Tuesday, 25 April 2017

Cyprus

Branch History

In the Bank’s endeavor to facilitate the flow of trade between Jordan and other countries and aim to serve the needs of corporate and individual clients who have financial interests in Europe, JKB established Jordan Kuwait Bank – in the Republic of Cyprus on 31st May 2001 and commenced operations on 1st September and in early 2006, Cyprus branch became an onshore branch for Jordan Kuwait Bank under the new regulations related to Cyprus' entry into the European Union and adoption of the Euro. The main objective of this branch is to serve the Bank’s clients with regard to their foreign banking needs, as well as to serve international companies with regard to their commercial and trade relations with Jordan and the surrounding countries. Cyprus branch offers commercial and private banking services such as short & long term lending, deposit keeping, trade finance services, and investment activities to high-net-worth clients of JKB – Jordan (individuals & corporate) as well as placements and borrowing services provided to Jordan Kuwait Bank - Head Office and other international banks.

 

Services offered

Jordan Kuwait Bank - Cyprus Branch provides private and commercial banking services to individual and corporate customers.  

Our range of products and services include: Time deposits, current accounts, payment services, overdraft facilities, term loans, Credit cards, Safe deposit boxes, Project financing, Treasury and investment services, as well as trade finance services such as documentary credits, documentary collections and guarantees.

 

Ways to bank

Internet Banking (JKB Online)
Jordan Kuwait Bank offers its clients a free and exceptional service that enables clients to access their accounts 24 hours from any personal computer connected to the internet ensuring security and privacy. 

Banking via sms
Jordan Kuwait Bank offers its clients the ability to bank via SMS to obtain all information / notifications related to account transactions as soon as they occur and to view accounts’ balances, most recent transactions, or to transfer funds between personal accounts or to third party accounts at Jordan Kuwait Bank.

 

MFI ID
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union. The MFI ID of Jordan Kuwait Bank is: CY120020

 

Deposit Guarantee
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that become unable to meet its obligation.

All credit institutions operating in Cyprus are obliged to participate in Cypriot deposit guarantee scheme.

In the case of Jordan Kuwait Bank plc – Cyprus branch failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Maximum Protected Amount: 100,000 EUR

Paid in Currency: EUR

For additional information visit Deposit Guarantee Scheme in Cyprus

 

Useful links
Economy and Banking Sector of Cyprus
List of Banks in Cyprus 

 

Contact us:

Address: 319, 28th October Street, Kanika Business Center, 7th Floor, 3105 Limassol, Cyprus
P.O. Box: 54887, Limassol 3728, Cyprus.
Fax: +357-25-582339
E-mail: [email protected]

Office hours: from 08:00 till 15:30 Monday to Friday. The branch is closed on Saturdays and Sundays as well as on Cyprus official public holidays.