RAKstarter SME Account

RAKstarter SME Account RAKBANK

Minimum Balance
Not Required
Monthly Fee
AED 99
  • Airport Lounge

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.

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  • 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.


  • 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.