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Banks & ExchangesThe banking sector is currently dominated by local banks, although the government is in the process of issuing licences to international banks.

A number of the local banks offer services akin to those found in most international banks worldwide, including savings and current accounts, credit cards, loan facilities, and online banking


Bank charges vary slightly from bank to bank, but if you use your bank card to withdraw money from another bank’s ATM, expect to pay 200 fils. Use of your own bank’s ATMs is free. Credit cards are issued on approval and you will need to hold an account at the bank into which your salary is transferred every month.

 

Working Hours

Banking Hours

Banks are open Sunday to Thursday.
Banking hours are generally from
08:00 AM to 13:00 PM.
Evening openings are generally from
17:00 PM to 19:00 PM.

Exchange Hours

Exchanges are open Friday afternoon to Thursday.
Working hours are generally from
08:00 AM to 12:30 PM.
Evening openings are generally from
16:00 PM to 20:00 PM.

Current accounts, although not common, are available. Accounts are available in either US dollars, pounds sterling, euros or Kuwait dinars.

It is a criminal offence to issue a cheque when there are insufficient funds in the account. A bounced cheque is taken very seriously and will usually result in arrest.

 

Main Banks 


Al Ahli Bank of Kuwait 189 9899 www.eahli.com 

Bank of Bahrain & Kuwait 2241 7140 www.bbkonline.com 

Burgan Bank 2243 9000 www.burgan.com 

Central Bank of Kuwait 2244 9200 www.cbk.gov.kw 

Commercial Bank of Kuwait 2241 1011 www.cbk-online.com 

Gulf Bank 180 5805 www.gulfbank-online.com Industrial

Bank of Kuwait 2245 7661 www.ibkuwt.com 

Kuwait Credit & Saving Bank 2241 1311 

Kuwait Finance House 180 3333 www.kfh.com

Kuwait Real Estate Co. 2245 8177

National Bank of Kuwait 180 1801 www.nbk.com


MONEY EXCHANGES

Changing money in Kuwait will probably be a regular requirement for your expat life in Kuwait. Most common transactions are Kuwaiti Dinar to pounds, Kuwaiti Dinar to euro or US Dollars Kuwaiti Dinar.

Expats can expect major changes to take place in their daily lives upon moving in a new country. One of the important new aspects that expats will face is often related to currency, money transfer. Because the market can be unpredictably volatile, there is an even greater need to take cautious steps when looking for Money Transfer Kuwait. In this section, you will find the best resources to help. Foreign exchange specialists are here to help you.

Most of the foreign exchange brokers named on our comparison table will offer you rates that are far better than traditional banks.
As these specialists transfer thousands of Pounds, Euros, Rupees and Dollars every day, they can offer a better exchange rate while still making a very little margin for themselves.

 

List of Reputed Exchanges in Kuwait

 

AL MULLA INTERNATIONAL EXCHANGE CO.
As the fastest growing major Exchange Company in Kuwait, with a network of 28 Branches, an additional 6 branches ready and awaiting approval from Central Bank of Kuwait, and a paid up capital of KD5 million, Al Mulla International
Exchange Co.'s (AMX) mission has always been to bring to the customer the latest technological advancements in global money transfer solutions combined with consistency and accuracy. AMX continuously works with its Correspondent Banks and Service Providers to enhance systems which enable not just faster, accurate and consistent money transfer, but also on line flow of information to the customer, thereby removing the mental stress associated with transfers traditionally.

At the same time, AMX continually endeavors to surpass customer expectations, by bringing them newer products and better services, all of which have resulted in an overall improved offering to the customer.

AMX's products and services include:

  • Retail exchange remittances
  • Corporate remittances
  • Cash currency exchange
  • Western Union global money tranfer
  • AMX Personal- a customised solution catering to our high value customers
  • AMX Ahlan – a separate counter at all our Branches for high value and Kuwaiti customers
  • AMX on-line ( soon to be launched).

Milestones

  • Introduction of the single window concept facilitating faster turnaround and better customer service at a single counter.
  • Ensuring automated on line feedback to customers through SMS .
  • Pioneered AMX Personal, a personalised service for customers who can have their transaction done from the convenience of their home or office.
  • AMX Ahlan, a special counter for Kuwaiti customers.
  • Pioneered a path breaking Customer Loyalty points and rewards for transactions done and Friends introduced.

