Circular: Salary Payments
As mandated by Central Bank of Kuwait, as of 1st of November 2015 the IBAN
number usage is made obligatory for all financial instructions (Transfers & Salaries)
Accordingly, ABK will not be able to process any of your local transfers requests
that are not IBAN compliant.
Validate IBAN (Kuwait Only)
Generate IBAN (ABK Customers Only)
IBAN Format
e.g. : KW53ABKK0000000000603999999001
|
Country Code
|
KW
|
|
Check Digits
|
XX
|
|
Bank Code
|
ABKK
|
|
Leading Zeros
|
000000000
|
|
Account number
|
06XXXXXXXXXXX
|
- The Fixed length of IBAN in the State of Kuwait is 30 characters.
- The "Country Code" enables recognition of the country in which the IBAN was issued.
- The "Check Digits" are used to perform the mathematical validation of the IBAN.
- The "Bank Code" identifies the bank where the account is maintained.
- The "Basic Account Number" is the existing bank account number proceded by zeros,
to achieve the required length for the account number