KWD – Kuwaiti Dinar
The payment processing of this currency is considered to be relatively standardised.
- Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency accepts three decimal places.
Payments in KWD toward Kuwait
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The beneficiary’s physical full address is recommended.
Moreover, it is recommended as well to provide the beneficiary’s telephone number in the remittance information.
Payments in KWD outside Kuwait
The IBAN format is mandatory (see Appendix VI).
- Instructions, technical guidelines & more
To consult the Technical Guidelines of this currency, click hereTECHNICAL GUIDELINES
To consult the Appendix(es) click hereAppendix VI: IBAN Application Rules
- Additional information
• Available charge options: OUR/SHA/BEN
• Central Bank of Kuwait: http://new.cbk.gov.kw/en/