Savvy business banking: Single pricing fee choices make sense

FNB Namibia’s Single Pricing Fee for business accounts remains unchanged for the year ahead, offering stable relief to those business customers that need to be able to count on banks to not expose them further than the current economic climate has already.

13 July 2020 | Banking

Savvy business banking, focused fees and real help when customers need it most, is how we believe business in Namibia can stay on course to deliver to the future. - Philip Chapman, Commercial banking executive: FNB Namibia

Running a business can be stressful. Managing your money shouldn't be.

Does your bank provide you with choices and helpful banking solutions by devising flexible charge structures on your business accounts? Can you choose which fees option best suits your pocket and banking needs?

From the easily accessible, basic transactional Gold account to the Platinum Business account and the FNB Enterprise account with relationship manager support, your FNB business partnership choice should reflect your range of financial services needs as well as your lifestyle.

You’re on the move, and so should your bank be.

Options

You need options to access your finances via Online Banking for Business, on a Banking App for tablets, and ATMs or as a last resort, even a branch to get the job done. Quick access to funds via Retailers is changing up the game too. You need it, your bank should have it covered.

The FNB Business Account is a core business banking product which offers you the stability of a traditional bank account, along with the flexibility of FNB’s numerous innovative channels to access it in any number of convenient and efficient ways.

“The FNB Business Account is the backbone of your business banking relationship with us, and more than ever, in these times, we take this relationship very seriously,” says Philip Chapman, FNB Namibia commercial banking executive.

“While others might be looking for ways to save themselves, we understand that we are in business together, and for the long haul. Not only have we been visibly supportive during the drought, and the ongoing recession, our recent Covid19 Relief programme has meant a significant helping hand when too many of our clients felt there was nowhere to turn,” Chapman says.

He elaborates: “That’s why in reviewing our pricing structure this year, our support needed to translate to continued real help. A number of our standard fees remain unchanged for the next year, and where reasonably necessary, fees on the business account have been revised only in line with inflation, which as we know is currently lower than it’s been for a number of years. “Savvy business banking, focused fees and real help when customers need it most, is how we believe business in Namibia can stay on course to deliver to the future,” Chapman says.

‘Stable relief’

FNB Namibia’s Single Pricing Fee for business accounts remains unchanged for the year ahead, offering stable relief to those business customers that need to be able to count on banks to not expose them further than the current economic climate has already.

At FNB, Point of Sales swipe fees have been reduced by 20%, and cash deposit fees at CashPlus are free. Even business credit card monthly account fees have remained unchanged, while transfer fees online have halved.

For more information, FNB Namibia’s full Annual Pricing review is available on the www.fnbnamibia.com.na / rates / pricing / Pricing Guide Overview

Similar News

 

Bank Windhoek releases Green Bond Impact Report

3 weeks ago - 22 July 2020 | Banking

Bank Windhoek this week published its first Green Impact Report. The report details projects that received funding from its NSX listed Green Bond proceeds and...

Savvy business banking: Single pricing fee choices make sense

1 month - 13 July 2020 | Banking

Running a business can be stressful. Managing your money shouldn't be. Does your bank provide you with choices and helpful banking solutions by devising flexible...

Ensuring fintech remains client-centric

1 month - 08 July 2020 | Banking

B7: Your recent appointment has certainly been welcomed by a number of people and stakeholders – would you mind giving us some background of your...

Harnessing curiosity

1 month - 03 July 2020 | Banking

Mariselle Stofberg The diverse and ambitious Marion Scheün advises young individuals to find something that they are passionate about and cultivate that into a career....

New WB Supermarket opens at Ongwediva

1 month - 01 July 2020 | Banking

In spite of dealing with the complications around Covid-19, WB Supermarkets managed to continue finishing a brand new supermarket at Ongwediva.The new branding and look...

Kamfer’s powerful planning

1 month - 18 June 2020 | Banking

Jeane Kamfer has proven that with determination and perseverance, anything is possible if you believe in who you are and what you can do. Kamfer...

Easier finance for vulnerable Namibians

1 month - 17 June 2020 | Banking

Phillepus Uusiku – The more vulnerable and unbanked segments of the Namibian population are set to benefit from a concessional loan of N$235 million Namibia...

Nedbank Namibia appoints new COO

1 month - 16 June 2020 | Banking

Victor Ashikoto has taken on a new role as the chief operating officer (COO) of Nedbank Namibia. He is a seasoned information and communication...

Ester Kali steps in as chair of BAN

1 month - 16 June 2020 | Banking

Phillepus Uusiku - The Bankers Association Namibia (BAN) has announced that Letshego Bank Namibia chief executive officer, Ester Kali, has assumed the chair of the...

The a-ha moment

3 months ago - 15 May 2020 | Banking

Dr Rikus Grobler believes that people's creative ideas are every organisation's superpower – it just needs to be harnessed. He says his ability to recognise,...

Latest News

Thought leadership

21 hours ago | People

NDANGI KATOMAIn a very short time, the coronavirus has changed so much about our lives.It is easy to think you’ll never get ahead when you...

Marketing through the lens of...

21 hours ago | People

ESTER KAMATIAs part of the DOLOLO group of entrepreneurs and a 2019 alumnus of the Africa Pathfinders Leadership initiative, Andreas Elifas’s objective is to attain...

Price monster hungry

21 hours ago | Economics

Although annual overall inflation in Namibia last month stayed unchanged at 2.1%, annual overall food inflation increased to 6.2% - up from 4.9% in June...

Tough times for mines in...

21 hours ago | Business

Jo-Maré Duddy – Of the 16 operating mining companies included in the latest annual review of the Chamber of Mines of Namibia, six last year...

Fishing quota auction storm grows

21 hours ago | Fishing

OGONE TLHAGEWINDHOEKGovernment's decision to auction off its fishing quota, and then use the proceeds to finance its efforts to fight the Covid-19 pandemic is continuing...

Samherji begs for release of...

21 hours ago | Fishing

OGONE TLHAGEWINDHOEKIcelandic firm Samherji, which is at the centre of the Fishrot bribery scandal, has asked Namibian authorities to release its fishing vessel Heinaste, which...

Education kneecapped by shortage of...

21 hours ago | Education

KENYA KAMBOWERUNDUEducation minister Anna Nghipondoka says Namibia has a backlog of over 5 000 classrooms, which has made it a challenge to comply with the...

Growing hip-hop in the north

21 hours ago | Art and Entertainment

MICHAEL KAYUNDE WINDHOEKSkipper Wills' breakthrough came in 2017 when he was selected to take part in the Old & New hip-hop documentary. He has since...

Kay-Z Bearens on his 2020...

21 hours ago | Art and Entertainment

MICHAEL KAYUNDE WINDHOEK Rapper Kay-Z Bearens released his first single in 2015, and though on the underground scene, he's pushed his music over the years.In...

Load More