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A Kuwait corporate bank account is an ideal way to support companies operating both in Kuwait and the wider Gulf region. Many of the major international banks have branches in Kuwait City, through which a Kuwait corporate bank account is available. Healy Consultants is one of the few corporate service providers who can open a Kuwait corporate bank account for clients, without the client having to visit Kuwait. |
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| 1. | Kuwait's banking sector is not as sophisticated as those in traditional Gulf financial centres such as Dubai or Bahrain, though a Kuwait corporate bank account provides ample support to companies operating in local markets. |
| 2. | A Kuwait corporate bank account offers a full range of conventional banking products and services for businessmen, including investment products, financing products and services, trade and credit facilities, remittances, bank guarantee facilities and vendor financing. |
| 3. | A Kuwait corporate bank account offers medium and long-term loans for capital investment and other long-term financing products for corporations. |
| 4. | A Kuwait corporate bank account is available with full Internet banking facilities. |
| 5. | There are no restrictions on foreign (i e non-Kuwaiti) firms opening a Kuwait corporate bank account. |
| 6. | Healy Consultants' clients do not need to travel to Kuwait to open a Kuwait corporate bank account. Our officers in Kuwait will handle the Kuwait corporate bank account opening formalities on your behalf. |
Healy Consultants Fees to help open a Kuwait Corporate Bank Account |
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Our fee to assist you to open a Kuwait corporate bank account amounts to US$2,200. This fee includes: |
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| 1. | Healy Consultants international banking team completing the Kuwait corporate bank account application form on behalf of our client, and obtaining our client’s signature. |
| 2. | Healy Consultants' international banking team preparing a detailed business plan relating to our client's company to support the Kuwait corporate bank account application. The business plan provides details of the company's activities, products and services offered, details of the company's suppliers and some information on its clients and intended markets. |
| 3. | Healy Consultants international banking team submitting the Kuwait corporate bank account application form and business plan to the bank, together with the corporate and personal information outlined above. |
| 4. | Healy Consultants' local officer attending a bank interview in Kuwait on your behalf, describing your global business activities and explaining why you require a Kuwait corporate bank account. As described above, Healy Consultants can open a Kuwait corporate bank account without the bank signatory and beneficial owners’ presence. |
| 5. | Paying the initial bank deposit to the Kuwait bank on our client's behalf. A scanned copy of the bank deposit slip is emailed to our client as verification of the same. |
| 6. | On behalf of our client, Healy Consultants applies for corporate internet banking facilities to accompany the Kuwait corporate bank account. |
| 7. | On behalf of our client, Healy Consultants applies for a credit card, ATM card and cheque book to accompany the Kuwait corporate bank account. |
| 8. | Healy Consultants international banking team receiving approval from Kuwait for the opening of the Kuwait corporate bank account. |
| 9. | Healy Consultants receiving the Kuwait corporate bank account internet login and password information in a sealed letter that is passed directly to our client. |
| 10. | Healy Consultants receiving a corporate cheque book in a sealed letter that is passed directly to our client. |
| 11. | Healy Consultants receiving credit and ATM cards in a sealed letter that is passed directly to our client. |
| Please note that our fee to open a Kuwait corporate bank account does not include the initial deposit required by the bank. | |
| Contact Us | |
For more information on our Kuwait corporate bank account services, email email@healyconsultants.com or telephone us at (+65) 6735 0120. |
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