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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 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.

How to earn additional 1% Bonus?

  • Maintain an average balance=> AED 500,000 at account level in respective quarter
  • Additionally increase your quarterly average balance by minimum AED 100,000 at account level from the previous quarter

Bonus campaign is valid till 31st December 2019 so increase your balance and earn more.

Terms & Conditions

  • 1% (p.a) Bonus will be paid on incremental quarterly average balance from the previous quarter 
  • Bonus payout will be on quarterly basis and will be paid only on Business Current Account and RAKfinance Current Account (Conventional AED account only) which was opened prior to the preceding quarter
  • This offer is not applicable on Islamic accounts

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

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Contact Us
 SMS ' Business' to 7011
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