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

At RAKBANK, we believe that employees like you deserve the very best banking benefits. That’s why we created RAKempower Payroll solutions. It provides you with a range of advantages designed to make all your banking easier, faster and more rewarding, while saving you money.
 

With RAKempower Payroll solutions, you can enjoy all this and more:

  • Current account with no minimum balance requirement
  • 1 free cheque book every month
  • Free unlimited RAKBANK ATM withdrawals
  • Free* unlimited domestic remittances through Digital Banking
  • Up to 4 Free** international remittances through Digital Banking. RAKMoneyTransfer is excluded
  • Up to 4 free Non-RAKBANK ATM withdrawals as per below segments*
RAKElite     RAKSelect Normal Accounts
4 3 1
Above benefits will only be for RAKBANK charges. Corresponding bank charges will still be applicable for all remittances performed by the customers with the RAKempower benefit.
  • Free for life Credit Card
  • Quick approvals on loans and mortgages
  • Hassle free takeover from other banks 
  • Send money instantly at competitive rates and lower charges through RAKMoneyTransfer  
  • Competitive FX rates across currencies through RAKMoneyTransfer
  • Unit Linked savings and insurance plan

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  •  RAKselect and RAKelite Banking for Executive and Senior Management 

For more information about all the banking benefits we can offer your employees contact payroll@rakbank.ae or SMS payroll to 7011

  • *Waiver of charges applies to RAKBANK charges only
  • **Waiver of charges applies to RAKBANK SWIFT charges only

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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