Last Updated on December 27, 2023 by Elidge Staff
Table of Contents
A Guide to Fees for Bank Windhoek Services
Bank Windhoek is a leading financial institution in Namibia, offering a wide range of banking services to individuals and businesses. In this guide, we will explore the various fees associated with Bank Windhoek’s offerings, including guarantees and letters of credit, collections and legal services, international banking, and exchange control work. Understanding these fees will help you make informed decisions when utilizing Bank Windhoek’s services.
MTC Online SIM Registration: How to register MTC SIM card online in Namibia
Fees for Bank Windhoek Guarantees and Letters of Credit
- Imports: Bank Windhoek charges a minimum fee of N$508.00 plus a commission based on the risk grade associated with the transaction.
- Exports: An advising fee of N$732.07 is applied, along with a drawing commission based on the risk grade.
- Confirmation Commission: The commission for confirmation is determined by the confirming bank.
- SWIFT Guarantee: Customers can expect an advising fee of N$732.07, in addition to a commission based on the risk grade.
Fees for Bank Windhoek Collections and Legal Services
- Letters: Bank Windhoek charges N$344.53 for letters related to collections and legal services.
- Reminders: Customers should expect to pay N$344.53 for reminder services.
Fees for Bank Windhoek International Banking
- Incoming SWIFT Payments: Bank Windhoek applies a fee of 0.91% of the payment value, with a minimum of N$140.00 and a maximum of N$925.00.
- Outward SWIFT Payments: For outward SWIFT payments, the fee is 0.91% of the payment value, with the same minimum and maximum as mentioned above.
Fees for Bank Windhoek Exchange Control Work
- Application to Bank of Namibia: Customers are required to pay N$1,160.50 for applications submitted to the Bank of Namibia.
- Urgent Applications: For urgent applications, the fee is N$1,635.25.
- Complex Applications: Complex applications are subject to a fee of N$2,373.75.
- Attestation Fees – F178/NEP: Bank Windhoek charges N$79.50 for attestation fees related to F178/NEP.
Bank Windhoek Penalty Fees
- Card Replacement Fee: In case of a card replacement, customers will be charged N$217.43.
- PIN Replacement Fee: The fee for replacing a PIN is N$19.78.
- Token Replacement Fee: Bank Windhoek applies a token replacement fee of N$937.34.
- Over Limit Fee: Customers exceeding their account limit will be charged an over-limit fee of N$596.89.
- EFT Unpaid Fee: In cases where an Electronic Funds Transfer (EFT) is unpaid, a fee of N$12.71 is applicable.
- Declined ATM Withdrawal – Own ATM: There is no fee charged for declined ATM withdrawals from Bank Windhoek’s own ATMs.
- Notice of Irregularity: Bank Windhoek applies a fee of N$344.53 for handling notices of irregularity.
- Failed/Reversed Debit Order External : For failed or reversed external debit orders, customers can expect a fee of 1.50% of the transaction amount, with a minimum of N$46.37 and a maximum of N$200.00.
- Deposit Correction: Customers will be charged N$100.29 for deposit corrections.
- Recalled Deposit Item: If a deposit item is recalled, the fee is N$127.80.
- EasyWallet Reversal: An EasyWallet reversal will incur a fee of N$30.75.
- Temporary Overdraft Increases (12.12): The fee for temporary overdraft increases is calculated at 1.59% of the overdraft value, with a minimum of N$2,392.11.
Bank Windhoek offers a comprehensive range of banking services to cater to the needs of individuals and businesses. By understanding the fees associated with these services, customers can make informed decisions and effectively manage their financial transactions. It is important to review these fees and consider them when utilizing Bank Windhoek’s offerings.
FAQs: Fees for Bank Windhoek Guarantees and Letters of Credit
Q: What is the fee for imports related to Bank Windhoek Guarantees and Letters of Credit?
A: For imports, Bank Windhoek charges a minimum fee of N$508.00, along with a commission based on the risk grade associated with the transaction.
Q: How much is the advising fee for exports in Bank Windhoek Guarantees and Letters of Credit?
A: Bank Windhoek applies an advising fee of N$732.07 for exports in Guarantees and Letters of Credit, in addition to a drawing commission based on the risk grade.
Q: What is the commission for confirmation of Bank Windhoek Guarantees and Letters of Credit?
A: The commission for confirmation in Bank Windhoek Guarantees and Letters of Credit is determined by the confirming bank.
Q: Are there any additional fees for SWIFT Guarantee in Bank Windhoek Guarantees and Letters of Credit?
