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Letters of Credit
Download Our Trade Finance activity is supported by our comprehensive global network of Bank correspondents. All documentation required to initiate payment under the Letter of Credit is clearly defined. They are subject to the standard regulations set out by the International Chamber of Commerce Uni...
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What are the charges for the Mobile Banking app?
There are no charges for the actual Mobile Banking app itself. The fees, if any, are our existing charges such as KD0.500 to transfer funds locally, KD 3.000 for international transfers, and others. [...
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What are the new features in the Mobile Banking app?
There are a number of new; enhanced and unique features that have been implemented to the new Mobile Banking app. Listed below are a few:You can now login, authorize transactions with the new biometri...
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What are the transactions, which do not qualify for Cashback rewards?
The spends that qualify for Cashback rewards are purchase transaction at POS and e-commerce.Sample of Spends not qualified for Cashback are:Balance transfersLocal cash advancesATMCredit Card chequesFi...
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Are the details of the winners (including their names, nationalities, Civil ID numbers, and phone numbers) provided to the Consumer Protection Department in the Ministry of Commerce & Industry after e...
Yes, these details of the winners are provided to the Consumer Protection Department in the Ministry of Commerce & Industry after each draw.
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