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.