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.

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  Currency

  The Kuwaiti Dinar and international transfers

  The Kuwaiti dinar (KD) 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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