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Parkside


130 Independence Ave, Windhoek

The Parkside Head Office also houses RMB, Home Loans and WesBank.

RMB Namibia Tel: 061 2992340

RMB Corporate Banking
Tel: 061 2998446
infonam@fnbnamibia.com.na

WesBank
Ground Floor, @Parkside
Box 195, Windhoek
Tel: 061 2992437
wesbank@fnbnamibia.com.na

Home Loans
Ground Floor, @Parkside
Box 2150, Windhoek
Tel: 061 2992523 / 061 2992524
bonds@fnbnamibia.com.na

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Private Clients

C/O /Fidel Castro & Independence Ave
First Floor
Box 285, Windhoek
Tel: 061 2992838

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Grove Mall Branch

First National Bank of Namibia LTD
C/O Chasie & Frankie Fredericks St, Ground Floor shop 44, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Southern Industrial Area

P/Bag 5177, Ausspannplatz
info@fnbnamibia.com.na

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John Meinert Branch

First National Bank of Namibia LTD
C/O Independence Ave & John Meinert St, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Prosperita Branch

First National Bank of Namibia LTD
110 Nickel St, Prosperita, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Contact Centre
C/O Fidel Castro & Independence Ave
Box 285, Windhoek
el: 061 2992222

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Katutura Branch

First National Bank of Namibia LTD
Pick n Pay Complex, Independence, Katutura, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Northern Industrial Branch

First National Bank of Namibia LTD
16 Nguni St, Northern Industrial Area, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Private Wealth
C/O Fidel Castro & Independence Ave
Ground Floor
Box 285, Windhoek
Tel: 061 2998447

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Wernhill Branch

First National Bank of Namibia LTD
New Wernhill Shopping Complex, 1st Floor, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 No teller services
Tuesday to Thursday 9:00 - 16:00
Saturday 8:30 - 12:00

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Windhoek Branch

First National Bank of Namibia LTD
207 Independence Ave, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Aranos

First National Bank of Namibia LTD
17 Main St, Aranos

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Ausspannplatz Branch

First National Bank of Namibia LTD
Ausspannplatz Kal street, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 No teller services
Tuesday to Thursday 9:00 - 16:00
Saturday 8:30 - 12:00

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Eenhana Branch

First National Bank of Namibia LTD
BH Complex Main Rd, Eenhana

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Gobabis Branch

First National Bank of Namibia LTD
44 Church St, Gobabis

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Grootfontein Branch

First National Bank of Namibia LTD
Hage Geingob Ave, Grootfontein

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Henties Bay Branch

First National Bank of Namibia LTD
C/O Jakkalsputz & Duineweg, Henties Bay

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Karasburg Branch

First National Bank of Namibia LTD
79 Main Street, Karasburg

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Karibib Branch

First National Bank of Namibia LTD
Erf 46 shop no 2 Woerman and Brock Complex, Karibib

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 9:00 - 13:00
Tuesday to Thursday 9:00 - 16:00 Saturday Closed
Saturday 8:30 - 12:00

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Katima Mulilo Branch

First National Bank of Namibia LTD
Andimba Toivo ya Toivo street, Shop no2, Katima Mulilo

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Khomasdal Branch

First National Bank of Namibia LTD
Shop 22 C, 1ST FLOOR Khomas Grove Mall, Khomasdal Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 No teller services
Tuesday to Thursday 9:00 - 16:00
Saturday 8:30 - 12:00

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Keetmanshoop Branch

First National Bank of Namibia LTD
76 Hampie Plichta Ave, Keetmanshoop

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Lüderitz Branch

First National Bank of Namibia LTD
12 Bismarck St, Lüderitz

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Mariental Branch

First National Bank of Namibia LTD
Erf 280 Dr Sam Nujoma Ave, Mariental

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Nkurenkuru Branch

First National Bank of Namibia LTD
Shop 1 & 2 Shoprite Center, Nkurenkuru

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Okahao Branch

First National Bank of Namibia LTD
Shop no 6 Shilongo comercial center, Okahao

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Okahandja Branch

First National Bank of Namibia LTD
Shop 16, Okahandja Shopping Mall, Okahandja

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Okakarara Branch

First National Bank of Namibia LTD
NDC business park, Okakarara

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 9:00 - 13:00
Tuesday to Thursday 9:00 - 16:00 Saturday Closed
Saturday 8:30 - 12:00

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Okongo Branch

First National Bank of Namibia LTD
Erf 349, 16 A Okongo Shopping Mall, Okongo main road, Okongo

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Omaruru Branch

First National Bank of Namibia LTD
Erf 66, Wilhelm Zeraua, Omaruru

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 9:00 - 13:00
Tuesday to Thursday 9:00 - 16:00 Saturday Closed
Saturday 8:30 - 12:00

