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RAKMerchant Account

RAKMerchant Account

Save up to 1,200 every year

Save up to 1,200 every year when you open a RAKMerchant Account

The RAKMerchant Business Account is tailored to meet the needs of merchants of all sizes and types. Operate an e-commerce business or a retail business – your merchant account offers you instant payment settlement and value-added services in one account.

 

With our RAKMerchant payment solutions, you can manage your business activity seamlessly and keep a tab on your receivables effortlessly, using the RAKBANK Business mobile app.
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What can you expect with a RAKMerchant Business Account?

  • Interest-bearing Business Account in all major currencies with all banking benefits
  • POS machine or RAKBANK Simplify Payment gateway solutions at a low price
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Why open a RAKMerchant Business account with us?

  • No monthly maintenance fees
  • No ledger fees
  • Earn interest on your business account balances
  • Merchant payment solutions at nominal fees
  • Bank digitally 24/7 through Digital Banking at low prices
  • Dedicated Relationship Manager

Click here to know more about our Merchant Services Payment Solutions.

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Important Information
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Key Terms and Conditions
  • Monthly maintenance fees and ledger fees will be waived off only if the customer opts for one of the merchant payment solutions
  • Monthly maintenance fees and ledger fees will be waived off from the subsequent month of POS / Simplify setup
  • Merchant services will be set up / installed only if the Business account is opened
  • Only RAKstarter Account and Business Current Account will be opened under this offering
  • Monthly maintenance and ledger fees will be reinstated if the customer cancels any of the merchant payment solutions under this offering
  • RAKBANK reserves the right to revise the fees from time to time and shall notify the merchant of such revisions
  • All banking facilities are granted at the sole discretion of RAKBANK.
Important Information
  • Please use the promo code “BIZPAY” while applying for a Business Current Account / RAKstarter Account through www.quickapply.rakbank.ae 

*Important Information: 

Please use the promo code “BIZPAY” while applying for Business Current Account / RAKstarter Account through quickapply.rakbank.ae.

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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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