Send Money From Canada To The National Development Bank Of Botswana

National Development Bank, Botswana

The National Development Bank of Botswana was established in 1963 under an act of parliament. The Government of Botswana owns the financial institution, and it is managed by a Board of Directors appointed by the Minister of Finance and Development Planning.

NDB got ISO 9001:2000 International Quality Standards certification in 1998 to become the first Bank in Africa. While the bank's main objective lies in providing several financial services to Botswana's businesses and the public, it also aims to earn shareholders satisfactory returns on their funds.

Also, the Bank contributes immensely to the growth of the local economy by providing loan financing for startups in the following sectors:

Commerces
Agriculture
Real Estate
Industrial
Human Development

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Best Way to Send Money from Canada to the National Bank of Botswana

Undoubtedly, Remitbee is the best way to transfer money to Botswana.FINTRAC Canada regulates the company's wallet! All you need is to Fund your wallet in advance and make quick transfers when the exchange rate is the best.

Transferring over CAD 500 to BWP is free through Remitbee Wallet. Alternatively, you can use bill payment and Interac E-transfer payment options available.

Transfer Money To The National Development Bank of Botswana

Sending money to NDB is simple with Remitbee. Your money is on the way to your beneficiary in Botswana in just a few clicks.

Here's what it takes to transfer money from Canada to NDB with Remitbee:

Create your free account by signing up online and keying in your username and a strong password.
To enjoy all the benefits, verify your identity. You can easily do this by sending a recent copy of your bank statement or utility bill bearing your full name and address. Usually, the verification process takes up to three working days.
Add your beneficiary and the amount, and enter the amount you'd like to transfer. Remitbee will give you the applicable exchange rate and transfer fee and display the BWP your recipient will receive.
Select the appropriate payment method, and you can use your Remitbee wallet, MasterCard or visa cards, Interac Online, and Interac e-Transfer.

Remitbee Foreing Exchange Rates and Fees

Although Remitbee earns its revenue from the transfer fees and the foreign exchange rates margin, the company believes in transparency. As a result, it displays the applicable exchange rates upfront on the transfer widget.

What keeps Remitbee ahead of other players is that the first transfer you make is free of charge and transaction fees begin from CAD 2.99, depending on the amount you're transferring.

What Are The Benefits Of Sending Directly To The NBD?

Reasonable exchange rate margins

Remitbee charges reasonable margins, and you can pay as low as 0.5% when transferring funds to the National Development Bank of Botswana.

Low and transparent fees

With Remitbee, you can view different fees you'll pay depending on your chosen payment method. Typically, sending between CAD500 and CAD3,000 is accessible using the wallet and a fee of CAD2.99 on Interac e-Transfer.

Mobile app

On the other hand, If you're planning to transfer funds while on the move. You can download the Remitbee app on the App Store or Play Store. The app will also help track your transfers and get exchange rate alerts.

A variety of payout options

Remitbee offers a variety of payout options depending on the country of your recipient; moreover, you can transfer the funds directly to your recipient's bank.

Money back guarantee

When transferring money, a transaction guarantee policy is an essential factor. With Remitbee, you'll get a 100% money-back guarantee. If your money doesn't get to your recipient, the service provider will return your money, including any fees paid.

Transfer money to all major Botswana banks in Remitbee:

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.

Frequently Asked Questions

How long does sending money to the National Development Bank of Botswana take?

Sending money to Botswana will only take two days for your beneficiary to receive money. However, most of the time, Canadian Dollars to Botswana Pula transfers are completed within hours.

Which banks in Botswana can you transfer money to?

With Remitbee, you can transfer money into any bank account in Botswana. Here are some banks you can send money to: Bank Botswana, NDB, Bank Gaborone, and other Botswana banks.

Can I send Interac e-Transfer to Botswana?

Yes, you can send a direct Interac e-Transfer from Canada to Botswana through your National Bank of Botswana account.

Is it secure to transfer money to Botswana using Remitbee?

Yes, it is safe; Remitbee is one of the safest ways to transfer money from Canada to Botswana. The organization has partnered with McAfee Canada. In addition, they use Microsoft Azure services for data protection.

How much does sending money to the National Bank of Botswana cost?

Remitbee is consistently looking for ways to keep transfer costs very low and exchange rates reasonable so you transfer as much of your hard-earned money as possible.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.