• Dubai, United Arab Emirates

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.

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