National Bank of Kuwait (NBK) has launched RippleNet-reliant NBK Direct Remit service. The bank has announced that the service is offered to all NBK customers who have access to NBK Online Banking.

As reported, the tool will allow customers enjoy a secure and reliable remittance service. It is also claimed to be more affordable and faster. Moreover, the online banking services will be available 24/7, easing transfers from anywhere and anytime.

Currently, the financial service allows transfers to Jordan. However, the bank is planning to extend its reach to other countries and add more services to its offerings. The bank has announced that direct remittances to NBK Jordan will be charges KD 1 per transaction, while direct remittances to other banks in Jordan will be charged KD 5 per transaction.