Send your family some love

Need to send money to your loved ones back home?
Now, you can instantly remit funds to India, Philippines, Nepal, Sri Lanka, Pakistan, Bangladesh, and 24 countries in Europe through RAKMoneyTransfer using your RAKislamic Credit Card.

test

Profit-Free Payments for up to 55 Days

Send money today and enjoy profit-free payments for up to 55 days, no cash advance fee* (as the remittance will be treated as any retail transaction) and high remittance amounts.

 

Send as Much and as Often as You Need

Send as Much and as Often as You Need

Make as many remittances as you desire within the maximum retail remittance limit. You can also remit money over and above the predefined maximum retail remittance limit up to the available cash limit on your RAKislamic Credit Card.

However, remittance transactions performed beyond the maximum retail remittance limit will be treated as cash transactions and will attract finance charges as per the existing service and price guide. No cash advance fee will be charged.

Attractive Exchange Rates

Attractive Exchange Rates

With RAKMoneyTransfer, you'll get access to fast remittances at competitive rates. Check out our Service & Price Guide for more details.

To benefit from the RAKMoneyTransfer service, download the RAKBANK App, log into our online web portal or visit any of our branches.

Remittance limit based on your Credit Card

RAKislamic Card / Type Maximum Retail Remittance Limit (AED) per Billing Cycle
Platinum 5,000
World 7,500
Emirates Skywards World Elite 7,500

Minimum remittance amount using credit cards is AED 100.
*Only standard remittance fees apply.

Disclaimer: In line with the UAE’s Value Added Tax (VAT) implementation from 01 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.

We’re here to help

RAKBANK App

Bank on the go anytime, anywhere

Discover the RAKBANK App and enjoy cutting-edge Digital Banking services at your fingertips. Seamlessly manage your accounts, conduct secure transactions, and enjoy a range of innovative features – all in one user-friendly platform.

App Store
Loading...