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    Saturday,July 12,2014

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  • Market Indices
    Price: 98010
    Open: 970High: 980
    Low: 970Close: 980
    Volume: 952,592
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 180,994,538
    • Top Gainers

      Company Chg. % Cur. Price
      URC10110
      ALDEERA8.6231.50
      HCC7.69140
      IFA7.4158
      TIJARA6.0670
      ARKAN5126
      AAYAN4.6967
      ARZAN4.6967
      SECH4.4171
      MADAR4.4047.50
    • Top Losers
      Company Chg. % Cur. Price
      PEARL-7.5018.50
      AUB-7.44226.184006
      UIC-6.67112
      RKWC-6.56114
      TAHSSILAT-5.9763
      SAFTEC-5.2654
      IFAHR-5.05188
      CATTL-4.39218
      PAPER-3.77255
      MARAKEZ-3.6639.50
    • By Volume
      Company Volume Price
      GFH`R19,064,25139
      ALDEERA`R16,044,37531.50
      ALMADINA`R12,531,90343.50
      IFA`R10,250,23758
      ALMUDON`R9,164,06780
      EKTTITAB`R7,981,77148
      SECH`R6,546,77371
      SENERGY`R5,336,96636
      SALBOOKH`R4,816,51072
      ITHMR`R4,789,83043
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Frequently Asked Questions

 What is an International Bank Account Number (IBAN)?

 An IBAN is simply your existing account number in a format/structure that makes it internationally recognizable.

Who will use IBAN?

Anyone making or receiving payments within Kuwait, whether personal or business will have to include the IBAN in the payment instructions.

When do I use an IBAN?

- Transfers between banks operating in the State of Kuwait.
- Transfers received from banks outside the State of Kuwait favoring bank accounts of banks operating in the State of Kuwait.
- Transfers issued by banks operating in the State of Kuwait to bank accounts outside the State of Kuwait in countries that apply IBAN system.
- International standing orders to countries that apply the IBAN system.
- New local Standing Orders after the 1st of January.

When I don’t use an IBAN?

- Inter-account transfers in other words transfers between my NBK accounts.
- Transfer between customers within NBK.
- Credit Card payments.
- Transfers to countries that do not use IBAN concept.
- Local Standing Orders already existing before the 1st of January.

Why do I need an IBAN?

It is a simple, standard way to identify account details and helps to speed up payments between bank accounts.

What should I do if the company I want to pay did not give me their IBAN?

If the company hasn’t printed their IBAN on their invoice, you should ask for them. You should advise the company that payment could be rejected.

How can I obtain my IBAN number?

NBK customers can obtain their IBANs in the following ways:

- Through NBK Online Banking and WOLC
- By speaking to one of our Call Center agents – 1801801
- Printed on statements
- Visiting one of our branches
- or click here to generate NBK IBAN



Does IBAN apply to currencies or to countries?

The use of IBANs is country specific and not currency specific for example payments made to the following countries are mandatory :

- Jordan (effective 2/2/2014)
- Lebanon
- Saudi Arabia
- United Arab Emirates
- Palestine
- Bahrain
- Pakistan
- Qatar

And more will be added soon based on the rules and regulations of the Central Bank.

 

 

 

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