MobileCash Terms and Conditions
- The MobileCash service is used by retail and business banking customers of RAKBANK. All procedures mandated by RAKBANK in respect of MobileCash must be followed by each customer and beneficiary.
- Each RAKBANK customer using MobileCash shall take all precautions to ensure and prevent unauthorized, fraudulent or illegal use of the service.
- RAKBANK has the right to block or refuse to process any MobileCash transaction for any reason it deems necessary.
- RAKBANK shall have no responsibility to confirm the identity of any third-party beneficiary or verify the mobile phone details provided by a customer.
- The customer is responsible for making any beneficiary aware of these terms and conditions and the procedures mandated by RAKBANK.
- Continued use of the MobileCash service will be deemed to be acceptance of the above terms and conditions.
- The above terms and conditions are supplemental to the Terms and Conditions Governing Personal Accounts and Terms and Conditions for Mobile Banking.