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Kuwait Bank Settlement System to Operate on Weekends and Holidays   Kuwait City, 17th March 2025: Kuwait Bank Settlement System to Operate on Weekends and Holidays Starting April 2025. In a move aimed at enhancing the efficiency and sustainability of the country's financial sector, the Central Bank of Kuwait (CBK) has announced that Kuwait's banking systems, specifically the Automated Settlement System for Inter-Participant Payments (KASSIP) and the Kuwait Electronic Cheque Clearing System (KECCS), will operate on weekends and official holidays starting in early April. The Importance of the New Banking System Hours The CBK's new circular ensures that both KASSIP and KECCS will remain functional throughout the weekend and on holidays, offering greater flexibility for businesses and individuals who rely on seamless financial transactions. This shift aligns with the CBK’s vision to elevate the quality of services provided by Kuwait's banking sector, contributing …