Clients of the First National Bank of Namibia (FNB) who receive cross-border electronic fund transfer (EFT) payments within the Common Monetary Area (CMA) will no longer be permitted to use domestic payment methods and channels.

These cross-border payment changes take effect next month.

This means all cross-border payments to an individual or a business in the CMA must instead be initiated as a global payment on the FNB App and FNB Online Banking.