Minimum Balance Required Currencies Features
RAKBANK - Current Account RAKBANK - Current Account Minimum Balance: AED 3,000 Currencies: AED, GBP, USD, EUR Features: Multiple Currencies, Free Cheque Book
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Like a wallet, but bigger and safer.

It’s great to know you’re never far from your money. RAKBANK’s Current Account gives you easy access, all the time. A low minimum balance, and a choice of local and international currencies, makes it an attractive option for individuals or companies.

Features & Benefits:
  • Dirham, US Dollar, Pound Sterling or Euro – you decide.
  • Get a Cheque book.
  • FREE Debit Card, which gives you round the clock access to your current account through any ATM in the UAE.
  • Monthly current account statements detailing all transactions.
  • You need to maintain a minimum average monthly balance in your RAKBANK Current Account. If not, the following fees in the currency of the account will be incurred.
  • Minimum balance - Currency and it's respective Minimum Average Monthly Balance: AED - 3,000 USD - 5,000 EUR - 5,000 GBP - 5,000
Documents Required:
  • Duly filled and signed Application form
  • Copy of valid passport and valid residence visa (Minimum 2 months validity required for UAE Resident Visas), if applicable
  • Salary Transfer Letter, if applicable (If your monthly salary is between AED 3,000 to AED 5,000/)
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