Kuwait International Bank installs new multi-currency ATM

Kuwait International Bank unveils new service
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By Shilpa Annie Joseph, Official Reporter
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Kuwait International Bank (KIB) announced that it has installed a new multi-currency ATM at the Kuwait International Airport, as part of efforts to continue providing a seamless, comprehensive, and distinctive banking experience for its customers.

This move is in line with the Bank’s integrated strategy aimed at strengthening the ATM network using the latest technology. It also stems from KIB’s commitment to continue developing its services and products to meet all customer needs as a “Bank for Life.”

Commenting on the initiative, Mr. Ahmad Abdullah Alanazi, Assistant Manager ATMs, Retail Banking at KIB, said that, “We are currently witnessing fast-moving transitions and successive developments in the banking market with every passing second. This pushes us to continuously renew the definition of a convenient and easy banking experience. Committing to our motto and main vision ‘Bank for Life,’ we continue to monitor and keep abreast of all new technologies that we believe can contribute, directly or indirectly, to enhancing our customers’ banking experience and ensuring the quality of services suited to their modern lifestyle. KIB’s multi-currency ATM is located at Jazeera Airways Terminal 5 (T5).”

The new ATM will allow cash withdrawal in four different major currencies and they are the UAE dirham, the Kuwaiti dinar, the US dollar, and the British pound, without the need to visit any of the Bank’s branches.

As per the statement, “KIB customers can still benefit from its network of ATMs available all around the country to complete all basic banking operations, such as cash withdrawals and deposits, transfer of funds between accounts, PIN management, and cardless withdrawals using their civil ID and mobile phone number.”

This is in addition to a range of other services that include credit card payments, activating new cards, subscribing to the SMS banking service, redeeming KIB points for cashback rewards, and refilling KIB prepaid cards.

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