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KASSIP

RTGS

Kuwait Automated Settlement System for Inter-Participant Payments - Kuwait's RTGS. Operated by CBK. Part of AFAQ (GCC cross-border RTGS) since March 2022.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether KASSIP is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for KASSIP.

ClearingPost holds sourced upcoming items for 16 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for KASSIP in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources ClearingPost reads Central Bank of Kuwait · Authoritative (T1) · 6 of 12 fields carry a source and a recorded date · latest sourced entry recorded 6 Aug 2026 · evidence details ↓

Record · KASSIP

Country
Kuwait (KW)
Currency
Kuwaiti Dinar (KWD)
Operator
CBK (Central Bank of Kuwait)
Type
RTGS
Operating Window
04:00–17:00 UTC · Daily
Year Established
2004
Daily Volume
High-value KWD transfers
Tier?
Tier 3
ISO 20022?
Native
Region
Middle East & Africa
Settlement Type?
Gross
Participants
Local banks, foreign bank branches, CBK, Maqasa (Kuwait Clearing Company)
Availability
7 days/week (extended to weekends & holidays Apr 2025)
Notes

Operating hours extended six times since May 2023; latest extension effective January 2025. Customer transfers via electronic banking channels close at 20:15, narrower than the system interbank window. Dedicated weekend and holiday settlement sessions also available.

Reference Sources
Central Bank of Kuwait
Authoritative (T1)Entry recorded Mar 11, 2026

Operations · KASSIP

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Intelligence for KASSIP (1)

Coverage whose headline or summary names KASSIP, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the KASSIP operator or external.