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Omuthiya Branch

First National Bank of Namibia LTD
Erf 2902, Extension 1, Okaale Complex, main road Omuthiya

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Ondangwa Branch

First National Bank of Namibia LTD
37 Main Rd, First City Centre, Ondangwa

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Ongwediva Branch

First National Bank of Namibia LTD
Shop 28-32, Oshana Mall, Main Road, Ongwediva

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Ongwediva Branch

First National Bank of Namibia LTD
Shop 28-32, Oshana Mall, Main Road, Ongwediva

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Oranjemund Branch

First National Bank of Namibia LTD
Erf 1120, Oranjemund

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Oshakati Branch

First National Bank of Namibia LTD
Erf 272, Okatana, Main Road, Oshakati

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Otavi Branch

First National Bank of Namibia LTD
Erf 13 John Bandeni Str, Otavi

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Otjiwarongo Branch

First National Bank of Namibia LTD
7 George St, Otjiwarongo
44 Hage Geingob St, Otjiwarongo

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Outapi Branch

First National Bank of Namibia LTD
Outapi-Tsandi Road, Iipumbu Complex, Outapi

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Outjo Branch

First National Bank of Namibia LTD
Sam Nujoma Drive - OK Mall, Outjo

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Rehoboth Branch

First National Bank of Namibia LTD
Erf 1, C/O Church & Bahnhoff, Block B, Rehoboth

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Rosh Pinah Branch

First National Bank of Namibia LTD
2 Lood St, Rosh Pinah

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 9:00 - 13:00
Tuesday to Thursday 9:00 - 16:00 Saturday Closed
Saturday 8:30 - 12:00

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Rundu Branch

First National Bank of Namibia LTD
New Rundu Mall, Maria Mwerenge Street, Rundu

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Swakopmund Branch

First National Bank of Namibia LTD
16 Tobias Hainyeko St, Swakopmund

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Tsumeb Branch

First National Bank of Namibia LTD
74A Presidents Ave, Tsumeb

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Walvis Bay Branch

First National Bank of Namibia LTD
138 Sam Nujoma Ave, Walvis Bay

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Klein Windhoek

No 9 Eaton Heights, Bassingthweighte St
Klein Windhoek
Box 285, Windhoek
Tel: 061 2992222

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Maerua Mall Branch

First National Bank of Namibia LTD
Maerua Mall, 1st floor, shop no 39, Windhoek

Contact Centre: +264 61 299 2222 | +264 81 9536262
Card Cancellation: +26461 299 2999
Email: info@fnbnamibia.com.na

Operating hours


Sales and Services Tellers
Monday and Friday 8:30 - 16:00 Monday and Friday 8:30 - 15:30
Tuesday to Thursday 9:00 - 16:00 Tuesday to Thursday 8:30 - 15:30
Saturday 8:30 - 12:00 Saturday 8:30 - 12:00

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Private Banking

Private Clients - Earn an income of N$750 000 to N$1,499 999 per annum, or with a NAV of N$10 million + Private Wealth - Earn an income of N$1.5m + or with a NAV of N$15 million

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Importer considerations

  • Can the seller be trusted to supply the correct quantity and quality of goods?
  • Will the goods be delivered at the destination agreed upon?
  • Will the goods be delivered in time?
  • Will your cash flow permit you to pay the seller immediately or is the seller prepared to offer credit terms?
  • Should you deal directly with the seller or make use of an intermediary bank or agent?
  • How easy/difficult will it be to resolve potential disputes/problems?

Please note

It is critical for both buyer and seller to check the creditworthiness and reputability of any new counterparty by obtaining bank reports and requesting trade references.

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Country risk

This can be defined by all risks in the buyer's country, or caused by the buyer's country, which may affect payment by the buyer to the seller. Country risk comprises political, social and economic components, including

  • Exchange control regulations
  • Changes in government policies
  • Trade embargoes
  • Lack of foreign currency

International trade risk

Risk determines the method of payment

The evaluation of risks in the international trade arena plays a major role in determining the method of payment to be used for settlement between buyer and seller.

 

Country risk

All risks in or caused by the buyer's country

This can be defined by all risks in the buyer's country, or caused by the buyer's country, which may affect payment by the buyer to the seller.

Commercial risk

Causes of exposure to loss

Financial constraints

A buyer's inability to pay due to financial constraints



Incorrect quality / quantity of goods

A seller's inability to supply the correct quality and quantity of goods



Inability to honour

A bank's inability to honour its undertakings



Importer considerations

Aspects to consider by the buyer

  • Can the seller be trusted to supply the correct quantity and quality of goods?

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First National Bank of Namibia Limited, Reg. No. 2002/0180.

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