RAKstarter SME Account RAKBANK
Minimum Balance
Not Required
Islamic
Monthly Fee
AED 99
RAKstarter for all the budding entrepreneurs and startups. Now you can maximize your efficiency and the usage of cash to make banking stress-free and more efficient.
Apply online now
Fill in your details and our expert advisor will contact you soon.
Features
- RAKstarter Accounts is available in AED, US Dollars, Euro and Pound Sterling (GBP) currencies.
- Earn attractive interest on our RAKStarter Account.
- No ledger/ fall back feeAccess 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.
- Dedicated Relationship Manager.
- 24 hour Phone banking services.
Eligibility
- Authorized Signatory must be 21 years or above.
- Companies must have a valid trade license.
Documents required
- Application form.
- Trade Licence.
- Valid passport and Copy of Visa.
- Memorandum of Association (MOA).
- Articles of Association (AOA).
- Chamber of Commerce Certificate copy.
- Board Resolutions.
- Address proof.