SME Bank Accounts for Business Savings & Benefits

Features

Savings, Convenience, and Extra privileges

Introducing RAKvalue Plus and RAKvalue Max – our exclusive packages designed to help you take control of your business. Enjoy tailored benefits like free international remittances, Business Insurance cover, cloud-based accounting software and more.

Shield

Comprehensive Business Insurance

By RAKINSURANCE

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Access to accountable

The business, accounting and bookkeeping platform

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Preferential USD buy / sell rates

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Free international remittances

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Explore the business benefits

Banking Benefits	RAKvalue SME Plus	RAKvalue SME Max
Preferential USD buy / sell rates	3.669/3.675*	3.669/3.675*
Free international remittances	4/ Month**	4/ Month**
Free domestic remittances	x	4/ Month
Free non-RAKBANK ATM withdrawals	x	5/ Month

*Preferential USD buy / sell rates will be applicable after 2 business days of package activation.

**Waiver for RAKBANK charges only.

Accountable Benefits	RAKvalue SME Plus	RAKvalue SME Max
Intuitive accounting	✓	✓
Connected banking (payments, balances and statements)	✓	✓
Payroll management	✓	✓
Accounting & VAT	✓	✓
Inventory management	x	✓
Users	Up to 4 users	Unlimited

Business Insurance Benefits	RAKvalue SME Plus	RAKvalue SME Max
Workmen’s compensation cover (including employers liability)	Basic	Advanced
Public liability cover	AED 1 million	AED 3 million
Property cover	x	✓

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Eligibility & Fees

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Your all-in-one financial partner

Simplify your banking experience with our feature-rich app. From payments to payroll, our comprehensive Banking Solutions provide everything you need to manage your business finances from one secure and easy-to-use platform.