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Services · Personal accounts

Personal accounts: Namibia

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, so no one can guarantee an opening - careful preparation simply improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Fees

ServicePrice
Personal account - opening assistanceon request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

See also

Business account · Investment property · Country taxes · All country programs

FAQ

Can a non resident open a bank account in Namibia?
Usually you need a residence permit, work permit or study visa. Specific non resident account types exist under exchange control rules, but they are offered selectively and only in person. Without legal status and a verifiable address your odds are low.
What documents are needed for a personal account?
A passport, a valid permit or visa, proof of a Namibian address, proof of income or source of funds, and sometimes a reference letter from your previous bank. Documents in other languages need English translations. The bank will also ask what you intend to use the account for.
Can I open the account remotely?
No - there is no remote onboarding for foreigners in Namibia; a branch visit and face to face identification are required. Intermediaries promising an account without you showing up should raise a red flag. Plan the trip and gather documents in advance.
Will my account be reported to my home country?
Namibia is part of the OECD Global Forum on tax transparency, and its automatic exchange status has evolved - check the current position before opening. Either way the bank will ask for your tax residence, and FATCA applies to anyone with a US tax connection. Domestic exchange control reporting applies on top of that.

Don’t want to figure this out alone?

We handle the whole process end to end: we assess your chances with specific banks, prepare your documents and give you honest timelines. Leave your details and a personal banking expert will get back to you. The first consultation is free.

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