
  • Give the money transfer number to the cashier and enter your secret PIN.
  • You will get the money immediately.

Does Namibia use PayPal?

No, unfortunately not yet. Namibia does not yet allow PayPal to be used as an online payment solution. We use a secure System called Paygate where we generate an online invoice where you can securely pay for your order.

Does Western Union work in Namibia?

THE Western Union Company, a leader in global payment services, has announced the expansion of its global agent network to Namibia. With the launch of Western Union services in Namibia, consumers across the country will have another option for sending and receiving remittances.

Is Bitcoin legal in Namibia?

“Virtual currencies such as Bitcoin are not designated or authorized as payment instruments in Namibia. Due to this fact, the public is informed that virtual currencies such as Bitcoin are not legal tender nor authorized payment instruments to operate in Namibia.

Is there MoneyGram in Namibia?

The MoneyGram service can transfer money on a person to person basis anywhere in the world, where there is a MoneyGram office, within 10 minutes. Namibia Bureau de Change acts as an agent for MoneyGram. Namibia Bureau de Change is an approved, Authorized Dealer with Limited Authority by the Bank of Namibia.

How do I get a PayPal account in Namibia?

  • Go to
  • Select ‘Sign Up’
  • Select individual PayPal account.
  • Complete the required information and create your account.
  • Confirm your email address.

Which Bitcoin wallet works in Namibia?

Coinbase Support in Namibia | Coinbase. Coinbase makes it simple and safe to buy, sell, and hold cryptocurrency. Sign up with Coinbase and manage your crypto easily and securely. Now available in Namibia and in 100+ countries around the world.

How does a MoneyGram work in Namibia?

MoneyGram allows you to send money directly to a bank account or mobile wallet in select countries. To find out if you can send money to your receiver’s bank account or mobile wallet, start sending money or estimate fees from the home page, and select “Account Deposit” as your receive option.

How can I send money from USA to Namibia?

At SendMoney24 you can send money to Namibia for your family, friends and business partners to any Bank Account, Bank Card (Visa or MasterCard) or Cash Pick-Up location anywhere in Namibia, combined with low fees and the best guaranteed exchange rates, money transfer to Namibia received from 15 minutes either in US.

 Is MoneyGram cheaper than Western Union in Namibia?

We found that MoneyGram leans slightly cheaper and offers on-average faster transfer speeds than Western Union — but your experience may vary depending on your specific transfer. Because there are so many variables you’ll want to compare Western Union and MoneyGram against one another to see which is best for you.

Does payoneer work in Namibia?

The easiest way to send money to Namibia is through Payoneer. With Payoneer, you can switch between different money transfer methods to suit your needs. You can also use Payoneer to send mobile money to Namibia.