A: Customers can expect to pay an advising fee of N$732.07 for SWIFT Guarantee in Bank Windhoek Guarantees and Letters of Credit, along with a commission based on the risk grade associated with the transaction.
Please note that these fees are subject to change. It is always recommended to consult with Bank Windhoek directly for the most up-to-date and accurate information.
FAQs: Fees for Bank Windhoek Collections and Legal Services
Q: How much does Bank Windhoek charge for letters related to collections and legal services?
A: Bank Windhoek charges N$344.53 for letters related to collections and legal services.
Q: What is the fee for reminder services in Bank Windhoek?
A: Customers should expect to pay N$344.53 for reminder services provided by Bank Windhoek.
FAQs: Fees for Bank Windhoek International Banking
Q: How much does Bank Windhoek charge for incoming SWIFT payments in international banking?
A: Bank Windhoek applies a fee of 0.91% of the payment value for incoming SWIFT payments, with a minimum of N$140.00 and a maximum of N$925.00.
Q: What is the fee for outward SWIFT payments in Bank Windhoek international banking?
A: For outward SWIFT payments, the fee is 0.91% of the payment value, with a minimum of N$140.00 and a maximum of N$925.00.
FAQs: Fees for Bank Windhoek Exchange Control Work
Q: How much does Bank Windhoek charge for applications submitted to the Bank of Namibia for exchange control work?
A: Customers are required to pay N$1,160.50 for applications submitted to the Bank of Namibia for exchange control work.
Q: What is the fee for urgent applications in Bank Windhoek exchange control work?
A: For urgent applications, the fee is N$1,635.25 in Bank Windhoek’s exchange control work.
Q: How much does Bank Windhoek charge for complex applications in exchange control work?
A: Complex applications in Bank Windhoek’s exchange control work are subject to a fee of N$2,373.75.
Q: What is the attestation fee for F178/NEP in Bank Windhoek’s exchange control work?
A: Bank Windhoek charges N$79.50 for attestation fees related to F178/NEP in their exchange control work.
Please note that these fees are subject to change. It is always recommended to consult with Bank Windhoek directly for the most up-to-date and accurate information.
FAQs: Bank Windhoek Penalty Fees
Q: How much does Bank Windhoek charge for card replacement?
A: In case of a card replacement, customers will be charged N$217.43.
Q: What is the fee for replacing a PIN at Bank Windhoek?
A: The fee for replacing a PIN is N$19.78.
Q: How much does Bank Windhoek charge for token replacement?
A: Bank Windhoek applies a token replacement fee of N$937.34.
Q: What is the fee for exceeding the account limit at Bank Windhoek?
A: Customers exceeding their account limit will be charged an over-limit fee of N$596.89.
Q: Is there a fee for unpaid Electronic Funds Transfers (EFTs) at Bank Windhoek?
A: In cases where an Electronic Funds Transfer (EFT) is unpaid, a fee of N$12.71 is applicable.
Q: Are there any fees for declined ATM withdrawals from Bank Windhoek’s own ATMs?
A: There is no fee charged for declined ATM withdrawals from Bank Windhoek’s own ATMs.
Q: How much is the fee for handling notices of irregularity at Bank Windhoek?
A: Bank Windhoek applies a fee of N$344.53 for handling notices of irregularity.
Q: What is the fee for failed or reversed external debit orders at Bank Windhoek?
A: For failed or reversed external debit orders, customers can expect a fee of 1.50% of the transaction amount, with a minimum of N$46.37 and a maximum of N$200.00.
Q: How much does Bank Windhoek charge for deposit corrections?
A: Customers will be charged N$100.29 for deposit corrections.
Q: What is the fee for a recalled deposit item at Bank Windhoek?
A: If a deposit item is recalled, the fee is N$127.80.
Q: How much does Bank Windhoek charge for an EasyWallet reversal?
A: An EasyWallet reversal will incur a fee of N$30.75.
Q: What is the fee for temporary overdraft increases at Bank Windhoek?
A: The fee for temporary overdraft increases is calculated at 1.59% of the overdraft value, with a minimum of N$2,392.11.
Please note that these fees are subject to change. It is always recommended to consult with Bank Windhoek directly for the most up-to-date and accurate information.
Fees for Bank Windhoek Credit Cards
Bank Windhoek Various Fees and Charges
Fees for Bank Windhoek Digital offerings
Bank Windhoek Fees For Advances and Overdraft Facilities: A Comprehensive Guide
If you have more questions, look through our blog for answers!
