What documents do I need to provide to open a red account?

All you need is your Kuwaiti Civil ID. If you are a college or university student, you will need to submit your student allowance transfer paper.

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Why is it better to pay in the local currency?

Paying in local currency avoids dynamic currency conversion fees, offering better exchange rates and minimizing unnecessary charges.

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Gulf Savings Account

Minimum deposit required to open the account KD100 Minimum balance to earn interest is KD 500. Available in KD only. No limitation on the number of withdrawals. Interest is calculated on a daily basis and credited monthly. Free Online Banking Service to access your account. Free MasterCard Electron ...

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Can I obtain a loan on the security of my Deposit?

Yes, a loan facility is available up to 90% of the collateral amount, with a minimum loan amount of KD 5,000.Interest rates differ - they depend on the term and amount of the deposit.

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Terms & Conditions

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How much can I borrow?

The loan amount that can be borrowed depends on the collateral available linked to your monthly income. Please speak to a representative of Gulf Bank to help you determine the amount you can borrow.

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How to contact Gulf Bank abroad?

For more information, please call Gulf Bank Customer Service 1805805 or +965 22444383 internationally, our staff will assist you immediately and are available 24/7 for your service.

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Salary Packages

Expat Salary Package Transfer your salary and get special features and offers Salary Winners Congratulations to the winners! Kuwaiti Salary Package Transfer your salary and enjoy special benefits

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Appointment of Mr. Kevin Smith in the position of CFO at Gulf Bank

We would like to advise you that Gulf Bank has appointed Mr. Kevin Smith as CFO for Gulf Bank, effective 12/8/2015, following the approval of CBK as contained in its letter dated 5/7/2015.

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Disclosure of Core Information

None

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