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Click and Collect - Business Accounts

Opening a business account? It’s a breeze with RAKBANK’s Click and Collect. With Click and Collect, apply for your Business Account online – which means you can apply for an account from the comfort of your office.

 

Our team of experienced professionals and dedicated Relationship Managers understand the specific needs of your business and provide you with customized solutions.

 

Features Current Account
Interest bearing Yes
Debit Card Yes
Cheque Book Yes
Initial Deposit (AED) 25,000
Monthly Average Balance requirement (AED) 25,000
Monthly charges for not maintaining minimum average balance per month (AED)  50
Monthly maintenance fee (AED) 50
Overdraft Facility Yes
  Apply

Hassle-free banking
You don’t have to visit a branch or wait in queues and fill out endless paperwork to open an account.

More convenience
Complete your application form at your convenience, upload your documents over multiple sessions – your progress will be saved each time.

We will visit you
Enjoy complete convenience and save time when you open a business account with RAKBANK. Apply online and a RAKBANK representative will contact you within 48 hours to help you complete your account opening process.

  • Fill and submit the application form online & upload the documents.
  • You will receive a confirmation e-mail.
  • Once you receive the confirmation e-mail, our representative will get in touch within 48 hours to complete the account opening formalities.
  • Your Debit Card & cheque book ( as applicable) will be sent to you by courier.

Click here to open a Current account online.

  • If interest payable is less than AED 10, then no interest will be credited.
  • Overdraft facilities are subject to Bank policies.

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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