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Just transfer your salary to RAKislamic Account and get more from your salary

You work hard to provide yourself and your family with a good life. We believe you deserve to get more with your salary. That’s why we created the RAKmore Salary Transfer Account. Simply transfer your salary to RAKislamic and you will enjoy all these Salary account offers in UAE & exceptional banking benefits and savings.

 

Based on the Sharia concept of Qard Hassan, the Current Account that helps you manage all your day-to-day banking needs with ease, thanks to the award-winning service from RAKBANK.

Exclusive Rewards and Privileges--

  • Current account with no minimum balance requirement
  • One cheque book free / month
  • FREE Debit Card, which gives you 24/7 global access through any Mastercard ATM
  • Free for life Credit Card under a Sharia compliant structure based on eligibility 
  • Unlimited free domestic remittances through Digital Banking
  • One free swift international remittance per month through Digital Banking. RAKMoneyTransfer is excluded
  • Up to 3 Free Non-RAKBAK ATM Cash withdrawals per month
  • Number of Free Non-RAKBANK ATM cash withdrawals will be as per below segments
     
RAKislamic Select Normal Accounts
2 1
Above benefits will only be for RAKislamic charges. Corresponding bank charges will still be applicable for all remittances performed by the customers with the RAKmore benefit.
  • Any one of the following Salary Proof documents is required for customers opening the account for salary transfer purpose:
     
    1. Salary Certificate
    2. Salary Transfer Letter
    3. Pay Slip
    4. Labour Contract / MOL print out
    5. Offer Letter ( for employees under probation)
  • Salary transfer account can be opened for customers with salary >= AED 5,000/-
  • All the above listed benefits will be subject to regular salary credits in RAKmore salary transfer account

In line with the UAE’s Value Added Tax (VAT) implementation from 1st January 2018, VAT at the rate of 5% will be levied on RAKBANK’s fees and charges specified herein, wherever applicable and as per UAE law.

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