Banking Electronic Transfer Coordinator salary in Kuwait

Average Yearly Salary of Banking Electronic Transfer Coordinator in Kuwait is approximately 32,993 KWD (11,078 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Banking Electronic Transfer Coordinator do?

A banking electronic transfer coordinator is responsible for overseeing and facilitating the electronic transfer of funds between financial institutions. They ensure that all transactions are processed accurately, efficiently, and securely. This occupation involves coordinating with various stakeholders, such as customers, banks, and third-party service providers, to facilitate smooth and timely fund transfers. The coordinator verifies the authenticity of the transaction, monitors its progress, and resolves any issues or discrepancies that may arise during the process. They also maintain accurate records of all transactions and ensure compliance with relevant regulations and policies.

Skills: Banking, Electronic transfer, Coordinator, Financial institutions, Fund transfers, Compliance.
Job industry: Finance

How much does Banking Electronic Transfer Coordinator make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Banking Electronic Transfer Coordinator a well paid job?

Yes, our data show that Banking Electronic Transfer Coordinator is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Banking Electronic Transfer Coordinator?

High salary for Banking Electronic Transfer Coordinator would be somewhere between 36,292 KWD and 47,840 KWD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banking Electronic Transfer Coordinator in Kuwait?

Living in Kuwait the approximate monthly expenses are: 1,600 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 32,993 KWD
Estimated Monthly Salary: 2,749 KWD
Estimated Weekly Salary: 634 KWD per week
Estimated Hourly Salary: 16 KWD per hour
Our data indicates that by working as Banking Electronic Transfer Coordinator you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Kuwait, see costs of living in Kuwait.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Iraq.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banking Electronic Transfer Coordinator

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Kuwait

Data as of 2025

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