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RAKBANK

Policy & Legal Updates
Source: Arabian Business

RAKEZ and RAKBANK Launch 60-Minute Business Accounts With Zero Minimum Balance

Ras Al Khaimah Economic Zone and RAKBANK have launched a 60-minute business bank account opening service for RAKEZ-licensed companies. The offer includes a zero minimum balance requirement and discounted monthly maintenance fees of AED 49 for the first 12 months. Eligible clients also receive fee waivers on domestic and international transfers through October 31, 2026.

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