Kuwait
Banking in Kuwait
Kuwait Business Experts
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Banking in Kuwait
The procedures with opening a bank account involve a lot of paperwork. In order to open up a bank account, it is mandatory to have a residence visa and a NOC (No Objection Certificate) stipulating your salary and the amount that will regularly be paid into your account. Some banks will also ask to see your tenancy agreement to establish your residential address and will also ask to see a copy of your passport.
Most current accounts are not cheque accounts as people are generally suspicious of cheques. However, cheque accounts are available at some banks.
Organisations that can assist with Banking
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> Freedom24
The Freedom24 online trading platform by Freedom Finance contains 1 000 000+ investment products including new stocks at their IPO (initial) price.
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> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.