Preventing the transfer of car ownership except by bank transfer, certified check, or cash receipt

The Assistant Undersecretary for the Traffic Sector, Major General Jamal Al-Sayegh, issued a decision not to transfer the ownership of a vehicle until after verifying how the amount was paid, provided that a copy of the check, the amount receipt, or a bank transfer certificate should be attached to the transaction.Join our telegram group to know the latest news in Kuwait https://t.me/kuwaitoffe

The source in the “Interior” stated that “the decision came to curb money laundering operations that take place through the sale of luxury vehicles in recent times, and the purchase of vehicles through cash.”

The source concluded, “Such a decision will deter those who carry out suspicious operations through the amounts that are paid in cash, the source of which is unknown.”

source: https://www.alraimedia.com/article/1554069

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