CBK urges public to report illegal money transfers, financing services

The Central Bank of Kuwait has urged the public to report any information regarding individuals or entities engaging in unlicensed financial activities.

The bank warned that such practices could endanger personal funds, threaten the stability of the national economy, and expose customers to financial risks.

Unlicensed activities include conducting money transfers, offering financial financing, or providing electronic payment services without a valid license issued by the Central Bank, reports Al-Jarida daily.

The Central Bank encouraged citizens and residents to report any suspicious activities through its official channels by calling 22972999 or emailing Unlicensed@cbk.gov.kw.