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RAKBANK Business Banking Current account

RAKBANK Business Banking Current account

RAKBANK

MINIMUM BALANCE

AED 25000.00

  • Cheque Book
  • Dedicated Relationship Manager
  • Earn attractive interest
  • Accounts denominated in Dirham*, US Dollar, GBP & Euro
  • Unlimited Cheque book facility
  • Competitive rate of interest on Fixed Deposits
  • Dedicated Relationship Manager

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.25 %

Minimum Balance

AED 25000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 50.00

Features

  • Dedicated Relationship Manager
  • Earn attractive interest on our Business Current Account
  • Accounts denominated in Dirham
  • , US Dollar, Pound Sterling or Euro
  • Monthly current account statements detailing all transactions
  • Access to our array of business financing products
  • Unlimited Cheque book facility
  • Attractive Foreign Exchange and Trade Finance rates
  • Competitive rate of interest on Fixed Deposits
  • 24 hour Phone banking service
APPLY NOW
RAKBANK Current Account

RAKBANK Current Account

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • You can choose the currency for your Current Account
  • Get a Cheque book for AED account
  • Free Debit Card

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

Nil

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKBANK’s Current Bank Account with a low minimum balance, and a choice of local and international currencies, makes it an attractive option.
  • Dirham, US Dollar, Euro or Pound Sterling – you choose the currency for your Current Account. Other currencies may be approved upon request
  • Get a Cheque book for AED account
  • FREE Debit Card, which gives you 24/7 global access through any MasterCard ATM
  • Monthly current account statements detailing all transactions
APPLY NOW
RAKBANK Fast Saver account

RAKBANK Fast Saver account

RAKBANK
  • Debit Card
  • Enjoy interest rates of up to 1.00% p.a.
  • No minimum Account Balance or Account Maintenance Charges
  • AED or USD Online Savings Accounts

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

1.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Enjoy interest rates of up to 1.00% p.a. (Effective 10th Aug 2020: 0.50% p.a.) for AED and up to 0.60% p.a. (Effective 10th Aug 2020: 0.25% p.a.) for USD at your F@st S@ver savings account in UAE
  • 1 withdrawal and/or 5 Utility
  • / RAKBANK Credit Card payments allowed per month
  • No minimum Account Balance or Account Maintenance Charges
  • No cap on maximum account balance on which interest can be earned for AED F@st S@ver Accounts
  • AED or USD Online Savings Accounts – you decide
  • Interest for your Savings Account calculated every day, paid every month
APPLY NOW
RAKBANK Gold account

RAKBANK Gold account

RAKBANK
  • Buy gold digitally anytime at your convenience
  • Option to save in grams, starting from 1 gm
  • Buy / Sell anytime through RAKBANK Digital Banking
  • Redeem for physical gold at select RAKBANK branches

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

Nil

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Buy gold digitally anytime at your convenience at a competitive price using RAKBANK Gold Account
  • Option to save in grams, starting from 1 gm
  • Buy / Sell anytime through RAKBANK Digital Banking
  • Redeem for physical gold at select RAKBANK branches
  • Save regularly through monthly Standing Order set up
  • Enjoy capital gains when there is an appreciation in gold price
APPLY NOW
RAKBANK Payroll account

RAKBANK Payroll account

RAKBANK
  • Cheque Book
  • Internet Banking
  • Current account with no minimum balance requirement
  • Free for life Credit Card
  • 1 free cheque book every month

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

Nil

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • With RAKBANK Payroll solutions, your employess can enjoy all this and more:
  • More convenience for day-to-day banking
  • Current account with no minimum balance requirement
  • 1 free cheque book every month
  • Free for life Credit Card
  • Preferential interest rates on loans
  • Access to RAKMoneyTransfer with instant money transfer to 27 banks within India and 1,800 Cebuana Lhuillier branches across Philippines
  • Unlimited free domestic remittances through Digital Banking
  • One free International remittance each month through Swift or RAKMoneyTransfer through Digital Banking.
APPLY NOW
RAKBANK RAK Booster

