- 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 Check-Books.
- Can be opened in Kuwaiti Dinar or other major currencies.
- Ability to manage the account through "KFH eCorp Service".
No account opening fees.
-This account can be opened for legal entities.
- Minimum opening balance is KD 1,000 or the equivalent in foreign currencies.
- Establishments:
- A copy of the Ministry of Commerce and Industry license (valid).
- The commercial register of the institution’s data (except for professional and professional licenses).
- The approved official ID (civil card / passport) of the (owner).
- Certificate of the Public Authority for Civil Information in the name of the institution (in the absence of the civil number of the entity in the commercial / industrial license).
- Corporations:
- A copy of the Ministry of Commerce and Industry license (valid).
- The commercial register of the company’s data (except for professional and professional licenses).
- A recent extract (within six months) from the Ministry of Trade and Industry (except for professional and professional licenses).
- The visa form in the commercial registry in case there is any difference between the extract of the commercial register and the articles of incorporation and its amendments (example: company name, management, change in partners, capital ... etc.).
- The company's articles of incorporation, the articles of association of the joint-stock companies and the amendments (if any - the last amendment shown in the valid commercial license), and for the rest of the types of companies (the articles of incorporation and the amendments made to it).
- The approved official ID (civil card / passport) for each of (the owner, partners, general manager and authorized signatories), and for joint stock companies (Chairman of the Board of Directors, Vice Chairman of the Board of Directors, CEO, members of the Board of Directors and authorized signatories).
- Certificate of the Public Authority for Civil Information in the name of the company (in the absence of the civil number of the entity in the commercial / industrial license).
- Certificate from the Ministry of Commerce and Industry stating the Chairman and Vice-Chairman of the Board of Directors (for joint stock companies only).
- A certificate from the Ministry of Commerce and Industry stating the members of the Board of Directors (for joint stock companies only).
- To view the terms and conditions Click here.