No initial deposit or minimum balance is required to open the RAKMore account.
A free debit card with international access at all MasterCard ATMs.
A free cheque book every month.
Free unlimited domestic remittances and one international remittance per month through internet banking.
Based on the customer’s salary different accounts will be allotted. Normal, RAKElite, and RAKSelect are three salary transfer accounts.
Up to 3 free non-RAKBank ATM cash withdrawals per month.

Account Closure (Within one year)- Normal and RAKSelect =AED 100; RAKElite = NIL
Non-RAKBank ATM Transactions in UAE- Cash Withdrawal = AED 2
Non- RAKBank Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1
Fee for using the ATM outside UAE and GCC = AED 20

Duly filled and signed current account application form.
Standard account opening documents such as identity proof, address proof, signature proof, etc.
Proof of salary (any one of the below)
- Offer letter
- Salary slip or certificate
- Salary transfer letter
- Copy of labour contract or MOL

Normal account salary range – AED 5K to AED 20K; RAKSelect account – AED 20K to AED 50K; RAKElite account – AED 50K and above
RAKElite account holders can avail RAKBank’s World Credit Card which is free for lifetime.
Free non-RAKBank ATM withdrawals – Normal account customers – 01, RAKSelect – 02, and RAKElite – 03.
To open the RAKMore account applicants need to visit RAKBank’s branch in person.
Existing current account holders of the bank can convert their account into salary transfer account by submitting income proof

RAKBANK RAKmore Salary Transfer Account