The cost of opening an account: From 1990 USD
The cost of opening an account: From 1990 USD

General information

Name:National Bank of Ras Al Khaimah (RAKBANK)
Country:

UAE

Official site:https://rakbank.ae
Faunded:1 976
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.
Employees:English
Shareholders:Government of Ras al Khaima; UAE citizens; foreign ownership
Security:High
Presentation:

https://rakbank.ae/wps/portal/retail-banking/about-us

Account

Terms of opening for admission (days):21
Opening terms for cancellation (days):21
Recommendations:Required
Description of activity:Detailed
Account type:Corporate and personal.
Departure to the bank:Required
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
Account opening, probability:Calculated
Particularities during account opening:The bank requires Emirates ID and it is applicable only to tax residents

Rating

Rating on loans:BA3

Terms

Balance, minimum:6 006 €

Services and costs

Cost of translation:10-25 AED
Cost of enrollment:None
Cost of account maintenance:None
Access to the account:Via phone and internet-banking
Bank services:Personal and corporat accounts; debit and credit Visa cards; credits; investments; deposits
Bank cards:Visa
Download Tariffs:

https://rakbank.ae/wps/wcm/connect/24fe8e8e-fc35-4967-8dd3-8935c64f085e/Account+Services+Business-%26Remittances-Web+EN.pdf?MOD=AJPERES&CVID=moF-Yu8

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our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's name sort descending Price of account opening Established
Arab Bank for Investment and Foreign Trade (Al Masraf) 1990 USD 1976
Emirates Islamic Bank 790 USD 2004
Emirates Islamic Bank 790 USD 2004
Emirates NBD PJSC 1500 USD 2007
First Abu Dhabi Bank 1990 USD 2016
Mashreq Bank 1990 USD 1967
National Bank of Fujairah 1990 USD 1982
National Bank of Ras Al Khaimah (RAKBANK) 1990 USD 1976
NOOR Bank 1990 USD 2008
United Arab Bank 1990 USD 1975