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savings accounts

Business Current Account

A business account without visiting a branch!

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Account Features

Open for business

Open your account in just a few days and take your business to new heights. Enjoy an accessible, feature-rich business account with a low minimum balance, choice of currencies, attractive interest rates and exclusive financing.

payments

Available in different currencies

Choose AED, USD, EUR or GBP
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Low balance account

Minimum average monthly balance of just 25,000
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Attractive interest rates

Watch your money grow while you focus on your business
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Monthly statements

You’ll always be in the know
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Exclusive business financing

We help you grow your business
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Grow your money with attractive interest rates

Explore our interest rates - helping you boost your capital while you focus on your business.

Interest rates (p.a.) applicable to AED denominated accounts, effective 1 August 2022

From (AED) To (AED) Interest Rate
500,000 4,999,999.99 0.10%
5,000,000 14,999,999.99 0.15%
15,000,000 And above 0.25%*

Interest rates (p.a.) applicable to USD denominated accounts, effective 1 April 2022

From (USD) To (USD) Interest Rate
500,000 4,999,999.99 0.10%
5,000,000 9,999,999.99 0.15%
10,000,000 And above 0.25%*

*Differential interest calculation method. Interest rate is subject to change as per the Bank's discretion.

Note: If you do not wish to earn interest on your existing Business Current Account, feel free to send an email to businessbanking@rakbank.ae using your registered email ID.

Interest charges (p.a.) are applicable for CHF, EUR and JPY accounts per the below table, effective 1 September 2022

Currency Currency Code Interest (% p.a.)
British Pound Stirling GBP 0%
Japanese Yen JPY -0.6%
Euro EUR 0%
Swiss Franc CHF 0%
Benefits

Discover exclusive benefits – built for business

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Fast transactions with Tap & Go™
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Advanced chip & PIN features
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Enhanced daily cash withdrawal limit
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Over 1 million ATM locations worldwide

Discover our

Business Debit Cardarrow_forward
Dedicated Relationship Manager

Introducing your dedicated Relationship Manager

24/7 Phone Banking with RAKdirect

Call us 24/7 with RAKdirect Phone Banking

Option to Bundle with RAKvalue SME

Boost your business with RAKvalue SME

Eligibility & Fees

Let's do business

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  • Age:
    • 21 years old and above
  • Other Requirements:
    • Any company with a valid trade licence to operate within the UAE

Relevant links

Key Fact Statementarrow_forward
Service and Price Guidearrow_forward
Terms and Conditionsarrow_forward
Downloadable Formsarrow_forward

We’re here to help

FAQs
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Not sure about something? Check our frequently asked questions to find what you’re looking for.

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Your all-in-one financial partner

Simplify your banking experience with our feature-rich app. From payments to payroll, our comprehensive Banking Solutions provide everything you need to manage your business finances from one secure and easy-to-use platform.

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