MobileCash
Withdraw cash for yourself or enable a beneficiary to withdraw cash from any RAKBANK ATM without the need for a Debit Card with the MobileCash service.
Enjoy all these benefits:
- Faster cash withdrawal from any RAKBANK ATM without a Debit Card
- Save time by not going to a branch and using a Teller
- Get access to your money even if you do not have your Debit Card
- Pay cash remotely to a third party instead of issuing a cheque
- Withdraw up to AED 9,000 over and above your current ATM withdrawal limit
How MobileCash works:
- Log on to Mobile Banking and select ‘MobileCash’
- To withdraw cash select ‘Self Withdrawal’
- To send money to someone else select ‘Beneficiary Withdrawal’
- Select ‘Debit Account’ and enter the amount you want to withdraw
- A One Time Password (OTP) will be sent to the requested mobile number (either yours or your chosen beneficiary) via SMS
- You or your beneficiary can visit any RAKBANK ATM, enter the OTP followed by amount and withdraw the cash
- The OTP is valid for 24 hours
Who can use MobileCash?
- RAKBANK Mobile Banking customers
- If you are sending money to a beneficiary, he or she needs a valid UAE mobile number
Click here to view the Terms and Conditions for MobileCash
Click here to view the frequently asked questions for MobileCash