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Gold Account

Now Buying, Selling or Saving with Gold is so easy, you can do it anytime and anywhere you like

  • Buy gold digitally anytime at your convenience at a competitive price using RAKBANK Gold Account
  • Option to save in grams, starting from 1 gm
  • Buy / Sell anytime through RAKBANK Digital Banking
  • Redeem for physical gold at select RAKBANK branch*
  • Save regularly through monthly Standing Order set up
  • Enjoy capital gains when there is an appreciation in gold price

Purchase and sale of gold will be based on the banks prevailing real time gold buying and selling rates

  • Credit proceeds from sale of gold into your RAKBANK account
  • Physical Gold redemption will be allowed from select RAKBANK branch*

* Physical Gold redemption request can be submitted through Digital Banking or any RAKBANK Branch, however physical gold delivery can be received only at RAKBANK Oud Metha Branch (SBC).

*Note: Verification Image text is case sensitive

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  • RAKdirect Number 600 54 4049
  • Phone Banking 042130000