Need to send money to your loved ones back home?
Now, you can instantly remit funds to India, Philippines, Nepal, Sri Lanka, Pakistan, Bangladesh, and 24 countries in Europe through RAKMoneyTransfer using your RAKBANK Credit Cards.
Send money today and enjoy interest-free payment for up to 55 days, no cash advance fee* as the remittance will be treated as any retail transaction, and high remittance amounts.
You can make as many remittances as you desire within the maximum retail remittance limit. You can also remit money over and above the predefined maximum retail remittance limit up to the available cash limit on your RAKBANK Credit Card.
However, remittance transactions performed beyond the maximum retail remittance limit will be treated as cash transactions and will attract finance charges as per the existing service and price guide. No cash advance fee will be charged.
With RAKMoneyTransfer, you'll get access to fast remittances at competitive rates. Check out our Service & Price Guide for more details.
To benefit from the RAKMoneyTransfer service, download the RAKBANK App, log into our online web portal, or head directly to any of our branches.
Remittance limit based on your Credit Card
|RAKBANK Cards / Type||Maximum Retail Remittance Limit (AED) per Billing Cycle|
|Titanium / High Flyer Platinum / Air Arabia / Platinum||5,000|
|Emirates Skywards World Elite||7,500|
Minimum remittance amount using credit cards is AED 100.
*Only standard remittance fees apply.
Disclaimer: In line with the UAE’s Value Added Tax (VAT) implementation from 01 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.