RAKempower Payroll Solutions
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:
More convenience for day-to-day banking
- 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 |
More savings
- 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
Exclusive privileges for Senior Management
- RAKselect and RAKelite Banking for Executive and Senior Management
How to apply?
For more information about all the banking benefits we can offer your employees contact [email protected] or SMS payroll to 7011
Terms and Conditions
- *Waiver of charges applies to RAKBANK charges only
- **Waiver of charges applies to RAKBANK SWIFT charges only
- All the above listed benefits will be subject to regular salary credits
Disclaimer
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.