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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

cross-border payments

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Business / Economics

FNB launches real-time cross-border payments

FNB has teamed with BankservAfrica to offer near real-time cross-border payments within the Common Monetary Area, covering Namibia, South Africa, Lesotho, and Eswatini. FNB clients can now transfer up to N$ 25 thousand instantly, 24 hours per day, across borders with enhanced security and lower costs. The move aligns with regulatory compliance under Namibia’s grey-listing status.

todayNovember 7, 2024 21

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Namibia

BON PSD-9 Directive: The cross-border payment system’s anatomy and operations

      Opinion Piece By Josef Kefas Sheehama   Even though it usually causes people to feel more nervous, it's critical to keep in mind that compliance, security, and safety are important in a world of highly sophisticated financial crime. The Bank of Namibia released PSD-9 in 2022, and the new regulation may have taken effect on April 15, 2024. The Bank of Namibia's most recent directive has extended […]

todayApril 16, 2024 60

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