By Staff Reporter
WINDHOEK, Aug. 18 — Bank Windhoek, Namibia’s leading bank, has launched an awareness campaign for its Onshore Foreign Currency (OFC) and Customer Foreign Currency (CFC) Accounts. The campaign aims to inform customers about the benefits of these accounts and how they can help them to manage their finances internationally.
In a statement, Bank Windhoek’s Chief Treasurer, Claire Hobbs, said that the OFC and CFC Accounts are multi-currency borderless accounts that allow customers to send and receive payments in various currencies. “These accounts are ideal for individuals and businesses who frequently transact or save in multiple countries,” she said.
The OFC Account is aimed at individuals who want to invest in foreign currencies, while the CFC Account is designed for businesses that need to mitigate exchange rate risk. Both accounts offer a number of benefits, including:
- No account management or monthly fees
- No hidden charges
- Interest paid on credit balances
- Easy online access
The awareness campaign will run until Thursday, 30 November 2023. Customers who are interested in learning more about the OFC and CFC Accounts can visit the Bank’s website or contact a branch.
In addition to the benefits mentioned above, Hobbs also highlighted the ease of transacting internationally with the OFC and CFC Accounts. “These accounts transcend language, culture, and geographic boundaries,” she said. “They enable individuals to become global citizens unhindered by continuous market fluctuations as they trade and transact with various foreign counterparts.”
Hobbs concluded by saying that the OFC and CFC Accounts can “propel customers into a world of opportunity and improved lifestyle with numerous currencies within reach.”
The awareness campaign is part of Bank Windhoek’s commitment to providing its customers with the best possible financial solutions. The bank is committed to helping its customers to manage their finances effectively, both locally and internationally.
