KUWAIT: Al-Ahli Bank of Kuwait (ABK) launches a new addition to its line of prepaid cards, the ABK Multi Currency Prepaid Freedom Card, in partnership with MasterCard. For the first time in Kuwait, ABK and Non-ABK customers will have the freedom to load up to 10 different currencies on a single prepaid card. The new ABK Multi Currency Prepaid Freedom Card is a monetary passport solution, which offers one card with 10 currencies giving customers total freedom to choose from any of the available currencies on the card such as Kuwaiti dinar, US dollar, British pound, euro, Emirati dirham, Saudi riyal, Qatari riyal, Bahraini dinar, Swiss francs and Canadian dollars.
The most prominent feature of the card is the ability to load funds in a number of foreign currencies at any time through our dedicated online portal, thus locking in exchange rates at the time of loading, and protecting against any fluctuations in future rates. ABK’s Prepaid Freedom Card provides its holder with many features and exclusive benefits such as complimentary travel insurance, instant discounts with ABK advantage, priceless Arabia offers from MasterCard, purchase and fraud protection and the MasterCard global assistance services. Stewart Lockie, GM Retail Banking stated: “ABK has maintained its leadership in the card market by consistently exceeding and anticipating the changing needs of our customers, and with the new ABK Multi Currency Prepaid Freedom Card, a product that is powered by MasterCard, we at ABK offer you the convenience and security to carry up to 10 currencies on one single card.
In addition, the card is protected by CHIP and PIN technologies, cardholders can access their funds with ease and without the risks associated with carrying cash money at more than 35 million merchant outlets and some 2 million ATMs worldwide.” “We are delighted to collaborate with ABK to launch the new ABK Multi Currency Prepaid Freedom Card, which is a first for the Kuwaiti market,” said Pankaj Kathuria, Area Head for Southern Gulf, MasterCard. “This prepaid solution will prove to be the perfect travel companion, as cardholders will be able to use their cards around the world with the safety, convenience and flexibility that MasterCard products offer. Consumers no longer need to worry about traveling with cash and will have enhanced control over their finances.” One card, ten currencies and total freedom. Travel smart with ABK’s Multi Currency Prepaid Freedom Card, and gain access to your funds from anywhere in the world with MasterCard(r), accepted at over 2 million ATM machines and 35 million other locations.
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