Travel to namibia

Here you will find the right answers

About Moneyland Forum

The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Please login in or sign up to participate in the forum.
 
avatar
  • Benutzernamelaradgl7
  • Status Member
  • Registriert seit4/9/24
  • Beiträge1

Hello, 

What would you recommend between changing money in CH or withdraw money with credit card in Namibia?

 
avatar
  • Benutzernamethetownclownsa
  • Status Member
  • Registriert seit1/25/17
  • Beiträge94

Buy South African rands in Switzerland. Swiss banks have much better rates for South African rand than for Namibian dollars. You can use rand anywhere in the southern African currency area (Namibia, South Africa, Lesotho, Swaziland) at the rate of 1-to-1 with the local currency.

Withdrawing money at ATMs in Namibia can get expensive because banks there charge you high ATM fees for withdrawals with foreign cards (around 3% of the amount you withdraw). You can end up making a lot of withdrawals because the maximum amounts you can withdraw are generally low (commonly 50 francs worth of Namibian dollars, depending on the ATM).

On top of that, if you withdraw by credit card, your Swiss credit card company will charge you horrendous fees (think 10 francs per withdrawal). If you prefer to withdraw money there instead of carrying a lot with you, then use a debit card. The fees are much lower.

Larger businesses in Namibia, like bigger hotels, gas stations, supermarkets, etc. often accept card payments. In the tourist hubs it's also common to get restaurants and shops that accept cards, especially bigger/chain stores. If you have a card with good exchange rates and low/no foreign transaction fees, then you may not need that much local currency, depending on where you want to go.

Request now for free

Cheap bank accounts with card

Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

Swiss digital bank

Radicant

  • High interest on your everyday account

  • Best exchange rates

  • Up to 1% of card spending as saveback in the investment portfolio

Swiss Bank

Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Request now for free

Cheap bank accounts with card

Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

Swiss digital bank

Radicant

  • High interest on your everyday account

  • Best exchange rates

  • Up to 1% of card spending as saveback in the investment portfolio

Swiss Bank

Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Deal of the Day
×
Free bank account

Yuh

No account fees