 

 

Courtesy : visit-kuwait.com

Kuwait Bahrain Internationl Exchange Co.


Mirqab

Issa Abdulla Al Othman Building
Al Shuhada Street
P O Box 26926 Safat
Postal Code No. 13130 Safat
Opposite Public Transport Company
Tel 2421971, 2421973
Fax 2431000, 2421852

Fahaheel
P O Box 46935 Fahaheel
Postal Code No. 64020
Qasriah Biza Al Ghanim Building No. 1
Shop No. 51, Block 73
Dabbous Street
Tel 3915683, 3923171
Fax 3923171

Khaitan
P O Box No. 19529 Khaitan
Postal Code No. 83806 Khaitan
Building No.240, Block No.2, Old Khaitan Area
Abu Dhabi Street
Tel 4766210 . 4722181
Fax 4722181

Jeleeb Al shuyoukh
P O Box 41507 Jeleeb Al Shuyoukh 33092 Jeleeb Al Shuyoukh
Mohammad Bin Al Qasim Street (Main Street ), Hassawi
Homoud Al Rashidi Building # 1, Block No . 3
Near the Bridge
Tel 4348573, 4348574
Fax 4348573

Fahad Al Salem
P O Box 29705 Safat
Postal Code No . 13092 Safat
Al Muttahida Souq, UTC Building, Block No. 13, Fahad Al Salem Street, Al Qibla
Tel 2493356, 2493357
Fax 2493356

Farwaniya
P O Box No. 185, Farwaniya, Kuwait
Rashid Al Khayyat Building, Block 44
Opposite Metro Cinema
Habib Munawer Street ( Main Street ).
Tel 4724686, 4710169,
Fax4724686

Jahra
P O Box No. 40268 Jahra
Postal Code # 01753 Jahra
Shop No. 11, 12, 13, AlDuwaikh Complex, Building No 3, Block No . 28
Marzouq Al Miteb Street, Opposite Jahra Main Cooperative Society
Tel 4551289, 4554832
Fax 4554832

Nugra
P O Box No 4476 Hawalli
Postal Code No . 32075 Hawalli
Mahmoud Ahmad Al Gharabally Complex, Building No 1, Block No. 215
Shops No 5,6, 7, 8, Ground floor
Ibn Khaldoun Street
Tel 2667257, 2667387
Fax 2667387

Salmiya
P O Box 2545 Salmiya
Postal Code # 22026, Salmiya
Khalid Al Zamimi Building, Ground Floor, Block No. 237
Amman Street, Behind Salmiya Fire Station
Fax 5619132

Shuwaikh Industrial Area
P O Box 42107 Shuwaikh
Postal Code # 70652. Shuwaikh
Shuwaikh Industrial Area No. 1
Building 1-2, Shop No. 5, Block No. 1
Banks Compound Street
Branch of Canada Dry Street
Opposite Commercial Bank of Kuwait
Tel 4814628, 4814681
Fax 4814628

Abbasiya
P O Box 54265 Jeleeb Al Shuyoukh
Postal Code # 85863 Jeleeb Al Shuyoukh
Building 18, Block 17, Police Station Road
Tel 4340590, 4318796
Fax 4318796

Ras Salmiya
P O Box No 3953 Salmiya
Postal Code No. 22040
Building No. 1439 . Shop No 7, 8, Block No 3
Hamad Al Mubarak Street
Tel 5718863, 5718861
Fax 5718863

Hawalli
PO Box 5675 Hawall
Postal Code 32087 Hawalli
Mohammad Al Yaeish Building Block No. 5, Tunis Street, Near Jad Restaurant
Tel 2668591, 2668590
Fax No: 2668591

Abu Halifa
P O Box 1559, Fintas
Building No, 436, Shop No, 1
Main Street Block No . 2
Tel 3719984, 3719983
Fax 3719983

Old Khaitan
P O Box 516 old Khaitan,
Postal Code 83001 Old Khaitan, Kuwait . Abdulla Commercial Complex, Building No. 1, Block 24
Near Al Dabbous Complex and Al Mahameed Souq
Tel 4732053, 4732047
Fax 4732053

Ahmadi
P O Box 9233 Ahmadi.
Postal code 61003 Ahmadi
Shop No.84, Building No. 800558, Block No.1
Opposite Ahmadi Cooperative Society.
Cooperative Society Street
Tel 3984851 - 3984853
Fax 3984851

