RAKBANK
(3.2)
Great
(4)
Entity type
Commercial Bank
Client type
Personal/Business
Country
United Arab Emirates
Year
"1990"
Employee Count
1001-5000
Services
Total Score
Great
(4)
About RAKBANK
RAKBANK, also known as the National Bank of Ras Al Khaimah (P.S.C) a Public Joint Stock Company, is one of the oldest and most dynamic banks in the UAE. Founded in 1976, the Bank underwent a major transformation in 2001, with a shift in focus from Corporate Banking to Personal and Business Banking. RAKBANK offers a wide range of personal and business banking services throughout its 27 branches and its portfolio of electronic banking solutions, which include Telephone and Digital Banking. It also offers Sharia-compliant personal and business banking services via its Islamic Banking unit, RAKislamic.
Pricing
Setup Fee
0 AED
Monthly Maintenance Fee
25 AED
SWIFT Incoming
0-20 AED
SWIFT Outgoing
30-75 AED
FX Fee
2%
Currency
EUR
(Euro)
USD
(United States dollar)
GBP
(British pound)
JPY
(Japanese yen)
CHF
(Swiss franc)
AED
(United Arab Emirates dirham)
Trustpilot reviews
One of the Worse Banks!
One of the worse banks in UAE, initially they were good but later on, they cut all my international transactions provided lame reasoning, their credit cards are all restricted to local use and literally worthless and their sales agents are shameless liars. no responsibility no truth no accountability to their clients they do whatever they want! stay away from RAKBANK as far as you can!
Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.
On this page, you can see a detailed review of RAKBANK Banks with reviews from real users and our experts. RAKBANK provides the following services: Card providers, Cash deposit, Cash withdrawal, Corporate Services, Credit cards, Debit cards, Debit cards (virtual), Exchanges, Loans, Mass Payouts, Prepaid cards, Savings Account, Stand by letter of credit, SWIFT Transactions, Wire Transfer Acceptance, 3d secure payment gateway, ApplePay, GooglePay.
At the moment, RAKBANK rating on Finscanner is 4 and on Trustpilot is 3.2.
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