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Current Account
RAKBANK’s Current Account is the ideal bank account for individuals or companies. Providing you with a safe and easy way to access your money in a choice of local and international currencies, the RAKBANK Current Account has low minimum account balance requirements* and is the easiest way to manage your money.
- Available in AED, US Dollars, Pounds Sterling and Euro denominations.
- Cheque book facility.
- FREE Debit Card providing access to your account 24 hours a day, 7 days a week through any ATM in the UAE. This is only available in AED.
- Monthly account statements clearly detailing all transactions.
* A minimum average monthly balance is required to maintain a RAKBANK Current Account. If this is not maintained, the following fees in the currency of the account will be incurred:
Personal Accounts
| Currency | Minimum Average Monthly Balance | Fee |
|---|---|---|
| AED | 3,000 | 25 |
| USD | 5,000 | 25 |
| EUR | 5,000 | 25 |
| GBP | 5,000 | 25 |
Note: Above rate effective 1st May 2011.
Company Accounts
| Currency | Minimum Average Monthly Balance | Fee |
|---|---|---|
| AED | 20,000 | 100 |
| USD | 10,000 | 25 |
| EUR | 10,000 | 25 |
| GBP | 10,000 | 25 |
For more information, please call us on 04 - 213 00 00 or click here.
