- Dedicated Relationship Manager
- Earn attractive interest on our Business Current Account
- Accounts denominated in Dirham*, US Dollar, Pound Sterling or Euro
- Monthly current account statements detailing all transactions
- Access to our array of business financing products
- Unlimited Cheque book facility
- Attractive Foreign Exchange and Trade Finance rates
- Competitive rate of interest on Fixed Deposits
- 24 hour Phone banking service
Local and International Currencies:
| Currency |
Minimum Average Monthly Balance |
| AED |
25,000 |
| USD |
10,000 |
| EUR |
10,000 |
| GBP |
10,000 |
Interest applicable effective 1st April 2020:
| Account Balance slab (AED) |
| From |
To |
Interest rate |
| 1,000,000 |
4,999,999.99 |
0.10% |
| 5,000,000 |
14,999,999.99 |
0.15% |
| 15,000,000 |
And above |
0.25%* |
Interest applicable effective 1st April 2020:
| Account Balance slab (USD) |
| From |
To |
Interest rate |
| 500,000 |
4,999,999.99 |
0.10% |
| 5,000,000 |
9,999,999.99 |
0.15% |
| 10,000,000 |
And above |
0.25%* |
Interest applicable effective 1st March 2020:
| Account Balance slab (AED) |
| From |
To |
Interest rate |
| 500,000 |
999,999.99 |
0.25% |
| 1,000,000 |
4,999,999.99 |
0.35% |
| 5,000,000 |
14,999,999.99 |
0.40% |
| 15,000,000 |
And above |
0.25%* |
Interest applicable effective 1st March 2020:
| Account Balance slab (USD) |
| From |
To |
Interest rate |
| 250,000 |
499,999.99 |
0.25% |
| 500,000 |
4,999,999.99 |
0.35% |
| 5,000,000 |
9,999,999.99 |
0.40%* |
| 10,000,000 |
And above |
0.25%* |
Interest applicable effective 1st April 2019:
| Account Balance slab (AED) |
| From |
To |
Interest rate |
| 500,000 |
999,999.99 |
0.25% |
| 1,000,000 |
4,999,999.99 |
0.35% |
| 5,000,000 |
14,999,999.99 |
0.50% |
| 15,000,000 |
And above |
0.50%* |
Interest applicable effective 1st May 2018:
| Account Balance slab (USD) |
| From |
To |
Interest rate |
| 250,000 |
499,999.99 |
0.25% |
| 500,000 |
4,999,999.99 |
0.50% |
| 5,000,000 |
9,999,999.99 |
0.40% |
| 10,000,000 |
And above |
0.25%* |
*Differential interest calculation method, Interest rate is subject to change as per bank's discretion
Note: If you do not wish to earn interest on your existing Business Current Account, please feel free to write to us at businessbanking@rakbank.ae from your registered email id.
Business Accounts
Business Cards
Deposit Accounts
Other Services
Business Finance
RAKBiz - Equip
SMS ' Business' to 7011
042130000