Wafra
P O Box refer KBE Head Office
Wafra Cooperative Society, Block No . 2
Inside the Wafra Cooperative Society Super Market
Opposite Petrol Pump Station
Tel 3810299, 3810399
Fax 3810299

Surra
P O Box Refer KBE Head Office
Surra Cooperative Society, Shop No 17
Inside Surra Cooperative Society Super Market,
Block No. 5,
Tariq Bin Ziyad Street
Tel 5355491, 5355492
Fax 5355491

Salwa
P O Box refer KBE Head Office
Sulaibikhat
P O Box refer KBE Head Office
Tel 4867072/4867073

 

UAE Exchange Centre WLL


Mirqab
P B NO.26155,SAFAT 13122,AL RABIA BUILDING, SHUHADA STREET,OPP.KPTC & SAFAT POST OFFICE,
Tel : +965- 22544605
Fax : +965-22548810
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Hawally Mall
Alothman Street Al Humaizeyah Mall, Shop No.2 Hawally
Tel 00965-22250180,22250181
Fax 00965-22250182
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Fahaheel
P O BOX 26155,Safat 13122
Tel +965 - 23910596, 23910597
Fax +965 - 23910564
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Hawally
P O BOX 26155,Safat 13122, Ibne Khaldound St.
Tel +965- 22662668,22662669
Fax +965 - 22636174
Emai This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Salhiya
P O BOX 26155,Safat 13122, UTC Building
Tel +965- 22450852, 22450853
Fax +965 - 22450855
Emai This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Al Jahra
P B NO. 26155, Safat 13122, Block No.28
Tel +965 - 24557210, 24558871
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Al Jleeb
P B NO. 26155, Building 12, Block 17, Police Station Road
Tel +965 - 24310321,24310322
Fax +965-24310322
This e-mail address is being protected from spambots. You need JavaScript enabled to view it

AL Manqaf
Obaid Zaben Al-Maie Complex
Block 54, St. 01, Building No. 03,
Shop No. 1and 2 Ground Floor
Tel +965-23734486, 23734487
Fax +965-23734481
Emai This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Farwaniya
Tel +965-24743320,24733849
Fax +965-24733849
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Salmiya
P O BOX 26155,Shop 28, Al Bahar Comprex
Tel +965 - 25714111, 25714222
Fax +965 - 25713900
Emai This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Qurtoba
P O BOX 26155, Qurtoba Co-op Society
Tel +965 - 25351770, 25351880
Fax +965 - 25351990
Emai This e-mail address is being protected from spambots. You need JavaScript enabled to view it


Kuwait India International Exchange Co.

SAFAT, P.O.Box 25965
Safat 13120 Kuwait
Opposite Safat Post Office
Opposite Murgab Bus Station
Tel 22422677 / 22422740
Fax 22405815
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Maliya
P.O.Box 25965
Safat 13120 Kuwait
Near Sheraton Round about
Tel : 22453397 / 22453398
Fax : 22456082
Email : This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Salmiya
P.O.Box 25965
Safat 13120 Kuwait
Location At Amman Street
Near Al-Rasheed Hospital
Tel 25654757
Fax 25637824
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Jleeb Al Shuyoukh (Abbasiya)
P.O.Box 25965
Safat 13120
Police Station Road, Abbasiya
Tel 24336897 / 24336896
Fax 24336896
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Fahaheel
P.O.Box 25965
Safat 13120 Kuwait
Behind National Bank, Fahaheel
First floor, Fahaheel Shopping Complex
Tel 23926648 / 23926653
Fax 23926683
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Jahra
Postal Address P.O.Box 25965
Safat 13120
Al-Mukhail Shopping Complex
Near Adsani School
Opp Kuwait Flour Mills
Tel 24559078
Fax 24559304
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

National Money Exchange Co. WLL

Building 55, Kuwait City
Phone: 246-0262

Oman Exchange Co. WLL

P.O. Box 26057
13121 Safat
Al Helali Street, Safat
Tel: +965 2425650
Fax: +965 2426703

 

Al Muzaini Exchange Company


Head Office:

Mubarakiya-Saud Ben Abdul Aziz St. Opposite Public Library
Tel 18 888 18
Fax 22417336

