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Currency

EFT and Banking Services

Summary

Find out more about EFT and Banking Services.

EFT and Banking Services

The Bank of Namibia provides EFT and banking services managed by the Banking Services Department.

The Banking Services department is responsible for the following:

  • Receive and process all Government inward credits through the NISS (Namibia Interbank Settlement System).
  • Process all Government High Value Payments to the local Commercial Banks through the NISS.
  • Reconcile all Government EFT payments and oversee the Government EFT process.
  • Authorised Dealer for all Government Foreign transactions.

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