FirstRand Namibia says ATM upgrades needed to process new notes

FirstRand Namibia has announced that its FNB ATMs are currently unable to accept the Bank of Namibia’s newly issued banknotes for deposits.

According to the bank, the machines can still dispense cash as usual. Still, technical upgrades are needed to enable them to recognise and process the new notes when customers make deposits.

Group communications manager at FNB Namibia Kirsty Watermeyer:

The Bank of Namibia recently introduced redesigned banknotes featuring enhanced security features and updated visuals. Financial institutions are upgrading their systems to accommodate the new currency.