Khaitan
Old Khaitan - Zeena Complex
Tel 24756614/24756670
Fax 24756713

Hawally
Tunis Street-Al-Awadi Building
Tel 22611094/22615148
Fax 22619912

Farwaniya
Main Street-Al-Muzaini Commercial Center
Tel 24766739
FAx 24766737

Jeleeb Al-Shuyouk1
Block 17-Street 1-Building No 17
Tel 24346912
Fax 24346916

Reggaie
Block 2-Street 1-Building No 16
Tel 24887057/24887056
Fax 24887051

Fahad AL-Salem
Fahad AL-Salem street Anwar AL-Sabah Building:44-block:13-office25
Tel 22477627/22477628
Fax 22477629

Salmiya
Salem Al Mubarak Street-North Salmiya Building
Tel 25759083/25717133
Fax 25756470

Al Watya
Al Qabila - Abu Baker Al Saideeq Street Al Watya Complex Shop No.8&9
Tel 22424882/22420588
Fax 22496327

Jahra
Main Street-Kazma Complex
Tel 24554390/24570450
Fax 24554879

Hassawi
Block 3-Mohammed Al-Qasim Street Bulding No 30
Tel 24313249/24313248
Fax 24313479

The Avenues
The Avenues-Ground floor-Opposite carrefour
Tel 22597102
Fax 22597103

Mahboula
Almahbola-Main Street-Builing NO.641
Tel 23732796/23732862
Fax 23732798

Murgab
Alshuhada street- Hamad Al-Atiqee Building
Tel 22420773/22423889
Fax 22423887

Fahaheel
Makka Street-Sulaiman Aldabbous Building
Tel 23912372/23915614
Fax 23927540

Shuwaikh
Canada Dry Street-Shuweikh Industrial Area
Tel 24823485/24823492/24346912
Fax 24823427

Nugra
Block 216-Eben Khaldoon Street-Building No9-Ali Commercial Complex
Tel 22647195/22647194
Fax 22647197

Al Mangaf
Alsahel Complex-Shop No6&7
Tel 23731126/23731127
Fax 23731129

Jeleeb Al-Shuyouk2
Block7-Al-shaliahi Complex-Building NO.68-Shop No.3&4
Tel 224319011/224319033
Fax 224319113

Salmiah
Salmiah Co-operative Society
Tel 25755834
Fax 25748422

Qurain
Qurain Co-Operative Society
Tel 25437019
Fax 25437029

Bayan
Bayan Co-Operative Society
Tel 25386278
Fax 25386237

Riqqa
Riqqa Co-Operative Society
Tel 23941582
Fax 23941584

Omaria
Omaria Co-operative Society
Tel 24758531/24758451
Fax 24758418

Jabriya
Jabriya Co-operative Society
Tel 25324883/25324887
Fax 25324889

Faiha
Faiha Co-operative Society
Tel 22546097
Fax 22531763

Rumaithiya
Rumaithiya Co-Operative Society
Tel 25610881
Fax 25610882

Quadsiya
Quadsiya Co-Operative Society
Tel 2564197
Fax 2564198

Sabah Alsalem
Sabah Alsalem Co-operative Society
Tel 25518935
Fax 25518269

Al-Daiya
Al-Daiya Co-operative Society
Tel 22520461/22520462
Fax 22520463

Shamiya
Shamiya Co-operative Society
Tel 24846416
Fax 24846421

Mishref
Mishred Co-operative Society
Tel 25386489
Fax 25386316

Kaifan
Kaifan Co-Operative Society
Tel 24912940
Fax 24912941

Mansouria
Mansouria Co-operative Society
Tel 22571784/22571794
Fax 2571750

Ali Sabah Alsalem
Ali Sabah Alsalem Co-operative Society
Tel 23289183/23289184
Fax 23289182

Airport Arrival
Kuwait International Airport- Arrival Hall
Tel 24348160
Fax 24340102

Airport Departure
Kuwait International Airport- Departure Hall
Tel 24315245
Fax 24314105

 

Bahrain Exchange Company
 

Head Office
Al-Hajery Building
Al-Shuhada Street, Murgab
PO Box: 29149 Safat, 13152
Kuwait City

Abbasiya
Jaleeb Al Shouik
Dibyan Al-Muthari Comp.
Area 17, Abbasiya
Tel: 4312675
Fax: 4312176

