eWallet bulk sends increases to N$ 5000  

FNB Namibia is proud to announce that limits on eWallet bulk on Online Banking for Business have been increased from N$ 2000 to N$5000. Lorraine Keis, Cellphone Banking Branch Controller, FNB Digital Banking explains: “The bulk send option was aimed at catering to the needs of business clients; providing them with an alternate payment channel…

The importance of KYC

The process that banks use to identify and verify the identity of customers is known as ‘Know Your Customer’ (KYC). The objective of KYC is to enable banks to know and understand their customers and their transactions better and help them manage their risks effectively. For example, banks obtain certain information from customers and verify…

How to trim down SME running costs

Operating costs associated with running a business may be challenging to deal with due to the current economic woes. SME’s need to develop long term strategies to ensure they can stretch each rand whilst saving where they can. “The state of the economy is not great, consumers are hard pressed and businesses are feeling the…

Treasury welcomes new Finance Manager Senia Shikesho

FNB Namibia’s Treasury department has welcomed Senia Shikesho as the new Finance Manager, who will be responsible for budgeting, forecasting, preparing high-level reports, various performance analyses, and reviewing financial reports, to name but a few. Senia holds a BCOMPT degree, and completed her articles at a local audit firm. She is also currently studying towards…