27 October 2023
Standard credit interest rates
Dear HSBC Kuwait Customers
Update of HSBC Kuwait Corporate Standard Tariffs and Charges.
Following a periodic review of our products and services, we have revisited our corporate standard tariffs and charges.
The changes will take effect from May 2026.
In compliance with the Central Bank of Kuwait's directives regarding combating unlicensed financial activities, we advise the use of caution when dealing with any entities or individuals not authorized to provide financial and banking services.
If you have any information or observations regarding unlicensed financial activities, please note that the Central Bank of Kuwait has designated a telephone number and email address for receiving such reports, as follows:
Thank you.
27 October 2023
Standard credit interest rates
Call deposit accounts standard credit interest rates
KWD | USD | GBP | Other currencies |
|---|---|---|---|
0.050% | 0.10% | 0.050% | Nil |
Term deposit standard credit interest rates
For KWD, please contact your relationship manager.
USD Term Deposit Amount - Standard Interest Rates
Term | |
|---|---|
1 week | 0.00% |
2 weeks | 0.00% |
1 month | 0.50% |
2 months | 0.50% |
3 months | 0.75% |
6 months | 1.00% |
8 months | 1.00% |
9 months | 1.00% |
12 months | 1.50% |
GBP Term Deposit Amount - Standard Interest Rates
Term | |
|---|---|
1 week | 0.00% |
2 weeks | 0.00% |
1 month | 0.00% |
2 months | 0.00% |
3 months | 0.00% |
6 months | 0.00% |
8 months | 0.00% |
9 months | 0.00% |
12 months | 0.00% |
Interest rates are per annum and apply to corporate accounts only..
All interest rates are subject to change.
Interest shall be calculated on the basis of a 365-day year for KWD and a 360-day year for USD.
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