Annual Fee Islamic Banking Minimum Balance Multiple Currencies
RAKBANK - RAKstarter Account RAKBANK - RAKstarter Account Annual Fee: AED 0 Islamic Banking: Yes Minimum Balance: AED 0 Multiple Currencies: Yes
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Tops reasons to choose:
Zero balance account

Product USP:
1) Zero balance account 
2) Earn attractive interest 
3) Free Banking benefits

4) Free Business Insurance

5) Free Cloud Accounting package with connected banking experience.

6) Bundle package at nominal monthly fees

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

Eligibility:
Length of Business < 12 months

Documents Required:
1) Company profie 
2) Valid Trade Licence 
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