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.

Editor's Comment
GBV: The big elephant in the room

Sadly, the country seems not to have proper tools and the extent to which women and the girl-child are being abused is not adequately measured.Almost every week there are reports of women being attacked by their significant others and while men are attacked as well, women seem to be more on the receiving end.On May 24, 2023 news broke that a woman who was receiving support from the Botswana Gender-Based Violence Prevention Centre in Gaborone, was...

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