Kuwait sets a cash limit of 10 dinars in 6 service sectors/Photo: Getty Images
Kuwait has introduced new rules limiting the use of cash in several service industries, with payments in excess of 10 Kuwaiti dinars now having to be made via electronic or banking channels. This decision was issued by the Ministry of Trade and Industry, headed by Minister Osama Boodai, as part of efforts to improve financial transparency and regulate payment practices throughout the country. The restriction applies to a group of businesses, including health institutes, men’s and women’s salons, children’s salons, and sports clubs, in addition to companies working in the field of pest and rodent control. It also covers activities associated with the import, export and storage of public health pesticides. Under the new regulations, any transaction exceeding 10 dinars must be carried out through approved banking systems or electronic payment methods recognized by the Central Bank of Kuwait. Cash payments will only be allowed for amounts below this limit. The authorities said that this step aims to strengthen oversight of financial transactions, reduce reliance on cash, and encourage wider adoption of secure digital payment systems within regulated sectors. The decision forms part of broader efforts to align business practices with financial systems and improve accountability in everyday business transactions.