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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
Current Account
RAKstarter
For start-ups and entrepreneurs
Current Account
For growing businesses
Features
Lifestyle benefits**
Account currency
AED
AED
Foreign currency transactions
Features
Lifestyle benefits**
Account currency
AED
AED
AED
Foreign currency transactions
Perks
Zero balance account
Free remittances*
Preferential FX rates**
Free accounting packages and
business insurance**
Dedicated Relationship Manager
Priority services across branches
Perks
Zero balance account
Free remittances*
Preferential FX rates**
Free accounting packages and
business insurance**
Dedicated Relationship Manager
Priority services across branches
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.