Kuwait restricts banking services for persons with revoked citizenship

The Central Agency for Illegal Residents has instructed banks to limit financial transactions for those holding civil ID cards marked as ‘Kuwaiti transactions’, allowing only withdrawals and deposits from their accounts.

According to informed sources, the agency communicated this directive to the Central Bank of Kuwait in response to inquiries on how to handle cases involving individuals whose Kuwaiti citizenship has been revoked, reports Al-Rai daily.

Under the new guidelines, holders of such civil ID cards are prohibited from conducting any banking activities beyond basic withdrawals and deposits unless their legal status is adjusted and residency is granted.

Moreover, persons holding Central Bank cards marked for “treatment and education only” may not conduct any banking transactions unless a formal request is submitted and approved to lift the restriction — after which they may also be limited to withdrawals and deposits only.