Kuwait takes bold action to modernize payments by banning cash transactions over KD 10. This new rule encourages digital banking and safer, traceable transactions across the country.
The Ministry of Commerce and Industry introduced Ministerial Decision No. 32 of 2026, which applies to healthcare providers, salons for men, women, and children, sports clubs, pest control firms, and businesses handling public health pesticides. From now on, all payments above KD 10 must go through banks or approved e-payment methods.
Article I clearly forbids cash payments over KD 10 when selling commodities, offering services, or signing contracts. Furthermore, Article II outlines strict penalties under Decree-Law 10/1979, including business closures and legal action for violators.
Officials explained that this approach increases financial transparency and reduces the risks of tax evasion. They also emphasized that businesses must upgrade their payment systems and train staff to comply efficiently.
The ministry highlighted that this regulation aligns Kuwait with international financial standards. Companies that adopt digital payments can operate faster and more securely. In addition, consumers will enjoy safer, convenient transactions.
Business leaders welcomed the initiative. They noted that limiting cash payments over KD 10 encourages modernization while reducing the hazards of handling large amounts of cash. Likewise, authorities will actively monitor compliance and provide guidance to support smooth implementation.
Kuwait’s decision marks a significant step in promoting digital transformation and financial security across key sectors, from healthcare to public services.
