description

Let’s get down to business

How can we help you?

Whatever the size of your business, we’ve got the account for you

Available for Conventional or Islamic banking.

RAKstarter

For start-ups and entrepreneurs

Current Account

For growing businesses

Business Elite

For established businesses

RAKstarter

For start-ups and entrepreneurs

Current Account

For growing businesses

Features

Lifestyle benefits**
img
img
Account currency
AED
AED
Foreign currency transactions
img
img

Features

Lifestyle benefits**
starter
currentAccount
elite
Account currency
AED
AED
AED
Foreign currency transactions
starter
currentAccount
elite

Perks

Zero balance account
img
img
Free remittances*
img
img
Preferential FX rates**
img
img
Free accounting packages and business insurance**
img
img
Dedicated Relationship Manager
img
img
Priority services across branches
img
img

Perks

Zero balance account
starter
currentAccount
elite
Free remittances*
starter
currentAccount
elite
Preferential FX rates**
starter
currentAccount
elite
Free accounting packages and business insurance**
starter
currentAccount
elite
Dedicated Relationship Manager
starter
currentAccount
elite
Priority services across branches
starter
currentAccount
elite

Fees & charges

Monthly average credit balance
Zero
AED 25,000 or equivalent at entity level
Fall back fee (if monthly average credit balance is not maintained)
Zero
AED 52.50
Monthly maintenance fees
AED 103.95
AED 103.95
Monthly digital banking fees
AED 52.50
AED 52.50

Fees & charges

Monthly average credit balance
Zero
AED 25,000 or equivalent at entity level
AED 500,000 or equivalent at entity level
Fall back fee (if monthly average credit balance is not maintained)
Zero
AED 52.50
AED 262.50
Monthly maintenance fees
AED 103.95
AED 103.95
Zero
Monthly digital banking fees
AED 52.50
AED 52.50
AED 52.50

*Waiver only applies to RAKBANK charges.

**Services are part of RAKValue SME Plus and Max Packages. Please refer to the Service & Price guide.


For RAKstarter and Business Current Account customers:

  • If the monthly average credit balance is greater than or equal to AED 250,000.00 the monthly maintenance fee will be waived, but the Digital Banking fee will apply.
  • If the monthly average credit balance is less than AED 250,000.00 the monthly maintenance fee will apply, but the Digital Banking fee will be waived.
Note: The above charges include 5% VAT. For additional details, please see our Service & Price guide.