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Currency

Issuance of Banknotes and Coins

Summary

Find out more about Issuance of Banknotes and Coins.

Issuance of banknotes and coins

The commercial bank conducts daily deposit and withdrawal transactions with the bank in order to ensure that quality and sufficient quantity of currency is available to the Namibian Public. Commercial banks also deposit all notes that are unfit for the market with the Bank and such notes are destroyed at the bank during a highly secured banknote shredding process.


Bank of Namibia - Chatbot