Expats took bank loan from Kuwait need to submit receipts

Tuesday, September 27, 2016

Citizens and expatriates who obtained loans from various banks in Kuwait must submit receipts reflecting usage of the loan amount, local daily Al-Shahid daily reported quoting sources.

According to report, banks have instructed the customers to submit receipts and this will take effect from first of October. Banks will take legal action against those who will not comply, daily added.

Daily also added that the Credit Information Network (Ci-Net) will blacklist all those who will not submit the invoices.

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