When quoted in any currency other than the Namibian Dollar, we are by law obliged to invoice & receive a payment in Namibian Dollar. The quoted amount for e.g. US$ or Euro will then be converted into the local Namibian Currency. The consumer exchange rate offered on invoices to you is determined by the Bank of Namibia and the relevant local Bank we are working with and is based upon such factors as we determine relevant, including without limitation, exchange rates charged by other parties, desired rates of return, market risk and other market and economic factors. When you receive a proposal in any foreign currency the invoiced amount in local currency is thus based on the above factors and exchange conditions. Seeing that International exchange rates “change” by the minute there will always be a difference to your Foreign Currency Quote received, the Namibian Dollar payment due and the effective exchange rate charged to you, which we are not held liable for.

When paying via an online payment facility like Exchange4Free you are asked to confirm the “current” exchange rate quote which is an “ACTUAL & LIVE” exchange rate. You may accept or decline the rate quotation which after 60 seconds will automatically “reset” the live exchange rate. If you accept our rate quotation and we have not canceled your order, you have entered into a final and binding transaction at the rate you accepted. Exchange rates shown in the newspaper and on some currency conversion sites are generally interbank rates available only to banks under certain conditions. These rates are not generally available to consumers obtaining foreign currency for international travel. Exchange rates offered by other dealers or shown at other sources (including online sources) may be different from the Bank of Namibia or our related exchange rate sources and even your exchange rate sources.