Arab Times, 2 February 2026: Kuwait’s central bank has tightened controls on cash transactions by sharply reducing the amount exchange companies may accept from customers each day.

The Central Bank of Kuwait lowered the maximum daily cash amount that exchange firms may accept from a customer to KD 1,000, down from the previous ceiling of KD 3,000. The restriction applies to all customer dealings, including foreign remittances and the buying or selling of currencies, and took effect as part of strengthened supervisory measures.

Under the directive, exchange companies are prohibited from accepting cash payments exceeding the new limit, or its equivalent in foreign currency, from any customer in a single day. The regulator clarified that the decision does not impose a cap on the overall value of transfers or currency transactions. Any amount above the KD 1,000 cash threshold must instead be settled through bank account deductions or other non‑cash payment methods approved by the central bank.

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