Open a RAKMerchant Account and save up to AED 1,200 annually. Benefit from instant payment settlement, low-cost POS solutions, no monthly fees, and interest on balances. Manage digitally 24/7.

RAKMerchant Account with Banking Benefits for Merchants | RAKBANK UAE

RAKMerchant Account

RAKMerchant Account - Terms and Conditions

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Account

<ul>
<li style="font-weight: 400;" aria-level="1">Please use the promo code &ldquo;BIZPAY&rdquo; while applying for a Business Current Account / RAKstarter Account through <a href="https://quickapply.rakbank.ae/business/accounts" target="_blank" rel="noopener noreferrer" aria-label="www.quickapply.rakbank.ae - opens in new tab" data-uw-rm-ext-link="">www.quickapply.rakbank.ae</a>&nbsp;</li>
</ul>

RAKMerchant Account -Important Information 

RAKMerchant Account - Terms and Conditions Notification

Important Information 

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Segment - Business

RAKMerchant Account - Help Card

SERVICE AND PRICE GUIDE

Terms and Conditions

RakMerchant Account  - Relevant links

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<li>No monthly maintenance fees</li>
<li>No ledger fees</li>
<li>Earn interest on your business account balances</li>
<li>Merchant payment solutions at nominal fees</li>
<li>Bank digitally 24/7 through Digital Banking at low prices</li>
<li>Dedicated Relationship Manager</li>
</ul>
<a href="https://rakbank.ae/wps/portal/business-banking/rakbank-pay" aria-label="Click here to know more about our" data-uw-rm-vglnk="">Click here</a>&nbsp;to know more about our&nbsp;Merchant Services Payment Solutions.

RAKMerchant Account - Why open

Why open a RAKMerchant Business account with us?

RAKMerchant Account - Disclaimer

*Important Information:&nbsp;
Please use the promo code &ldquo;BIZPAY&rdquo; while applying for Business Current Account / RAKstarter Account through <a title="quickapply.rakbank.ae" href="https://quickapply.rakbank.ae/" target="_blank" rel="noopener">quickapply.rakbank.ae</a>.
<img src="/globalassets/rakbank/conventional/business/business-finance/business-finance/pos-ecommerce-finance/media-library/pos_quick_apply.png" alt="pos quick apply" width="100%" />

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The RAKMerchant Business Account is tailored to meet the needs of merchants of all sizes and types. Operate an e-commerce business or a retail business &ndash; your merchant account offers you instant payment settlement and value-added services in one account.
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With our RAKMerchant payment solutions, you can manage your business activity seamlessly and keep a tab on your receivables effortlessly, using the RAKBANK Business mobile app.</div>

Save up to AED 1,200 every year when you open a RAKMerchant Account

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RAKMerchant Account - Terms And Conditions

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Not sure about something? Check our frequently asked questions to find what you’re looking for.

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FAQs

<ul>
<li>Monthly maintenance fees and ledger fees will be waived off only if the customer opts for one of the merchant payment solutions</li>
<li>Monthly maintenance fees and ledger fees will be waived off from the subsequent month of POS / Simplify setup</li>
<li>Merchant services will be set up / installed only if the Business account is opened</li>
<li>Only RAKstarter Account and Business Current Account will be opened under this offering</li>
<li>Monthly maintenance and ledger fees will be reinstated if the customer cancels any of the merchant payment solutions under this offering</li>
<li>RAKBANK reserves the right to revise the fees from time to time and shall notify the merchant of such revisions</li>
<li>All banking facilities are granted at the sole discretion of RAKBANK.</li>
</ul>

RAKMerchant Account - Key Terms and Conditions

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Let's do business

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Business - Apply through the RakMobile

Download the RAKBANK Business App and apply instantly

Apply via the RAKBANK Business app

<ul>
<li>Interest-bearing Business Account in all major currencies with all banking benefits</li>
<li>POS machine or RAKBANK Simplify Payment gateway solutions at a low price</li>
</ul>

RAKMerchant Account- What we offer

What can you expect with a RAKMerchant Business Account?

Scan the QR code to download the RAKBANK Business app from the Apple App Store

Download the RAKBANK Business app!

A powerful yet simple platform that brings payments, payroll, and financial management together in one secure experience.

Scan the QR code to download the app from the Google Play Store

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Banking that works around your business

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Save up to 1,200 every year when you open a RAKMerchant Account

What can you expect with a RAKMerchant Business Account?

Why open a RAKMerchant Business account with us?

Let's do business

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Banking that works around your business