Current Account
Like a wallet, but bigger and safer
It’s great to know you’re never far from your money. RAKBANK’s Current Account gives you easy access, all the time. A low minimum balance, and a choice of local and international currencies, makes it an attractive option for individuals or companies.
- Dirham, US Dollar, Pound Sterling or Euro – you decide
- Get a Cheque book
- FREE Debit Card, which gives you round the clock access to your current account through any ATM in the UAE
- Monthly current account statements detailing all transactions
- You need to maintain a minimum average monthly balance in your RAKBANK Current Account. If not, the following fees in the currency of the account will be incurred
Personal Accounts
| Currency | Minimum Average Monthly Balance | Fee |
|---|---|---|
| AED | 3,000 | 25 AED |
| USD | 5,000 | 25 USD |
| EUR | 5,000 | 25 EUR |
| GBP | 5,000 | 25 GBP |
| Note: Above rates effective 1st May, 2011. | ||
Company Accounts
| Currency | Minimum Average Monthly Balance | Fee |
|---|---|---|
| AED | 20,000 | 100 AED |
| USD | 10,000 | 25 USD |
| EUR | 10,000 | 25 EUR |
| GBP | 10,000 | 25 GBP |
|
Apply for a Current Account easily with Click and Collect
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Terms and Conditions apply.
Please note: Accounts not activated within 30 days of receiving the SMS will be closed without further notice.
