Here’s a reworded version of that passageThe Central Bank of Kuwait has instructed banks to stop charging the two-dinar fee for not maintaining a minimum balance in accounts other than salary accounts.
Reports suggest that some banks have been deducting two dinars per month from dormant accounts if the balance falls below 100 dinars. Additionally, some banks charge the same fee for other types of accounts, such as prize money accounts or minor accounts, if the balance drops below a certain threshold. The Central Bank has now ordered all banks to discontinue this fee.
Furthermore, the Central Bank has directed banks to eliminate the five-dinar fee that some institutions previously charged for updating customer information at their branches.
