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RAKBANK Business Banking Current Account

RAKBANK Business Banking Current Account
Minimum Balance AED

25,000

Currency

Multiple Currencies, Free Cheque book &
2 more

Annual Return

0.1%

Features

ATM Transfer, Multiple Currencies &
4 more

Description

RAKBANK’s Business Banking Current Account gives you easy access to your money, all the time. A low minimum balance, and a choice of local and international currencies, makes it an attractive option for our business customers.

Main Benefit:  Multiple currency options available, Free online and phone banking services

Points to Consider: There is a minimum balance requirement

Features

Minimum Average Balance Requirement: AED 25,000

Interest Rate: Starting from 0.10%

Dedicated Relationship Manager: Yes

Monthly Fees: AED 0

Sharia Compliant: No

Currencies Account Available: AED USD GBP EUR

Other Features:

  • Free Cheque Book (AED Account Only)
  • Earn attractive interest
  • Monthly current account statements detailing all transactions
  • Attractive Foreign Exchange and Trade Finance rates
  • Competitive rate of interest on Fixed Deposits
  • 24 hour Phone banking service
Documents Required
  • Valid Passport, Resident Visa.
  • Emirates ID Copy.

 

Additional Info:

  • All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
  • In line with the UAE’s Value Added Tax (VAT) implementation from 1st January 2018, VAT at the rate of 5% will be levied on RAKBANK’s fees and charges specified herein, wherever applicable and as per UAE law.
  • Terms and conditions apply.
Additional Info
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