Business Current Account

Business Current Account RAKBANK

Minimum Balance
AED 25,000
Monthly Fee
AED 50
  • Airport Lounge

RAKBANK’s Business Banking Current Account gives you easy access to your money, all the time. A low minimum balance, and a choice of local and international currencies, makes it an attractive option for our business customers.

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  • Dedicated Relationship Manager.
  • Earn attractive interest on our Business Current Account.
  • Accounts denominated in Dirham, US Dollar, Pound Sterling or Euro.
  • Monthly current account statements detailing all transactions.
  • Access to our array of business financing products.
  • Unlimited Cheque book facility.
  • Attractive Foreign Exchange and Trade Finance rates.
  • Competitive rate of interest on Fixed Deposits.
  • 24 hour Phone banking service.


  • Authorized Signatory must be 21 years or above.
  • Companies must have a valid trade license.
  • Life and Travel Insurance benefits are offered up to the age of 65 years only.

Documents required

  • Trade License.
  • Memorandum of Association.
  • Address Proof of Company and Shareholder.
  • Passport Copy of all shareholders.
  • Visa and Emirates ID of primary Signatory.
  • Bank statement of company (if existing) or shareholder (if new company).
  • At least one Invoice of each Buyers & Suppliers.