KUWAIT CUSTOMS LAUNCHES ELECTRONIC FUND DISCLOSURE SYSTEM

  • 09/10/2021

Kuwait City: The General Administration of Customs has set up an electronic fund disclosure system. According to Rule 106 of the Anti-Money Laundering and Terrorist Financing Act, 2013, a person entering and leaving Kuwait through various ports in Kuwait must disclose to Customs at the outset of the application the details of the currencies and financial transactions they intend to transfer inside or outside Kuwait.  


This applies when the person transfers 3000 Kuwaiti Dinars or any equivalent currency to the Postal Service or Shipping Service.

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