Bank | National Bank of Ras Al-Khaimah PJSC (RAKBANK) |
Minimum Average Balance | AED 500,000.00 - Minimum monthly average credit balance of AED 500,000 |
Monthly Fee | AED 262.50 - Charged if balance falls below AED 500,000 |
Returned Cheque Fee | AED 262.50 - For insufficient funds |
Local Transfer Fee | Branch: AED 52.50 / Online: AED 0.00 - Transfers within UAE are free online, AED 52.5 via branch |
International Transfer Fee | Branch: AED 52.50 / Online: AED 0.00 - International transfers are free online, AED 52.5 via branch |
Cheque Book Details | First cheque book free; AED 52.5 per additional cheque book |
Account Closure Fee | AED 525.00 - Fee applies if closed within 6 months |
Additional Info | Premium banking privileges, lifestyle and travel benefits |