This Bank is one of the most dynamically developing banks in UAE, which outdistances many of its competitors by its tariffs and ease of service. 52% of the shares of this bank belong to the Government of Emirate of Ras Al Khaimah.

The bank's capitalization indicators exceed the mark of 6 million USD. In terms of profitability, it is recognized as the best bank in the entire Middle East.

The Bank serves both private and corporate clients (registered in UAE: local companies, FEZ companies and offshore companies).

RAKBANK opened about 40 branches in UAE and installed more than a hundred ATMs.

16 bank branches are opened in Dubai with the installation about 60 ATMs.

Corporate account




2. RAK Starter package - if the average monthly balance of the account is 0 AED, commission for the account servicing is 100 AED

3. RAKelite package - if the average monthly balance is 500 000 AED, no commission for the account servicing


Information about the tariffs:


  • Individual manager (Russian / English)

  • Debit card is granted for use

  • Possibility to receive a checkbook

  • Monthly account statement

  • Free online banking, telephone banking

  • 24-hour telephone banking services.

Required documents:

- Originals of all statutory documents

- Certificate of Good Standing (if the company is more than one year old)

- Description of the activity (including partners, turnover, countries, etc.);

- Information about the founders;

Documents of the account manager / beneficiary:

- Original of internal passport;

-  Original of foreign passport (with a resident visa);

-  Emirates ID;

- Confirmation of the customer address in UAE;

- Statement of personal account for the last 3 months;

- Data regarding the source of the beneficiary's funds origin;

- Documents showing the beneficiary's experience.

* The bank always reserves the right to request additional documents in the process of considering the issue of the account opening.



To date, the bank does not accept companies that operate in oil and gas industry, logistics companies


Account opening period: up to 20 days after submitting all necessary documentation to the bank.




Our company specialists are always ready to advise you in more detail on all issues regarding the procedure for opening a current account with RAKBANK.