Rak Bank Current Account Charges
Accounts overview rakbank business account gives you easy access to your money all the time.
Rak bank current account charges. Welcome to rakbank in dubai and the uae. As a member of the uae banking federation ubf rakbank follows the custom charter as stipulated by the ubf and tries to encourage best practices in the financial services industry. You work hard for your money and now it can work for you. Established in 1976 rakbank or the national bank of ras al khaimah p j s c is one of the oldest banks in the uae.
Reward yourself learn more and apply now. We offer a variety of current and deposit accounts to meet your needs. You need to maintain a minimum average monthly balance in your rakbank current account. We offer a wide range of business personal and online banking services.
Free debit card which gives you 24 7 global access through any mastercard atm. A bank account from rakbank lets you manage your money easily and maximize your savings. You need to maintain a minimum average monthly balance in your rakbank current account. You will be issued a free debit card which can be used at all rakbank and uae switch atms and a personalised cheque book if required can be issued at a nominal charge of aed 25 first cheque book of 25 leaves free for individual accounts.
A low minimum balance and a choice of local and international currencies makes it an attractive option for our business customers. A low minimum balance and a choice of local and international currencies makes it an attractive option for our business customers. 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. What am i offered when i open a rakbank current account.
If not the following fees in the currency of the account will be incurred. If the minimum average monthly balance is not maintained a ledger fee of aed 25 will apply. Bank accounts overview make the most of your money. Monthly current account statements detailing all transactions.
Aed 3 000 usd 5 000 eur 5 000 gbp 5 000. Get a cheque book for aed account. You will be issued with a free debit card which can be used at all rakbank and uae switch atms and if you require a personalised cheque book can be issued at a nominal charge of aed 25 first cheque book of 25 leaves free for individual accounts. If not the following fees in the currency of the account will be incurred.