Banking and sending money home from Kuwait
Accounts, KNET and exchange houses.
In short
With a Civil ID you can open an account at NBK, KFH, Boubyan or Gulf Bank. KNET is the local debit network. Exchange houses like Al Mulla and Bahrain Exchange offer competitive remittance.
- Needed
- Civil ID + salary letter
- Network
- KNET
- Remittance tax
- None
- Regulator
- CBK
Step by step
Tick each step as you finish it. Open a step to see what to do.
Branch or app.
1–3 days
Documents checklist
Do’s and don’ts
Do
- Use licensed providers
Don’t
- Don’t share card PINs
Cost estimator
Untick what doesn't apply to you. These are rough figures and fees change often, so check with the authority.
Watch out
- Loans unpaid when leaving can lead to travel bans.
Common questions
Is there a limit?
No legal limit; checks apply on large amounts.
Official links
Background and more detail
With a Civil ID you can open an account at NBK, KFH, Boubyan or Gulf Bank. KNET is the local debit network. Exchange houses like Al Mulla and Bahrain Exchange offer competitive remittance.
Key facts
- Needed: Civil ID + salary letter
- Network: KNET
- Remittance tax: None
- Regulator: CBK
Steps
- Open account – Branch or app.
- Give IBAN to HR
- Register at exchange house
Watch out
- Loans unpaid when leaving can lead to travel bans.
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