Designed for individuals (Non Kuwaiti’s) and can only be opened through Sabhan branch.
Terms & Conditions
The credit balance in this account is deemed a Qarad Hassan (Profit-free) finance from the customer to the bank payable upon the customer request. No profits are payable to this account not are losses charged thereto.
The account shall be operated by the account holder (customer), or his representative, legal deputy or attorney.
The termination of the capacity of the person who operates the account may not be relied upon unless the bank has received a written advice to that effect.
The customer declares that he is the beneficiary of the account opened in his name.
It is agreed to consider the account dormant if no debit or credit transaction was performed by the customer or the authorized party for a period of 12 months.
It is agreed to close the Al Amil account if no salary credit transaction was performed for a period of three consistent months. If there was any available balance in the account the bank will apply the standard terms, conditions and procedures.
Free Al Amil K-Net Debit Cards and PIN can be used only through K-NET machines.
No minimum balance is required.
Al Amil Account cannot be used for granting any credit facilities or Credit cards
The Arabic version of these terms and conditions shall prevail in the event of any dispute in interpretation and application of the English version.
Any dispute that may arise in this regard shall be subject in the provisions of the Kuwaiti law and to the jurisdiction of the Kuwaiti courts of the Capital Governorate of the state of Kuwait.
The Bank shall be entitled to set aside all amounts transferred to the customer account in event such transfer involves suspicious money laundering operations upon the bank own discretion and without any liability on the part of the bank.
Original valid Civil ID
Account Opening Forms to be filled and signed by Al Amil account holder.
ATM card application form to be filled and signed by account holder.
Know Your Customer "KYC", Foreign Account Tax Compliance Act. "FATCA", and Common Reporting Standard "CRS" Forms to be filled and signed by account holder