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National Bank of Ras Al Khaimah (RAKBANK)

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Cost of account opening
от 1990 EUR
Open an account

General information

Name
National Bank of Ras Al Khaimah (RAKBANK)
Country

UAE

Official web-site
https://rakbank.ae
Bank history
RAKBANK was founded in 1976 and is one of the oldest banks in UAE. In 2001 it made significant changes and focused on personal and business-banking. Today, the bank has about 40 branches that offer a wide variety of services for personal and business-banking.
Founding date
1976

Account Opening Terms

Recommendations
Required
Description of activity
Detailed
Account type
Corporate and personal.
Required documents
Travelling passport; application form; copies of Emirates ID and resident UAE visa; salary statement; copies of constituent documents; director's CV, company's profile and bank statement
Minimum balance
6006
Account opening nuances
The bank requires Emirates ID and it is applicable only to tax residents
Account opening, possibility
Calculated

Cost and nuances of account maintenance

Translation cost
10-25 AED
Enrollment fees
None
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