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Kuwait — SWIFT/BIC Codes & Payment Info
Browse banks, EMIs, PSPs and other organizations in Kuwait that hold a SWIFT/BIC code. See correspondent banking data and review the country's payment requirements.
Currency
KWD — Kuwaiti Dinar
IBAN
Mandatory (KW2!n4!a22!c)
Payment requirements for Kuwait:
Ensure all required bank information is obtained from the Beneficiary, such as SWIFT BIC, IBAN, and beneficiary bank address.
Non-residents can hold both local and foreign currency accounts in Kuwait.
There are no foreign exchange controls in Kuwait.
For Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address. Initials can delay funds receipt.
For Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials), and address. Initials may delay fund receipt.
Beneficiary IBAN must be included in the payment instructions.
Include SWIFT BIC with branch identifier, full name, and address of the beneficiary bank.
No bank clearing codes in Kuwait for cross-border payments; SWIFT BIC is crucial for routing payments.
Provide the purpose of payment as recommended (SWIFT MT103 F70).
Note that markets are closed on Fridays in Kuwait.
SWIFT/BIC code holders in Kuwait (78)
Banks, EMIs, PSPs and other organizations with an assigned BIC. Click any entry for SWIFT/BIC details, correspondent banking data and supported currencies.