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Open RAKMerchant Account and save up to AED 1,200 every year

RAKMerchant Business Account tailored made offering for merchants of all sizes and types. Operate an e-commerce business or a retail business - your merchant account means instant payment settlement and value added services in one account .

With our RAKMerchant payment solutions, manage your business activity seamlessly and keep a tap on your receivables at fingertip with our RAKBANK Business Mobile App

What we offer in RAKMerchant Business Account ?

Interest bearing Business Account in all major currencies with all banking benefits
POS/MPOS Machine or RAKBANK Simplify Payment gateway solutions at a low price

Why open a RAKMerchant Business account with us?

No Monthly maintenance fees
No Ledger fees
Earn Interest on your business account balances
Merchant Payment Solutions at nominal fees
Bank Digitally 24/7 through our Digital banking at low pricing .
Dedicated Relationship Manager and much more

Click here to know more about our Merchant Services Payment Solutions

*Important Information

Please use promo code “ BIZPAY” while applying for Business Current Account / RAKstarter Account through www.quickapply.rakbank.ae

Terms & conditions

Monthly maintenance fees and Ledger fees will be waived off only if the customer opt for one of the merchant payment solutions.
Monthly maintenance fees and Ledger Fees will be waived off from the subsequent month of POS / Simplify set up
Merchant services will be set up/installed only if the Business account is opened
Only RAKstarter Account and Business Current account will be opened under this offering
Monthly maintenance and Ledger fees will be reinstated if customer cancels any of the merchant payment solutions under this offering
RAKBANK reserves the right to revise the fees from time to time and shall notify the merchant of such revisions
All banking facilities are granted at the sole discretion of RAKBANK.