Features
RAKmore is a salary transfer account that allows customers to transfer their salary accounts to RAKBank. The account provides a whole lot of banking benefits and services at no extra cost.
Features & Benefits
- 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.
Fees & Charges
- 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