Annual Fee Islamic Banking Minimum Balance Multiple Currencies
RAKBANK - RAKelite Business RAKBANK - RAKelite Business Annual Fee: AED 0 Islamic Banking: Yes Minimum Balance: AED 500,000 Multiple Currencies: Yes
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Top reasons to choose:
Enjoy an array of exceptional privileges and cost savings. With priority services, preferential pricing as well as a bouquet of lifestyle benefits, it pays to be one of the Business Elite.

Product USP:
1) Free teller transactions, cheque book and physical statements 
2) Free electronic fund transfer through Digital Banking* 
3) Higher transactional limit for fund transfer through Digital Banking
5) Preferential Forex Rate for US Dollar 
6) Fast Track Servicing of Business Banking service requests through Branches
7) Dedicated RAKelite counters across most of our branches
8) 24x7 Toll-free Dedicated RAKelite Phone Banking number
9) Lifestyle benefits

Fixed Rate:
Attractive Foreign Exchange and Trade Finance rates

Detailed Features:
1) Accounts denominated in Dirham*, US Dollar, Pound Sterling or Euro
2) Attractive Foreign Exchange and Trade Finance rates
3) 24 hour Phone banking service
4) Complimentary Airport Pick-up and Drop-off
5) Complimentary Roadside Assistance
6) Discounted Airline tickets with MMI Travels 
7) Golf Access
8) Valet Services
9) Dining Offers

Documents Required:
1) Company profile 
2) Valid Trade License 
3) MOA/AOA
4) Passport copies of signatories  and shareholders
5) Valid Emirates ID
Noor Business Accounts
Minimum Balance
AED 10,000
Annual Fee
AED 0
Emirates Islamic - Business Classic
Minimum Balance
AED 10,000
Annual Fee
AED 1,200