Trade more. Spend less.

When margins matter, every cost save powers your growth. Our RAKvalue Trade Packages are specifically designed for businesses that regularly engage in international and local trade, offering preferential rates on a range of essential trade finance services.

Whether you choose Trade Lite or Trade Premium, these value packs will help you manage costs while maintaining the global connections your business needs to thrive.

express cash secured

Trade Lite Package

AED 299/month (exclusive of VAT)
  • Offers 30%-50% savings on essential trade services.
  • Ideal for businesses with regular international trade needs.
express cash secured

Trade Premium Package

AED 399/month (exclusive of VAT)
  • Offers an impressive 50% - 75% savings on essential trade services.
  • The prefect pick for more frequent traders.

Profit from our preferential rates for the essential trade services

RAKvalue Trade Packages
(all charges in AED, inclusive of VAT)
Standard Pricing Trade Lite
AED 313.95
Trade Premium
AED 418.95
Export Letter of Credit (LC)
Export LC Advising / Amendment 105 52.5 26.25
Export LC Negotiations Fees 0.125%, min 226/- 0.06%; min 157.5/- 0.03%; min105/-
Export LC Document Handling Charge 210 52.5 52.5
Commission in Lieu of Exchange

+ 5% VAT of the amount negotiated to be charged to the applicant; Calculated on actual Bill Amount received (exclusive of charges)
0.25% 0.10% 0.05%
Swift Charges (Tracers etc) per Swift 105 52.5 26.25
Maintenance Fees for docs beyond 90 days (as applicable) per month 105 105 105
Documentary Collections (Exports)
Export Documentary Collection Commission 0.125%; min 263/- 0.06%; min 183.75/- 0.03%; min 131.25/-
Commission in Lieu of Exchange

+ 5% VAT of the amount negotiated to be charged to the drawer; Calculated on actual Bill Amount received (exclusive of charges)
0.25% 0.10% 0.05%
Acceptance Swift 105 52.5 26.25
Payment 202 105 52.5 26.25
Swift Charges (Tracers etc.) per Swift 105 52.5 26.25
Documentary Collections (Import)
Import Documentary Collection Commission 0.125%; min 263/- 0.06%, min 157.5/- 0.03%; min: 105/-
Commission in Lieu of Exchange

+5% VAT of the bill value and amount to be recovered from the Drawee, at the time of retiring the document (Actual Amount of Payment)
0.25% 0.10% 0.05%
Custody charge if uncollected beyond 30 days per month 105 105 105
Dishonoured bill returned to remitting bank 0.25%; min 210/- 0.25%; min 210/- 0.25%; min 210/-
Swift Charges (Tracers etc) per Swift 105 52.5 26.25
Guarantees (Outward)
Guarantee Commission (Outward- Fixed) 1.25%, min 368/- 1%; min 262.5/- 0.50%, min 183.75/-
Guarantee Commission (Outward- open ended /Auto Renewal) 2.00%; min 368/- 1.5%; min 262.5/- 1.00%; min 183.75/-
Guarantee SWIFT Charge MT 760 (if applicable) 315 157.5 105
Guarantee Amendment Commission 105 52.5 26.25
Amendment Swift (if Applicable) 157.5 52.5 26.25
Claim Settlement 105 52.5 26.25
Outstanding Letter Issuance 105 52.5 26.25
Courier International 210 157.5 105
Courier Local 157.5 78.75 52.5

 

Get Started Today

Get started

To enroll, please contact your Relationship Manager or visit the nearest RAKBANK branch.

Image text

Your all-in-one financial partner

Simplify your banking experience with our feature-rich app. From payments to payroll, our comprehensive Banking Solutions provide everything you need to manage your business finances from one secure and easy-to-use platform.

app store
Loading...