IBAN
Kuwait uses a 30-character IBAN for domestic and international transfers. The Central Bank of Kuwait (CBK) manages the financial system and the KNET payment network, which is the backbone of electronic payments in the country.
At a glance
Country
Kuwait
Identifier
IBAN
Format
30 characters
Used for
Domestic transfers
Format breakdown
KW
Country Code
1–2
ISO country code for Kuwait
81
Check Digits
3–4
IBAN checksum validation
CBKU
Bank Code
5–8
Bank identifier (4 chars)
0000000000001234560101
Account Number
9–30
Customer account number
How it works
The Kuwaiti IBAN starts with "KW" followed by 2 check digits and a 26-character BBAN consisting of a 4-character bank code and a 22-character account number. KASSIP provides real-time gross settlement, while KNET handles retail card and electronic payments.
Where to find yours
In your online banking app, on bank statements, or by visiting your bank branch. Most Kuwaiti banks display IBANs prominently in their mobile apps.
Payment systems in Kuwait
| System | Speed | Description |
|---|---|---|
| KASSIP | Real-time | Kuwait Automated Settlement System for Inter-participant Payments — RTGS operated by CBK |
| KNET | Instant | Kuwait's shared electronic banking network for card payments, ATMs, and online transactions |
| ACH Kuwait | Same day | Automated clearing house for batch salary payments and bill processing |
Major banks in Kuwait
Good to know
NBK is the largest bank in Kuwait and one of the most profitable in the region.
KNET is universally used in Kuwait — virtually all merchants accept KNET card payments.
Kuwait uses the Kuwaiti Dinar (KWD), the highest-valued currency unit in the world.
Related tools
Other countries
Frequently asked questions
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