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RAKMoneyTransfer brings convenient, faster and cheaper way to send EUROs to European Accounts

  • Lowest fee with best rates in Market
  • Same day Account credit throughout 24 countries in Europe*
  • Receiver gets full amount – No deduction or hidden charges
  • Service available 24X7X365 on your RAKBANK Account
EURO - Account Credit Countries
Austria Denmark Hungary Norway Slovenia
Belgium Finland Ireland Poland Spain
Bulgaria France Italy Portugal Sweden
Croatia Germany Luxembourg Romania Switzerland
Cyprus Greece Netherlands Slovakia  
Service Fees (Lowest in the market)
Amount (EUR) Fee (AED)
Less than 1,999.99 25
2,000 to 24,999.99 35
25,000 to 49,999.99 55
50,000 to 99,999.99 100
Above 100,000 120

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.

*Transfers initiated from Monday to Friday before 2:30pm will be credited on the same day, post which it will be credited on next working day.

  • This service/offer is available for retail individual customers through RAKBANK Digital Banking using your Mobile, PC & Tablet and through RAKBANK Branches
  • Any transfer under this offer will be subject to RAKBANK’s Terms and Conditions governing Electronic Funds Transfer
  • RAKvalue & Evantage benefits are not applicable to RAKMoneyTransfer

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