Having a bank account to manage daily expenses, get compensation, and save money is probably what you’ll be searching for if you’re in Dubai for employment, school, or family and need to manage your finances.
With this having a RAKBank account becomes very handy.
If you want to create a bank account check out the List of Banks in Dubai and their classifications.
However, because several bank accounts can be opened to suit a wide range of demands, choosing the best one for you may be rather challenging. You can keep your money safe, secure, and convenient with bank accounts.
To see all the bank’s branches go to this page RAKBank Branches or you can just check out Credit Cards offered by RAKBank.
If you want details on how to Open a RAKBank Account Online and to know more about their accounts check out the Types of accounts offered by RAKBank.
If you love banking from the convenience of your home then you should see how you can register for internet banking.
Establishing a bank account will greatly simplify your relocation. You will probably want one for tasks like paying your utility bills and obtaining a mortgage in Dubai may require you to have one as well.
To open a savings account, click here, but if it is a current account, check it out here; if it is an Islamic bank account you want to see how to create an Islamic Bank Account.
If you using an Android device it is best you check out the How to Download and Register for the RAKBank mobile banking app on Android but if you are using an iPhone you can check out How to Download and Register for the RAKBank mobile banking app on iPhone.
Various Bank Accounts offered by the RAKBank
The bank offers these types of accounts in Dubai.
| Account Type | Benefits |
|---|---|
| Current Account | You will have access to a variety of currencies for this account, such as AED, USD, GBP, and EUR. You may keep things running with a minimum monthly average balance of AED 3,000, request a checkbook for AED accounts, and receive a free monthly account statement. |
| RAKBANK Elite | In addition to having a dedicated Relationship Manager at your side, RAKBANK Elite offers exclusive exchange rates on transactions in USD, EUR, and GBP. You may experience banking in style in exclusive Elite Service Centers, where your requests are processed quickly. |
| RAKBANK Select | Account holders enjoy competitive interest rates on Savings Accounts, preferential pricing on various banking services, and a free chequebook. |
| Non-Resident Banking | With this account, you get a personal Relationship Manager and enjoy benefits like no tax on your income, wealth, and inheritance. |
| Gold Account | You may buy and sell gold digitally, available for both UAE residents and non-residents, start saving from 1 gram, and have access to a dedicated branch for physical gold redemption. |
| RAKbooster Account | Both citizens and non-residents can easily open a RAKbooster Account, which has a minimum monthly average balance requirement of AED 3,000 is accessible in both AED and USD, and gives a maximum interest rate from 0.25% to 0.75% p.a. |
| Savings Account | This account is available in AED, USD, GBP, EUR, and other currencies, for UAE residents and non-residents, with no monthly minimum balance for the first three months, and a minimum monthly average balance requirement of AED 3,000 thereafter. |
If you have any questions, then use the information on this page RAKBank Contact Details to contact the bank.