Abbasiya
AREA 17, Police Station
BLDG NO.19, Jleeb Shuwaikh
Abbasiya
TEL: 4332378

Al Jahra
Al-Mutalaqum Complex
Shop No 14-15, Near Kuwait Real Estate Bank
Main Street, Jahra
Tel: 4568764
Fax: 4559871

Al-Watiya
Near Sheraton Hotel
Fahad Al Salem street
Tel: 2472085
Fax: 2460829

Amghara
Al-Jahra Street, Amghara Comp.
Shop - 14, Amghara
Tel: 4582562
Fax: 4582562

Fahaheel
Al Dabbous Street
Mustafa Sannian Al Ghanim Comp.
Area 73, Fahaheel
Tel: 3924148, 3910560
Fax: 3924148

Fahaheel
Shop No:6,
Qais Abdulla Al Ghannem Building,
Mecca Main Street,
Fahaheel,Kuwait.
Tel: 3910271,3913516
Fax: 3913791

Farwaniya
Manawar Street
Fahad Abdulla Al Annaz Comp.
Near Crown Plaza Hotel
Tel: 4740664, 4740331
Fax: 4728271

Metro
Manawar Street
Metro Plaza Cinema
Farwaniya
Tel: 4721471
Fax: 4728770

Hassawi
Jaleeb Al Shouik
Lulwa Ahmed Al-Sudan Comp.
Area 1, Hassawi
Tel: 4312535
Fax: 4312672

Hawally
Tunis Street
Yousuf Rasyid Borsely Comp
Area 183, Near Gulf Bank, Hawally
Tel: 2662129

Hawally
Ibn. Khaldun Street
Zaina Centre Complex
Tel: 2630992
Fax: 2630996

Khaitan
Zeinia Complex
Near National Bank of Kuwait,
NBK Street
Opposite Salman Daboous Complex,
Old Khaitan
Tel - 4754591 / 4754607

Muthahida
Salhiya Complex
Fahad Al Salem street
Tel: 2492350
Fax: 2405952

Mahboula
Building & Shop No.204,
Behind Mahboula Complex,
Street No. 6 & 7,
Telephone : 3713011 / 3713012

Mangaf
Shop No.2 & 3, Al Sahel Complex,
Building No.4, Block. 54,
Near Sultan Centre,
Tel: 3713233 / 3732844

Mubarakiya
Heritage Market
Exchange Area 4, Shop 1
Tel: 2403103
Fax: 2472199


Source : Excerpted from expatfinder.com, visit-kuwait.com. kuwait-info.com.

 

City International Exchange

 

City International Exchange, the premier Exchange Company of Kuwait was established in September 1984.Major operation of this Exchange Company, is in the handling of remittances of expatriates in Kuwait, most of whom are nationals of India, Philippines, Sri Lanka, Bangladesh etc. Quite many American, British, Canadian and other nationals working in Kuwait in Education, Trading and Oil sectors also send their remittances to all major financial centres of the world through us. If customer loyalty is any indication, hundreds of expatriates throng to this Company despite competition prevailing in Kuwait because of prompt, efficient service, good rates and safety of transactions with a proven track record.

 

• All the branches of City International Exchange use the state of the art technology to facilitate record Turn - around time for transactions of our customers.

• Courteous & ever helpful staff man the counters at all our branches

• Customer friendly rates and service charges

• Mistake free transactions are ensured with the built in systems & processes set in place

• Relationships with the best correspondents across the world to facilitate transactions

• We ensure that we are always there for you. Hence our branches at critical locations like Mirqab, Fahaheel & Watiya are open from 8.30 am to 8.30 pm straight. And on Fridays all our branches are open straight.All this and high levels of customer satisfaction has ensured our place as the premier exchange company in the state of Kuwait.

 

City International Exchange offers the below mentioned services for our customers:

 

• Draft

• Telex Transfers

• Electronic Funds Transfers

• RTGS & NEFT

• Cash payment

• American Express Traveler's Cheques

• Cash currencies

 

Branches Are In Mirqab, Fahaheel, Souk Watiya, Farwaniya, Jleeb Al-Shyoukh And Mahboula.

 

Source : www.cityinternationalexchange.com

 

Disclaimer : The information above concerning Kuwait is provided for general reference only, and may not be totally be accurate in a particular location or circumstance.



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28°C

Fair
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