More articles in this category
Top Stories

Swift action has been taken to bring under control the flooding situation observed at the Tsumeb Sports Field where the 28th independence celebrat...

The local ready-made-food products manufacturing industry is having sleepless nights over the panic that has been caused by the outbreak of Lister...

With an array of budgeted capital projects stuck in limbo due to budgetary constraints and at times incompetency, analysts have advised that inste...

 With an outbreak of Listeriosis having already created panic in both the South African and Namibian food chain, the local small poultry indu...

Devastating statistics by the Namibian Police have revealed that 496 people took their own lives between January 2017 and January 2018. The num...

Learners at Kamanjab and Anker are terrified to return to school after another earthquake hit the area this week. They fear that their classroo...

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.”