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KUWAIT: Warba Bank is keen to prompt transparency in the communication with the customers in order to domain their interests and keep them aware of the banking transactions latest decisions., Warba bank, the fastest growing bank which provides a series of banking and investment services compatible with Islamic Sharia according to local and international levels, announced that it will not receive nor pass any checks in Kuwaiti Dinars that is not compatible with the Central Bank's regulations that is correspondent with the security standards.

Warba Bank explained further, that customers will be invited to Warba branches in order to receive the new checks, and that none of the branches will accept any checks that is not compatible with the Central Bank's regulations that is correspondent with the security standards.

Warba Bank assured that it will fully comply with the new checks instructions conformity to Kuwait's system for clearing Electronic Checks standard and reducing the period of old check collection to three days to some cases, yet collect other cases on the same day or the next working day.

The checks include security standards i.e. the magnetic ink line to avoid writing or signing on the bottom of the check. The checks should be kept in good condition and not to be folded, destroyed, stapled nor torn. Avoid keeping checks in places exposed to the sun or warm places, which may cause damage to the checks and thus will become unacceptable by the competent authorities. On the other hand, the customer need to make sure that the financial value required is available before issuing checks, since bounced checks could lead to criminal prosecution.

Warba Bank is also keen to inform its customers about the latest developments related to banking operations that is issued by the Central Bank of Kuwait in order to always be on the safe side due to the banking sector official instructions to ensure security and confidence to the customers' dealings to prevent any undesirable actions.

Warba Bank was established pursuant to Amiri decree and officially registered as an Islamic bank by the Kuwaiti central bank on 5 April, 2010. It offers a bundle of comprehensive integrated services and banking solutions that comply with the Islamic sharia jurisdiction, and such services are offered through three groups or services, namely, the Banking Group, the Company Financing Group and the Investment and Treasury Group. The bank has eight branches in strategic locations with over 300 employees working under its umbrella.