Exchange Control Services
Upholding steadfast market conditions
Exchange Control Services was introduced in order to stop the outflow of capital from the Common Monetary Area (CMA), and to ensure a measure of stability in currency markets.
How it works
Ensuring stable currency markets
The administration of exchange control has been delegated to the Bank of Namibia which, in turn, has delegated certain of its powers to other banking institutions, more commonly known as 'Authorised Dealers' of which FNB Namibia is one.
Services offered
Managing fees, providing cover + more
The following are included in the service offered:
- Investments in Namibia
- Imports
- Exports
- Forward exchange cover
