Exchange companies
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Exchange Companies Complain To Cbk Local Banks Refusal To Open Accounts13 November 2019Some financial institutions and exchange companies that buy and sell currencies in the local market have complained to the Central Bank of Kuwait (CBK) that the local banks refuse...Exchange Companies In Isolated Areas Stagnant11 June 2020Exchange companies witnessed in more than one area congestion with the end of the total ban period, the situation was different in the areas which were under isolation (Farwaniya,...Cbk Obligates Exchange Companies To Transfer Money Within 2 Days04 January 2022The Central Bank of Kuwait (CBK) has obligated exchange companies to carry out transfer operations of clients through correspondents abroad or through global electronic transfer ne...Exchange Companies Are Not Allowed To Deposit Cash At Banks08 February 2022Local banks have recently refused to accept deposit cash from exchange companies, leaving the latter unsure how to dispose of the cash collected at a time when banks have become st...