Tag: EFTs

Home EFTs
FNB Namibia clients will no longer use domestic payment channels for cross-border EFTs
Post
March 23, 2024March 23, 2024Uncategorized

FNB Namibia clients will no longer use domestic payment channels for cross-border EFTs

by

Clients of the First National Bank of Namibia (FNB) who receive cross-border electronic fund transfer (EFT) payments within the Common Monetary Area (CMA) will no longer be permitted to use domestic payment methods and channels. These cross-border payment changes take effect next month. This means all cross-border payments to an individual or a business in...