Standard Bank Namibia’s new pricing structure for 2026 introduces significant reductions on everyday banking fees, free digital services, and four bundled offerings tailored to diverse lifestyles and income segments. The bank yesterday announced their new pricing strategy which has been effective since 1 January 2026. 

In a statement the bank notes that its 2026 fees are aimed at making banking more affordable, inclusive, and growth-focused for individuals and businesses. The new pricing structure includes lower EFT fees, free inter-account transfers, and simplified bundles to make digital banking more accessible. 

“The refreshed structure goes beyond a simple fee adjustment, positioning the bank as a partner in progress and digital transformation. In a world where progress matters, banking should do more than process transactions; it should empower people and businesses to keep growing. This pricing update is designed to deliver real value, drive financial inclusion, and support sustainable growth across Namibia,” Standard Bank stated. 

The statement added that the 2026 fee reductions are not only about affordability, but are about enabling Namibians to transact confidently, embrace digital banking, and unlock opportunities without unnecessary cost barriers.

“Pricing should never stand in the way of progress,” said Karen van der Merwe, Standard Bank’s head of personal and private banking.

“Our 2026 pricing is designed to ease the cost of banking while adding meaningful value. Lower fees, simplified bundles, and more free services mean our customers can focus on what matters most – building their future,” she added.

 Meanwhile, Standard Bank continues to partner with SMEs to maximise its economic impact. 

“SMEs are the engine of Namibia’s economy, and our pricing refresh removes barriers to their success. Reduced transaction costs and simplified solutions strengthen financial visibility, improve bankability, and open doors to scalable funding,” the bank stated. 

“When SMEs grow, Namibia grows. Our approach reflects a commitment to inclusion and impact, partnering with entrepreneurs at every stage of their journey,” said Hellen Amupolo, Standard Bank’s head of business and commercial banking. 

Moreover, the latest pricing update is part of the bank’s broader vision, namely to create a banking environment that supports financial wellbeing, fosters digital inclusion, and drives sustainable economic growth. 

Also, with the new pricing strategy, Standard Bank customers can benefit from lower everyday fees, more free services, and tailored bundles that deliver value and convenience, helping them bank smarter and keep growing. 

“Whether you are a young professional embracing digital banking, a family managing household expenses, or an SME driving Namibia’s economy, our pricing strategy is designed to help you keep growing,” the bank stated.