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Kuwait Guide: Money
Our money guide provides information on bank accounts, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.
Currency:
The Kuwaiti Dinar and international transfers
The Kuwaiti dinar (BD) is linked to the US$ and is therefore susceptible to the ups and downs of that currency.
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Banks:
Where to manage your finances
There’s no shortage of banks in the cities, towns and villages of the Kuwait.
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Opening an account:
How to open a bank account in Kuwait
The formalities involved in opening a bank account in Kuwait are quite stringent and involve a considerable amount of paperwork.
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Debit and Credit Cards:
How to use cards in Kuwait
All banks in Kuwait offer customers cash and debit cards, which can be used at any branch of the same bank and, by arrangement, at other banks.
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Cash & travellers' cheques:
How to use them
Cash is widely used in Kuwait, although credit and charge cards are also popular. As in many countries, the quickest way to draw cash is to use an automated teller machine (ATM), found at banks and shopping malls.
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Foreign & Offshore Banking:
Where to keep your money abroad
In many cases, foreign workers in Kuwait find that they’re able, for the first time, to save part of their income for the future.
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Cost of Living:
How much does living in Kuwait cost?
The overall cost of living in Kuwait is similar to that in most European countries, if you’re living in the style of the average western expatriate.
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Further Links about Money
Kuwait Guide:
Money
Kuwait Forums:
Money
Kuwait Articles:
Money