Kuwait has introduced new rules limiting the use of cash in many service industries, with payments above 10 Kuwaiti dinars now required to be made through electronic or banking channels. The decision was issued by the Ministry of Commerce and Industry under Minister Osama Budai, as part of efforts to improve financial transparency and regulate payment practices across the country. This ban applies to many businesses, including health institutions, men’s and women’s salons, children’s salons, sports clubs, as well as companies involved in pest and rodent control. It also includes activities related to import, export and storage of public health pesticides. Under the new regulation, any transaction exceeding 10 dinars must be processed through approved banking systems or electronic payment methods recognized by the Central Bank of Kuwait. Cash payment will be allowed only for the amount below this limit. Officials said the move aims to strengthen monitoring of financial transactions, reduce dependence on cash and encourage wider adoption of secure digital payment systems within regulated sectors. The decision is part of broader efforts to align business practices with financial regulations and improve accountability in day-to-day commercial transactions.
