Kuwait Court of Cassation principle number 520

Agreement to enter a debt secured by consensual security in the current account. Transfer of the security to secure the account balance upon its closure to the extent of the debt, without regard to any debt or payment entered in the account during its operation. The reason therefor. The current account is considered closed upon expiry of the period specified for its closure or before its expiry by agreement of the parties. Articles 394/1, 395, 399/1 of the Commercial Code. An example.