RAKBANK RAK Booster

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Internet Banking
  • Mobile Banking App
  • Enjoy monthly interest rates of up to 1.25% p.a.
  • Can open a RAKbooster Online Savings Account in AED or USD

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.50 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • The RAKbooster Account gives you more access to your money than any other account of its kind. And it gives a boost to your savings by offering up to 1.75% p.a. Increase your savings and enjoy monthly interest rates of up to 1.25% p.a.
  • Earn an additional bonus of 0.25% p.a. for preceding 3 months, if there is no debit transactions and if the previous bonus in not credited during preceding 3 consecutive months
  • Earn an additional bumper bonus of 0.25% p.a. for preceding 12 months, if there is no debit transactions and if the previous bumper bonus in not credited during preceding 12 consecutive months
  • You can open a RAKbooster Online Savings Account in AED or USD
  • Interest for your RAKbooster Savings Account is calculated daily and paid monthly.
APPLY NOW
RAKBANK RAK Save

RAKBANK RAK Save

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Free Debit Card
  • Monthly account statement clearly detailing all transactions

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

0.25 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKsave is an interest bearing savings account, minors can have an account too. It has a low minimum balance requirement
  • , interest payout

  • and these other great features:
  • Free Debit Card


  • to access your savings account through any ATM in the UAE
  • Instant account access so you can pay your bills or conduct account transfers through RAKdirect our 24-hour telephone banking service
  • Monthly account statements clearly detailing all transactions.
APPLY NOW
RAKBANK RAKBANK Elite

RAKBANK RAKBANK Elite

RAKBANK
  • Cheque Book
  • Debit Card
  • Dedicated Relationship Manager
  • Internet Banking
  • Preferential exchange rates on US $, Euro & GBP currencies
  • Fast Track Processing of all your banking requests
  • Enhanced daily withdrawal limits of AED 30,000

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.25 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • A dedicated RAKBANK Elite Relationship Manager for all your banking & Investment needs
  • Preferential exchange rates on US Dollar, Euro & GBP currencies
  • Exclusive RAKBANK Elite Service Centres
  • Golf Course access
  • Valet Services
  • Dedicated RAKBANK Elite counters across most of our branches
  • Fast Track Processing of all your banking requests
  • Enhanced daily withdrawal limits of AED 30,000 on your RAKBANK Elite Platinum Mastercard® Debit Card
  • As a RAKBANK Elite customer you are also eligible for the premium RAKBANK World Credit Card
  • Utility bill payments made easy:
  • You can pay your Etisalat (GSM, Landline, Al Shamil, Dialup, e-life, Wasel Recharge and Wasel Renewal), DEWA, Du, Prepaid Card and Salik services with your RAKBANK Elite Platinum Mastercard® Debit Card by calling 800 40 48.
APPLY NOW
RAKBANK RAKstarter

RAKBANK RAKstarter

RAKBANK
  • Cheque Book
  • Dedicated Relationship Manager
  • Earn attractive interest on our RAKStarter Account
  • No ledger/ fall back fee
  • Unlimited Cheque book facility
  • Competitive rate of interest on Fixed Deposits
  • Dedicated Relationship Manager

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.25 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • RAKstarter Accounts is available in AED, US Dollars, Euro and Pound Sterling (GBP) currencies.
  • Earn attractive interest on our RAKStarter Account
  • No ledger/ fall back fee
  • Access to our array of business financing products
  • Unlimited Cheque book facility
  • Attractive Foreign Exchange and Trade Finance rates
  • Competitive rate of interest on Fixed Deposits
  • Dedicated Relationship Manager
  • 24 hour Phone banking services
APPLY NOW
RAKBANK RAKvalue

RAKBANK RAKvalue

RAKBANK
  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

Nil

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Banking Benefits:
  • 1 Cheque Book (25 Leaves) per month (available only to AED Current Account)
  • Cash Withdrawals every month from any non-RAKBANK ATM (located in the UAE)
  • 2 Internal Standing Orders per month
  • 1 International Remittance through SWIFT per month (waiver of RAKBANK charges only)
  • 1 Manager’s Cheque/ Demand Draft per month
  • No Minimum Balance required
  • Insurance Benefits:
  • Motor Takaful Discount of AED 100


