Key Features

Fast. Easy. Reliable.

Now sending money instantly to India is at your fingertips. Accounts are credited in just 60 seconds with RAKMoneyTransfer.

RAKMoneyTransfer rates (Service Charges)

Service Charges**
Transfer Amount AED 0 - 500 AED 500.01 AED 1000.01 & Above
Service Charge AED 5 AED 10 AED 15



In line with the UAE’s Value Added Tax (VAT) implementation from 1st January 2018, VAT at the rate of 5% will be levied on RAKBANK’s fees and charges specified herein, wherever applicable and as per UAE law.

Processing Timings: (UAE Time)

  • Instant transfer to ICICI Bank 24x7x365
  • Transfer to other bank accounts (6:30am to 5:15pm)
  • ICICI joint accounts will be credited within couple of hours on working days between 7:45am and 5:30pm
  • In case of system issues with the beneficiary bank (instant credit feature), the transactions may be credited within few hours on working days between 7:45am and 5:30pm*
  • Transfers received after the above timings will be credited the next working days

*Monday to Friday & alternate Saturdays: 1st, 3rd & 5th

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