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Frequently Asked Questions

Click and Collect

Click and Collect is a service that allows you to open your account online. With this feature you can now apply for a business account & upload the required documents online in the comfort of your office. Within 48 hours you will be contacted by a RAKBANK representative who will assist you with the opening of your business account.

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.

Current Account is being offered to business customers with our Click & Collect service.

On these accounts RAKBANK offers a variety of enhanced business options like Commercial and trade services, overdrafts, loans, Finance services, Business Credit Cards and much more.

 

  • Fill the application form online, upload required documents and submit the application.
  • You will receive a confirmation e-mail upon submission.
  • Within 48 hours you will be contacted by a RAKBANK representative who will assist you with the opening of your business account.
  • Upon completion of the formalities, we will open your account and your Debit Card & cheque book (as applicable) will be sent to you by courier.
  • Passport & Visa copies of all individuals authorized to operate the account
  • Trade License Certificate
  • Chamber of Commerce/Commercial Registration Certificate
  • Other documents related to the operations/formation of your company

Our RAKBANK representative will contact you with details of other documentation that would be required based on your company type.

Current account requires an initial deposit of AED 25,000 or USD/GBP/EUR 10,000

During the visit, the bank representative will authenticate the business related documents you had uploaded during the online application submission. The representative will also take your signatures on the printed version of the online application forms & other relevant Bank documents. Note that additional documents may be requested by the representative in order to complete the account opening formalities.

Kindly ensure that all signatories/owners & parties with operating powers are present at the appointment to sign the relevant documentation.

You may contact us on 04 -2130000 and we will assist you.

Yes. An e-mail with a link will be sent to you to complete the same at your convenience.

You are requested to check your junk mail. If e-mail is not found, request you to re-apply for the account online using Click and Collect.