ProviderRAKBANK
RAKBANK Business Current Account
Eligibility unknownBusiness AccountsOperating account for companies with bundled transactions.
Last verified Nov 11, 2026, 3:02 PM1 source behind these figures
Terms and conditions
| Fees and balances | |
| Minimum balance | AED 15,000.001 source
|
|---|---|
| Monthly fee | AED 300.001 source
|
| International transfer fee | AED 78.751 source
|
| Free transactions per month | 501 source
|
| Features | |
| Digital onboarding | Yes1 source
|
| Eligible licence types | Mainland, Free zone, Offshore, Freelance permit1 source
|
| Shariah compliance | |
| Shariah structure | —No evidence recorded |
| Profit rate basis | —No evidence recorded |
| Shariah board reference | —No evidence recorded |
| Eligibility | |
| Minimum monthly income | AED 0.001 source
|
| Minimum age | 21 years1 source
|
| Maximum age at maturity | 70 years1 source
|
| Residency eligibility | Residents and UAE nationals1 source
|
| Eligible employer types | Self-employed1 source
|
| Minimum tenure | —No evidence recorded |
| Maximum tenure | —No evidence recorded |