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RAKBANK

RAKBANK: takes companies registered in: United Arab Emirates. We hold no rule from it on any of the 7 industries we track. Last verified October 17, 2026.

Licensee
The National Bank of Ras Al Khaimah (RAKBANK), on the CBUAE register as National Bank of R.A.K P.J.S.C · bank licensed by the Central Bank of the UAE (register number 01.01.01.032.1976.06)
Regulator
CBUAE ·

Where it takes companies from

Its own list of countries, quoted below with its source and date

Products it publishes

International payments and FXSays it offers this

Attractive Foreign Exchange rates

RAKBANK · International payments and FX · Offers it · · Source

Looking for attractive Foreign Exchange and Trade Finance rates.

RAKBANK · International payments and FX · Offers it · · Source
Company cardsSays it offers this

Discover a debit card that's built for business

RAKBANK · Company cards · Offers it · · Source

One FREE Debit Card per authorized signatory on request

RAKBANK · Company cards · Offers it · · Source
Accepting card paymentsSays it offers this

Transform your in-store payments with N-Genius POS terminals.

RAKBANK · Accepting card payments · Offers it · · SourceConditions: N-Genius merchant solutions (Network International)

N-Genius Online is a proprietary payment gateway designed to elevate your e-commerce business

RAKBANK · Accepting card payments · Offers it · · Source

Every provider that says it offers this

Does not say it offers: Bulk payouts, Virtual accounts for your customers, Crypto on- and off-ramp, Safeguarding account, Client money account, Escrow

As its own pages say it, each quote with the date we read it. A product it does not mention is never shown as one it does not offer.

Currencies it holds

Holds EURa balance; account details of its own for SWIFT payments

Choose AED, USD, EUR or GBP

RAKBANK · EUR · · SourceThis quote speaks to: a balance

Routing Instructions for Remittance in EUR ... Beneficiary Account: (your 23

RAKBANK · EUR · · SourceThis quote speaks to: account details
Holds GBPa balance; account details of its own for SWIFT payments

Choose AED, USD, EUR or GBP

RAKBANK · GBP · · SourceThis quote speaks to: a balance

Routing Instructions for Remittance in GBP ... Beneficiary Account: (your 23

RAKBANK · GBP · · SourceThis quote speaks to: account details
Holds USDa balance; account details of its own for SWIFT payments

Choose AED, USD, EUR or GBP

RAKBANK · USD · · SourceThis quote speaks to: a balance

Routing Instructions for Remittance in USD ... Beneficiary Account: (your 23

RAKBANK · USD · · SourceThis quote speaks to: account details
Holds AEDa balance

Choose AED, USD, EUR or GBP

RAKBANK · AED · · SourceThis quote speaks to: a balance

Does not say it holds: CAD, SGD, HKD, AUD

Only currencies its own pages name, each quote with the date we read it. A currency it does not mention is never shown as one it does not hold.

Policy by industry

No published rule (read in full on October 9, 2026): Crypto, iGaming, Adult, Unlicensed financial services, AI and SaaS, Forex and CFD, Marketplace

Has this rule changed? Tell us

Alternatives to RAKBANK

Closing an account

Subject to any Additional Terms and Applicable Law, any Service may be closed, suspended or discontinued, in whole or in part, temporarily or permanently at any time, for any reason and except for Third Party Services, we will give you the required notice regarding any such closure, suspension or termination of Service.

Notice before closing · · Source

If you're not satisfied with how your complaint has been resolved, you can escalate internally by writing to complaints.escalation@rakbank.ae with existing complaint reference number. You can also escalate externally SANADAK by calling (800-7262325), downloading their app or visiting https://sanadak.gov.ae/en.

Complaints and where to go next · · Source

Account closed or frozen? What RAKBANK’s terms say

Rules about countries

Other requirements: … Any company with a valid trade licence to operate within the UAE

RAKBANK · Takes companies registered in · · Source

United Arab Emirates

What we read

Help pages on particular industries
Searched, none published · rakbank.ae/en/help-centre/support/faqs · rakbank.ae/en/help-centre/support/faqs/…