Advertisement
the monitor

Basics of Banking

Banking is more than just making transactions or paying and purchasing of goods and services. It is a process which requires one to be thorough and familiarise themselves with basics such as bank statements, fees, stop orders etc.

Customers should make it a habit to scrutinise and understand their bank statements when they receive them on a monthly basis. Bank statements are usually sent at the end of the month outlining crucial information such as service fees, cash deposit fees, cash handling fees, monthly account fees, transfers, as well as the opening and closing balance.

First National Bank Botswana (FNBB), being a financial institution that embraces digitisation and is constantly advancing with time, made it a point to relay bank statements via e-mail, on the website as well as on the FNB App.

Advertisement
Editor's Comment
DIS must correct costly stalemate

More than P8.1 million has already been spent, yet there appears to be no lasting solution in sight. This is not simply a dispute between the DIS and a group of officers. It is a matter of public accountability. Every pula spent by government comes from taxpayers who expect public funds to be used wisely and responsibly, especially during economic hardships faced by many.The officers exercised their constitutional right to seek justice through...

Have a Story? Send Us a tip
arrow up