More articles in this category
Top Stories

The Namibia National Students’ Organisation has hailed the Namibia Career Expo agency’s 10th anniversary describing it as a consistent...

The Swapo Party Youth League (SPYL) has come out guns blazing against what they said has been a misrepresentation of facts based on what justice m...

The Namibia Student Financial Assistance Fund has flatly dismissed a letter calling for an Anti-Corruption Commission probe into possible fraud an...

The Namibia Institute of Pathology has suspended its chief executive officer, Augustinus Katiti effective immediately, following alleged transgres...

The tug of war for and against marine phosphate mining on the oceans of Namibia has left Pohamba Shifeta with a few hours within which he should m...

Two men who have been identified as Nicodemus Apollus (29) and Mervis Gariseb (37) burned to death after their shack caught fire in Windhoek&rsquo...

Other Articles from The Villager

BAN advises on ID needed for deposits

Tue, 10 June 2014 16:42
by Online Writer
News Flash

Chairperson of the Bankers Association of Namibia and CEO of FNB Namibia Ian

Leyenaar, has advised that as from 1 July 2014 identification will be needed by customers

for all deposits done within any bank.

He said: “This is a regulatory requirement as part of the Know your customer (KYC)

campaign and national identity documentation is required for all deposits. This means either

a valid ID or passport is needed. This initiative will be supported by a marketing campaign to

ensure that all customers are aware of that before the deadline of 1 July 2014.” He added: It

would be good to already start bringing your ID or passport now in order to get used to this

before it becomes a must within a month.”