Gulf Bank launches E-transfer service for shareholder cash dividends in cooperation with Kuwait Clearing Company

In an effort to facilitate services for its shareholders, Gulf Bank announced that it has signed an agreement with Kuwait Clearing Company (KCC) to enable the electronic transfers of cash dividend payments to the Bank’s shareholders. The E-transfer form is an optional service, shareholders can continue to receive dividend cheques from KCC if they prefer. 

Gulf Bank has completed all the necessary procedures and arrangements to provide this E-Transfer service for its shareholders and it will be in effect as of today. This new service allows for dividend payments to be automatically transferred into a shareholders account with Gulf Bank.   The form is available at any of Gulf Bank’s 56  branches and can also be printed from the KCC website at www.maqasa.com. Once the E-Transfer form is completed, signed, and submitted to Gulf Bank, the shareholder dividends will be processed and then deposited into the account with Gulf Bank..

For more information about this new service, shareholders can visit one of Gulf Bank’s 56 branches, call the Customer Contact Center on 1805805.