Al-Tijari Multicurrency Prepaid MasterCard 

Now, Al Tijari is offering a one of a kind Multi-Currency Prepaid MasterCard that allows customers to benefit from secured locked-in exchange rates in 10 different currencies controlled at the palm of your hands without having to carry multiple cards or cash in different currencies.  The reloadable Prepaid MasterCard is designed for frequent travelers, online shoppers and students studying abroad making transactions more convenient and easy.

Customers can choose from a variety of foreign currencies on their online banking and benefit from secured exchange rates as well as avoiding markup fees.


Who is it for?

Al-Tijari Customers who are frequent travelers, online shoppers or students


Features & Benefits

  • Secured locked-in exchange rates
  • Easy and fast reload
  • Safe and Secure
  • Worldwide Acceptance Payments
  • A convenient way of banking
  • Choice of currencies to activate online
  • Cash withdrawal across local and international ATMs


What are the available Foreign Currencies?

AUD , USD, CAD, EUR, JPY, GBP, CHF, NOK, SEK, DKK and more to come in nearby future. 

CBK Mobile App Steps

How to Open a Foreign Currency Wallet?

1. Login/register to CBK Mobile App.
2. Select your “Prepaid MasterCard” located under “Credit Cards”*
3. Select “Manage Multi-Currency ” tab to add your preferred currency
4. Select “Add New Currency” & choose currency
5. Fill the required fields & proceed
6. Enter the received OTP number for verification & confirmation

*Ensure your prepaid card is funded prior opening a foreign currency with a minimum initial deposit of KD 20 (equivalent in foreign currency).

How to top-up  into the Foreign Currency Wallet?

1. Login/register to CBK Mobile App.
2. Select your “Prepaid MasterCard” located under “Credit Cards”*
3. Select “Manage Multi-Currency ” tab to add your preferred currency
4. Select “Top-up”
5. Fill the required fields & proceed
6. Enter the received OTP number for verification & confirmation

How to Unload from the Foreign Currency Wallet to the Prepaid MasterCard?

1. Login/register to CBK Mobile App.
2. Select your “Prepaid MasterCard” located under “Credit Cards”*
3. Select “Manage Multi-Currency ” tab to add your preferred currency
4. Select “Unload”
5. Fill the required fields & proceed
6. Enter the received OTP number for verification & confirmation

How to view foreign currency history statement? 

1. Login/register to CBK Mobile App.
2. Select your “Prepaid MasterCard” located under “Credit Cards”*
3. Select “Manage Multi-Currency ” tab to add your preferred currency
4. Select “History”
5. Fill the required field of the currency and date range
6. Enter the received OTP number for verification & confirmation

Internet Banking /Online Steps:


How to Open a Foreign Currency Wallet?

1. Login/register to CBK Online Banking
2. Select your “Prepaid MasterCard” located under “Credit Cards”*
3. Click “Manage” tab to add your preferred currency
4. Select Multi-Currency Wallet
5. Select “Add New” & choose currency
6. Fill the required fields & proceed
7. Enter the received OTP number for verification & confirmation

*Ensure your prepaid card is funded prior opening a foreign currency with a minimum initial deposit of KD 20 (equivalent in foreign currency).


How to Load into the Foreign Currency Wallet?

1. Log into CBK Online Banking
2. Select your “Prepaid MasterCard” located under “Credit Cards”
3. Click “Manage” tab
4. Select Multi-Currency Wallet
5. Select “Top-up” located next to currency
6. Enter amount field & proceed
7. Enter the received OTP number for verification & confirmation


How to Unload from the Foreign Currency Wallet to the Prepaid MasterCard?

1. Log into CBK Online Banking
2. Select your “Prepaid MasterCard” located under “Credit Cards”
3. Click “Manage Card Attachments” tab
4. Select Multi-Currency Wallet
5. Select “Unload” located next to currency
6. Enter the amount field & proceed
7. Enter the received OTP number for verification & confirmation



Fees & Charges

  • Prepaid MasterCard Issuance fees: KD 10/-
  • Prepaid MasterCard Renewal fees: KD 10/-

*Prepaid MasterCard Terms and Conditions applies, to know more Click here!


FAQs

1. Who can open a Multi-Currency Wallet?
All CBK Customers

2. Do I have to have a Prepaid MasterCard before opening Foreign Currency Wallets?
Yes.

3. How can I open a Multi-Currency Wallet?

You will first need to login/register to CBK Mobile App or CBK Online Banking and follow the steps:

CBK Mobile App Steps:

  • Login/register to CBK Mobile App.
  • Select your “Prepaid MasterCard” located under “Credit Cards”*
  • Select “Manage Multi-Currency ” tab to add your preferred currency
  • Select “Add New Currency” & choose currency
  • Fill the required fields & proceed
  • Enter the received OTP number for verification & confirmation




*Ensure your prepaid card is funded prior opening a foreign currency with a minimum initial deposit of KD 20 (equivalent in foreign currency).

Internet Banking /Online Steps:

  • Select your “Prepaid MasterCard “card located under “Credit Cards”
  • Select “Manage” tab
  • Select Multi-Currency Wallet
  • Click on “Add New” & select currency
  • Fill the required fields & proceed (A min. initial deposit of KD 20 top up equivalent to foreign currency)
  • Enter the received OTP number for verification & confirmation

4. Is there a minimum initial deposit for Foreign Currency?
Yes, you must load an initial minimum deposit of KD 20 equivalent in foreign currency

5. How many multi-currency wallets can I open through my CBK Online Banking?
You can select from 10 different foreign currencies, of which are: USD, AUD, CAD, EUR, JPY, GBP, CHF, NOK, SEK and DKK and more to come in the near future.

6. What is the Multi-Currency process when making a payment transaction?
Once you have opted and loaded your denominated Multi-Currency wallet, you can conduct any local or international transaction whether it be online or in-store POS or even cash withdrawal from any ATM machines that accepts MasterCard when using your Prepaid MasterCard, as long as there is sufficient fund in the wallet, the amount will automatically be deducted from the wallet of the of the authorized currency.

7. If there is no sufficient balance in the wallet, but available on the KWD Prepaid MasterCard, would the transaction still proceed?
Yes, the amount will be deducted from the KWD Prepaid MasterCard applying the normal markup rate of 2.5% as well as the banks exchange rate.

8. Will I be charged additional fees & charges for Cash withdrawal?
Yes, you will be charged 0.500 fills on Non-CBK ATMs.

9. Am I able to unload my Foreign Currency wallet balance back to my Prepaid MasterCard?
Yes, you can unload any wallet and amount will be credited back into your MasterCard Prepaid, only exchange rates will be applied.

10. How can I view my Foreign Currency wallet statement?
You can view your statement via CBK Mobile App and CBK online.

11. What happens if my Prepaid MasterCard expires, will I still be able to use my wallet?
No, you must renew your Prepaid MasterCard in order to continue using your foreign currency wallet.

12. Can I transfer between my wallets?
No, you must first transfer back to your KWD Prepaid MasterCard card & then into the selected foreign currency handling all related fees and charges.

13. What is the maximum load for the Foreign Currency Wallet?
There is no maximum load but the foreign currency wallet pool should not exceed KWD 30,000/- or equivalent in foreign currency.

Assistant & Support

For further assistance and support, kindly contact us using any of the following channels:

  • Al-Tijari Live Video Banking or WebChat through the Mobile Application or by visiting www.cbk.com
  • Al-Tijari WhatsApp 50888225
  • Al-Tijari Contact Centre 1888225


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