The Financial Intelligence Act, 13 of 2012 (FIA), came into effect 2012 and its aim is to introduce measures to protect the Namibian economy against financial crime, such as money laundering and terrorist financing activities.
What is FIA?
What documents does Nedbank from you for FIA purposes?
We will need, among others, the following:
I have submitted FIA documents before - why do you need me to do this again?
If I have not provided all the necessary documents in accordance with FIA, will Nedbank freeze my accounts?
What is required from me as a Nedbank client?
How will I know if I need to resubmit my documents for FIA purposes?
You say you'll contact me. So what happens if you don't? Are you still going to freeze my accounts?
What if I have a business AND a personal account?
What happens if I do not bring in the necessary documents?
What documents would be acceptable as proof of residential address?
You can provide any of the documents below showing your name and residential address. Unless otherwise stipulated, the documents must show your full residential address and not a post box address:
Why can't I update my details online and fax/email through the documentation?
How will you contact me?
Can I send someone else to submit my FIA documentation?
Please take a moment to give us your suggestions