Gulf Bank on Sunday launched its latest ‘No Fee Banking’ service which, it said, was created to give an exclusive deal to young Kuwaitis beginning their careers.

The special package of benefits, designed to reduce their initial banking costs, is available to fresh graduates as soon as they start their first job and start transferring their salaries to Gulf Bank.

The ‘No Fee Banking’ service not only exempts graduates from all transaction related charges on their accounts, it also provides them with a range of additional products and services, the bank said in a statement.

This package has been tailored to help them through the important, and often costly, transition from students to employees.

The initiative is part of Gulf Bank’s commitment to assisting young Kuwaitis, who become Gulf Bank customers, with their financial planning and initial stages of transition from students to income earning young adults.

Gulf Bank is committed to delivering enhanced services to all customers. Not only does the launch of the ‘No Fee Banking’ service provide great banking options, but it also encourages young professionals to proactively manage their finances, the statement added.-TradeArabia News Service