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Opening a bank account in Namibia

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Julien

Hi all,

is it difficult for expats to open a bank account in Namibia ?

Which documents are required to open a bank account in Namibia ?

How long does it take to open it ?

Is there any restriction for expats regarding the services (loans for instance)  ?

Which bank would you recommend ?

Thanks in advance for your participation,

Julien

Lazarus2011

hi there

opening a bank account can not be that difficult as long as you have your passport and ID.

The best bank is Nedbank Namibia they work well .

Harmonie

Welcome to Expat.com Lazarus2011 and thanks for your help.;)

Harmonie.:)

zenani

Hello,

Opening an account for an expatriate is not difficult.
You will need a valid work visa or work permit. Banks will not
open an account for tourists.

So you need:

1. Your passport (with visa)

2. At least N$100

Everyone has a preference and mine is FNB particularly the John Meinert Branch. However, Nedbank are fine too.

All the very best,

Zenani

Harmonie

:top:

dylannoime199

Also, how long would it take to create an account whilst I'm present there?

dylannoime199

What bank do you recomend to create an account?

dylannoime199

Is it possible for a tourist to open an account, and if possible what paperwork would be needed?


Also, what would be the interest rate for having an account open in the bank that you guys recomend to me?


Additionally, am I able to deposit/transfer money into the account from the Uk?

Bhavna

@dylannoime199


Hello and welcome !


it will depend on the bank I believe!


This bank allows non resident to open a bank account : https://www.bankbic.na/start/personal/a … ocument%20(ID%2F%20Passport,%2C00%20for%20Non%2DResidents.


But you have to contact different banks to enquire.


Regards

Bhavna

Omeya25

@dylannoime199

short answer: No. For Tourists it is *not* possible to open a bank account (anywhere, for bank accounts you must be a resident)

andriesmaritz

@Julien

I am not moving to Namibia, I just want a bank account there which I can use for my self.

Andries