Remitting Money To People With Whom You Have No Relationship Is Illegal

Citizens and expats in Kuwait are warned not to remit money to individuals or entities outside the country who have no relationship with them. Such actions are considered illegal and will carry criminal penalties.

Kuwait has taken this measure as part of its fight against money laundering, funding of terror activities, as well as curbing extortion, begging, and the funding of illegal charities. 

The ministry stated that transfer of money using electronic or banking methods to an unreliable party or one with whom you are unfamiliar comes into the circle of suspicion and carries the risk of legal repercussions.

 

 

 

SOURCE  ARABTIMES

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