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Overview
With this delivery channel, Nedbank Namibia's specialised team focuses on providing corporate and business clients with creative, customised structures and solution structuring and implementing for short-term, complex cross-border trade transactions.
Customer Foreign Currency Accounts
These are sub-accounts opened in the name of the enterprise or business.
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Bills Payable
A bill payable is a cheque issued in Namibian dollars...
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Bills for negotiation
A bill for negotiation is a cheque drawn in foreign currency on a foreign bank
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Forward Exchange transactions
A forward exchange transaction is a contractual arrangement where an agreed amount of a specific foreign currency is bought or sold ...
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SWAP contracts
A swap contract in the context of forward exchange cover is a spot purchase...
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Off-Shore Finance
This is the colloquial term applied for borrowing in foreign currencies usually for financing international trade...
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