Jordan Kuwait Bank maintains a network of the best correspondent banks in the world, the aim of which is to ensure both speed and accuracy when sending and receiving money transfers through advanced and secure equipment and systems. Received transfers are automatically credited to the beneficiaries' accounts.
The International Bank Account Number (IBAN) is an internationally agreed standard used to identify bank accounts worldwide to facilitate faster payment processing.
Effective 16/09/2009 all customers in Cyprus have to use their IBAN for all inward and outward transfers and standing order payments, otherwise they will not be accepted. The electronic format of IBAN in Cyprus is made up of 28 consecutive alphanumeric characters.
Customers are required to provide their IBANs to all parties from whom they will receive payments such as their employers and employees for salary transfers, standing orders and/or other transfers.
For more information please call us at +357 25 87 55 55.