Bankers Association of Namibia halts electronic transfer payments
Contributed by NAMPA.
WINDHOEK, 22 SEP (NAMPA) – The Bankers Association of Namibia (BAN) has announced that it will no longer facilitate electronic funds transfer (EFT) payments between Namibia and some South African banks, effective 23 September 2019.
Responding to questions emailed by Nampa on Sunday, Bank Windhoek Public Relations Officer and BAN founding member, Andre le Roux, said the Common Monetary Area Payment System Oversight Committee (CMA CPOC) last year issued a directive that changed the information requireme ...
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