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Kuwait Finance House to suspend ATM cards for clients failing to update data

Kuwait Finance House (KFH) has set 19 January 2014 as the deadline for its banking clients to update their data, failing which it will suspend ATM cards.

The data update is part of KFH strategy to comply with the country’s financial regulators, it said in a statement.

Furthermore, the bank said that ATM cards will be automatically re-activated when clients update their data in any of KFH’s branches.

"Clients can update their data in two weeks from now to ensure the continuity of their banking services of which; withdrawal, POS, electronic payment through K-Net in Kuwait only," the bank said.

Clients who are living abroad can update their data by printing, filling, and sending the form along with a copy of the civil ID to Kuwait Finance House, Branches Department.

KFH manages its operations across the GCC, Asia, and Europe through over 310 branches.