RAK Bank Dubai Swift Code

RAK Bank Dubai Swift Code

RAS al Khaimah National Bank, known as RAKBANK, was founded in 1976 and is one of the oldest banks in the UAE. Today, the Bank has about 40 branches that offer a wide range of personal and business banking services.  RAKBANK also has an Islamic banking division, RAKislamic, which offers personal and business banking that complies with the principles of Sharia Law.

RAK Bank Dubai

RAK Bank Dubai Branches and Opening Hours

You can open an Islamic Bank account in RAKBANK. An Islamic Bank account is based on the principles of Islamic banking and complies with Sharia Law. To open such an account, you do not need to declare any of your religious beliefs.

The basic terms and rates of an Islamic current account are quite similar to the basic terms and rates of a regular current account.

The Bank provides various e-banking solutions, such as digital and telephone banking.

The government of the Emirate of Ras al Khaimah owns 52.76% of the Bank. RAKBANK shares are publicly traded on the Abu Dhabi Stock Exchange.

The Bank is a member of the UAE Banking Federation and follows the rules established for all participating banks. This means that the Bank uses high standards and applies the best practices in the field of financial services that customers expect from their banks.

Routing instructions/ details for remittance in US Dollars (USD)

Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digits IBAN)

Cover to be effected through:

Standard Chartered Bank, New York, USA.
SWIFT: SCBLUS33

OR

Citi Bank, New York, USA.
SWIFT: CITIUS33

OR

JPMorgan Chase Bank, N.A.
SWIFT: CHASUS33

Routing instructions/ details for remittance in AUSTRALIAN DOLLARS

Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digits IBAN)

Cover to be effected through:

Australia & New Zealand Banking Group Ltd.
International Clearings
International Payments Operations
SWIFT: ANZBAU3M

Routing Instructions/ Details for remittance in SAUDI RIYALS

Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digits IBAN)

Cover to be effected through:

THE NATIONAL COMMERCIAL BANK
SWIFT: NCBKSAJE

Routing instructions/ details for remittance in Pounds Sterling (GBP)

Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digits IBAN)

Cover to be effected through:

Lloyds TSB Bank PLC, London. The United Kingdom.
SWIFT: LOYDGB2L
Routing instructions/details for remittance in EURO
Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digits IBAN)

Cover to be effected through:

DEUTSCHE BANK AG, FRANKFURT
SWIFT: DEUTDEFF

OR

BANCO SANTANDER S.A., SPAIN
SWIFT: BSCHESMM

OR

ING BELGIUM NV/SA, BRUSSELS
SWIFT: BBRUBEBB010

Routing instructions/ details for remittance in SINGAPORE DOLLARS

Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digits IBAN)

Cover to be effected through:

STANDARD CHARTERED BANK, SINGAPORE
SWIFT: SCBLSG22

Routing instructions/ details for remittance in Omani Riyal

Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digits IBAN)

Cover to be effected through:

NATIONAL BANK OF OMAN, MUSCAT
SWIFT: NBOMOMRX

Routing instructions/ details for remittance in CANADIAN DOLLARS

Beneficiary Bank: NATIONAL BANK OF RAS AL KHAIMAH (P.J.S.C)
Swift Code: NRAKAEAK
Beneficiary Name: (name as per account)
Beneficiary Account: (your 23 digit IBAN)

Cover to be effected through:

Bank of Montreal, Canada
SWIFT: BOFMCAT2