Mubasher: Kuwait Finance House (KFH) announced the launch of the mobile cheque deposit service to customers, the first of its kind in Kuwait, in collaboration with software development company ProgressSoft.
The new service allows customers to deposit cheques quickly, efficiently and securely to their accounts through KFH Online application, the KFH said in a statement on Wednesday.
Customers will not be required to visit a branch to deposit cheques as the funds will be directly deposited into their accounts via KFH Online mobile application.
This service is part of KFH’s efforts to achieve digital transformation by launching multiple digital services, including instant remittance service using Ripplenet network, Skiplino service, cardless cash withdrawals using QR code, ID, or mobile number, KFH Xpress, KFH Pay service for electronic payments, and Chatbot, in addition to opening three KFH-Go branches.
