Kuwait’s Kuwait Finance House (KFH) has introduced a new service on its ATMs. The bank’s clients will be able to open an investment deposit without the need of visiting a local branch.
This step reflects KFH’s efforts to offer its clients unique, advanced services, which is part of KFH’s new strategy. Chief Operations Officer at Kuwait Finance House (KFH) Anwar Al-Ghaith explained that the requirements of using the new service are very simple. The client must have in any of his accounts the minimum amount of money needed to open an investment deposit .
Clients can use ATM machines in opening the deposit and in transferring the money from his account to the deposit without the need to go to the branch for any approvals or signatures. Profits begin once the process is complete. It is worth noting that KFH offers various kinds of deposits that have different minimum limits and time frames in investment. Those deposits can be in Kuwaiti dinar or other foreign currencies, and offer monthly, quarterly, half-yearly, and yearly returns.
Anwar Al-Ghaith added that KFH is keen to use advanced technology to offer better services to his clients. He noted that previous ATM services were highly applauded by clients, which prompted KFH staff to work to build on such success.
