RAKBANK Current Account | MoneyCamel

RAK Bank

RAKBANK Current Account

CAMEL VIEW
  • You get monthly account statements detailing all your transactions.
  • Accounts not activated within 30 days of receiving the SMS (through Click & collect) will be closed.
FEATURES
Average Balance 
AED 3,000
Free Internet Access 
Yes
Phone Banking Facility 
Yes
Debit Card Facility 
Yes
Multiple Currency 
AED, USD, GBP, EUR
Funds Transfer Facility 
Yes
Relationship Manager Available 
Yes
Cheque book Facility 
Yes
FEES & CHARGES
ADDITIONAL INFORMATION

A salary transfer letter is required as additional documentation for customers opening the account for salary transfer purpose.

Benefits 

This current account can be opened by both individuals and companies. The minimum monthly balance is AED 3,000 for individuals and AED 20,000 for companies.

Other Benefits & Conditions 

Individuals can apply for the current account online through "Click and Collect".

Fine Print 

AED 25 per month is charged for non-maintenance of minimum balance for accounts of companies and AED 100 per month for accounts of companies.

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