Personal BankingBusiness & Corporate Banking
| BANK AND SAVE |
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| BORROW |
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| PLAN |
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FORWARD EXCHANGE CONTRACTS
| FORWARD EXCHANGE CONTRACTS |
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Bank Windhoek offers foreign exchange contracts whereby you can fix the rate to purchase or sell foreign currency, as an importer or exporter, for any period between 3 days to 12 months before payment is due. This will provide protection against adverse market movements and the effect it will have on your business. |
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Bank Windhoek Forward Exchange Contracts offers the following benefits:
- As an importer, you can fix the rate for payment of imports for periods up to one year, based on the current spot rate. This allows you to accurately calculate your purchase price in local currency.
- The rate will be fixed for the remainder of the period.
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When investing at your local Bank Windhoek branch, remember to bring along the following: |
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- Your Namibian ID or valid passport or valid Namibian Driver's License
- Your most recent municipal account, not older than 3 months, or other proof of your residential address
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