List Of Commercial Banks In Namibia

List Of Commercial Banks In Namibia

What are Commercial Bank?

A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.

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Here are the list of commercial banks in Namibia

Bank Windhoek Limited.

First National Bank Namibia Limited.

Nedbank Namibia Limited.

Standard Bank Namibia Limited.

Trustco Bank Namibia Limited.

Banco Atlantico (branch of foreign banking institution)

Bank BIC Namibia Limited.

Letshego Bank Namibia Limited.

Frequently Asked Questions

How many commercial banks are there in Namibia?

The Banking Sector in Namibia comprises of eight banking institutions, which can be categorised as follows: seven commercial banking institutions; and a branch of a foreign banking institution.

Which Bank is in Namibia?

The Banking Sector in Namibia comprises of eight banking institutions, which can be categorised as follows: seven commercial banking institutions; and a branch of a foreign banking institution.

Can I use my capitec debit card in Namibia?

Supplementary Global One cards can only be used in South Africa. Common Monetary Area (CMA) clients – South Africa, Lesotho, Namibia and Swaziland – can only use their debit cards in the aforementioned countries including South Africa.

What is the first Bank in Namibia?

First National Bank (Namibia) (abbreviated as FNB Namibia) is Namibia’s largest commercial bank and, according to The Banker magazine of London, Namibia’s best bank for the fifth consecutive year. The financial institution has its headquarters located in Windhoek’s Independence Avenue.

How can I send money to Namibia?

  • How do I send money to Namibia? It’s very easy to send money to Namibia.
  • Fast Bank Deposits. Send fast bank deposits to most major banks in Namibia.
  • Start your transfer with Xoom.
  • Select your options.
  • Money is delivered.

How long does it take to transfer money from South Africa to Namibia?

You can use WorldRemit to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.

How can I send money from South Africa to Namibia?

  • Deposit ZAR directly into a bank account.
  • Enable the recipient to pick up cash a specific locations across South Africa.
  • Deliver money directly to their door.
  • Send ZAR to your recipient’s mobile wallet.

Can I send an eWallet to Namibia?

FNB eWallet allows customers to send money to anyone with a valid Namibian cellphone number.

What do I need to open an FNB account in Namibia?

  • Register for Online Banking through the FNB Namibia website.
  • All you need is a computer, a connection to the internet and an up-to-date browser.

Is PayPal legal in Namibia?

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.

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.

Can mukuru send money to Namibia?

Your family & friends can now receive money at any Magnet Bureau De Change Branch. All they need to collect cash is their ID and collection SMS. WhatsApp “Hi” to +27 86 001 8555 now to send money to Namibia. We make money transfers EASY!

How long does it take to receive money through WorldRemit in Namibia?

How long will it take for my money to arrive in Namibia? In more than 90% of cases, transfers sent to Namibia using WorldRemit are ready in minutes. This means that funds have been sent to our local partner and are ready for collection by your recipient, or to be credited into their bank account or mobile wallet.

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.

How can I send money from UK to Namibia?

  • Start your transfer. Pay in GBP with your debit card or credit card, or send the money from your online banking.
  • Get the best rate out there. Wise always gives you the real and fair mid-market exchange rate.
  • Money is locally delivered.