  • Life Takaful Cover (AED)
  • Secure Wallet cover (up to AED 10,000)
  • Travel Takaful Benefit With Worldwide Cover For You and Your Family



  • Car value to be greater than or equal to AED 75,000
  • Lifestyle Benefits:
  • Complimentary International Motoring Company (IMC) Roadside Assistance and Concierge Services

  • RAKvalue Offers
APPLY NOW
RAKBANK RAKvantage

RAKBANK RAKvantage

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Cheque Book
  • Internet Banking
  • Mobile Banking App
  • Unlimited FREE cheque books and drawings
  • Instant account access for bill payments and account transfer

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

Nil

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKvantage is a high interest rate AED/USD Personal Banking account for UAE residents and non- resident GCC Nationals in the UAE.This account is offered to RAKselect & RAKelite customers.
  • Unlimited FREE cheque books and drawings
  • Instant account access for bill payments and account transfers through RAKdirect our 24-hour telephone banking service
APPLY NOW
RAKBANK Savings Account

RAKBANK Savings Account

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • You can choose the currency for your Savings Account
  • Free Debit Card
  • Transfer funds between your accounts easily

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM0.00

Interest/Return

1.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKBANK’s Savings Account offers you highly competitive interest rates, and credits interest to your account every six months.
  • Dirham, US Dollar, Euro or Pound Sterling – you choose the currency for your Savings Account. Other currencies may be approved upon request
  • FREE Debit Card.
  • Get access to your savings account 24 hours, 7 days a week through any ATM in the UAE
  • Unlimited access to your savingsGet monthly, quarterly or bi-annual statements with your Savings Account. If Debit Card option is selected, monthly statements are issued by default
  • Transfer funds between your accounts easily and conveniently
APPLY NOW
RAKBANK RAK Salary Transfer account

RAKBANK RAK Salary Transfer account

RAKBANK

MINIMUM SALARY

AED 5000.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Current account with no minimum balance requirement
  • One cheque book free / month
  • Free Debit Card

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

Nil

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Current account with no minimum balance requirement
  • One cheque book free / month
  • FREE Debit Card, which gives you 24/7 global access through any Mastercard ATM
  • Free for life Credit Card based on eligibility
  • Unlimited free domestic remittances through Digital Banking
  • One free swift international remittance per month through Digital Banking. RAKMoneyTransfer is excluded
  • Up to 3* Free Non-RAKBANK ATM Cash withdrawals per month
  • Number of Free Non-RAKBANK ATM cash withdrawals will be as per below segments.
APPLY NOW

RAKBANK Accounts by Types

RAKBANK Accounts by Features

Bank Accounts By Banks

Popular Accounts from RAKBANK Minimum Salary Minimum Balance Minimum Deposit
RAKBANK Business Banking Current account AED 0.00 AED 25000.00 AED 0.00
RAKBANK Current Account AED 0.00 AED 3000.00 AED 0.00
RAKBANK Fast Saver account AED 0.00 AED 0.00 AED 0.00
RAKBANK Gold account AED 0.00 AED 0.00 AED 0.00
RAKBANK Payroll account AED 0.00 AED 0.00 AED 0.00
RAKBANK RAK Booster AED 0.00 AED 3000.00 AED 0.00
RAKBANK RAK Save AED 0.00 AED 3000.00 AED 0.00
RAKBANK RAKBANK Elite AED 0.00 AED 0.00 AED 0.00
RAKBANK RAKstarter AED 0.00 AED 0.00 AED 0.00
RAKBANK RAKvalue AED 0.00 AED 0.00 AED 0.00
RAKBANK RAKvantage AED 0.00 AED 3000.00 AED 0.00
RAKBANK Savings Account AED 0.00 AED 3000.00 AED 0.00
RAKBANK RAK Salary Transfer account AED 5000.00 AED 0.00 AED 0.00

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