10 Hrs
Source:
الراي
Online currency transfer cap set at 2500 dinars
Kuwaiti exchange companies have reduced the limit for online money transfers by 75%, with the maximum daily transfer amount now ranging between 2,500 and 3,000 dinars. This move aims to strengthen oversight of financial transactions and minimize the risks of fraud and money laundering. Additionally, they have implemented extra regulatory measures, such as requiring account statements and identity verification, to ensure that transactions are conducted by the legitimate account holder. These steps enhance the protection of funds and restrict the use of the applications in illegal activities. These measures are part of regulatory efforts to bolster financial security and combat unlawful operations.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)