Botswana Development Corporation is the country's principal commercial and industrial development agency. The bank was established in 1970 under the Companies Act.
The Corporation is Limited by Shares and owned by the Government of Botswana. Similarly, its authority is vested in an independent Board of Directors led by an Independent Non-Executive Chairman. The Managing Director is accountable for the day-to-day running of the bank.
The organization's main goal is to promote the industrialization of the nation by offering financial support to investors with good business plans. The bank provides commercially viable projects that carry out one or more of the following activities with both debt and equity financing:
Create new industries.
Unlock the potential of current industries.
Encourage private sector growth and strengthen ties with local industry
Drive exports and diversification
Significant employment is created.
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You can transfer money to Botswana using Remitbee online services with no hidden fees. Here are a few steps to get started:
Sign up online on their app for free. All you need is a valid email address.
Choose an amount to transfer.
Put the amount you intend to send. Remitbee will display their fees upfront and alert you when your money should arrive.
4.Add your recipient's bank account.
Fill in your recipient's bank account details
Ensure you verify your identity to enhance data protection
You might need a photo of your ID for some currencies or large transfers to increase your money safety
Pay for your transfer.
Finally, send your money with a bank transfer, Visa, or Mastercard.
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