To help you raising your children with the habit of saving, KFH has...
- This account provides most of bank services for individuals, corporations and organizations.
- This account is treated as a good will loan (Qard Hasan), therefore it is not subject to profit or loss.
- Issue checkbooks.
- Daily cash withdrawal up to 2,000 KD.
- "Current" account can be opened in Kuwaiti Dinar or other major currencies.
- Ability to manage your account through "KFH online" and "Allo Baitk" 1803333.
- You can change debit cards limits for purchases via POS in Kuwait through Call Center or Branches.
- No account opening fees.
- Free ATM card.
- The account can be opened for individuals and legal entities.
- Minimum age to open the account is 21 years.
- Approval from the branch manager or his representative is required.
- The account is available in Kuwaiti Dinar and major foreign currencies.
- Minimum opening balance is KD 1,000.
Required Documents For:
Individuals:
- Civil ID.
Establishments:
- Establishment license.
- Certificate of commercial register.
- Letter from PACI showing the establishment civil ID number.
- Original civil ID of authorized signatories.
Corporations:
- Authenticated contract of incorporation.
- Certificate of commercial register.
- Official letter from PACI showing the corporation civil ID number.
- Original ID of authorized signatories.
Charities and Fundraising Committees:
- Articles of association.
- Official letter from the Ministry of Labor and Social Affairs approves opening a bank account and determines authorized signatories.
- Official letter from PACI showing the establishment civil ID number.
- Original ID of authorized signatories.
- Approval from the legal and banking services departments in KFH.
Non-profit Organizations, Cooperative Organizations and Sports Clubs:
- Articles of association
- Official letter from PACI showing the organization civil ID number.
- Original ID of authorized signatories.
Students’ Unions inside and outside Kuwait:
- Articles of association.
- Official letter from the Ministry of Education or Kuwait University determining authorized persons.
- Official letter from PACI showing the Union civil ID number.
- Original ID of authorized signatories.