Bank of Namibia

Fees and Charges


Find out more about Fees and Charges.

Fees and Charges

The Bank’s position regarding its policy on bank fees and charges changed in 2010 with the amendment of the Payment System Management Act 18 of 2003, for section 2 (d) to include “to ensure that the fees or charges payable by a user are in the public interest, promote competition, efficiency and cost effectiveness in service delivery and comply with the standards determined by the Bank”. This amendment was necessary primarily to enhance financial inclusion with the understanding that prices for payment services had formed a barrier to financial access, and to complement the requirements stipulated in BID-13: Disclosure of Bank Charges, Fees and Commission. In this regard, the Bank publishes annual fees and charges comparison report  for public education.

Fees and Charges 2022
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