To provide legal advice to the Bank of Namibia and on matters relating to its mandate and the laws that is administered by the Bank.

Draft and negotiate specialised contracts of the Bank such as Currency Production and Supply contracts.

Appoint and Liaise with Legal Practitioners of the Bank.

To provide legal advice on the formulation and drafting of legal statutes, rulings, determinations, regulations, by-laws and notices issued by the Bank or the Minister of Finance.

To Supervise and Regulate Authorised Dealers in Foreign Exchange.

To ensure the timely repatriation into the Namibian banking system of all foreign currency acquired by residents of Namibia, whether through transactions of current or of capital nature.

To enforce compliance over the movement into and out of Namibia of foreign currency while at the same time avoiding excessive interference with the efficient operation of the commercial, industrial and financial systems of the country.

To support foreign reserves management policy of the Bank.

To curb illegal dealings in foreign currency.