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CBK instructs KNet to impose fines of KD1 to KD 20 on banks
The Central Bank of Kuwait has instructed the automated banking services company “KNet” to implement a penalty system for banks that experience technical failures in processing customer payments through the WAMD payment system, launched in 2024. According to informed sources, a fine ranging from KD 1 to KD 20 will…
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Click here to read the full story: Arab Times Online