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Business Banking Current Account

RAKBANK’s Business Banking Current Account gives you easy access to your money, all the time. A low minimum balance, and a choice of local and international currencies, makes it an attractive option for our business customers.

  • 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.

Interest charges applicable for Japanese Yen, Euro and Swiss Franc as below:

Currency Interest (% p.a.)
GBP NIL
JPY -0.60
EURO -1.00
CHF -2.00

You can also open a Business Account at the Etisalat Hello Business Hub, located in OneJLT between 8am to 5pm from Sunday to Thursday.

Get Directions.

Contact Us
 SMS ' Business' to 7011
 042130000

Click here to view our latest business promotions

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