Since 2017, RAKBANK and RAKEZ have been working together to provide RAKEZ companies with a bouquet of banking solutions. The key benefits offered to the economic zone’s family of businesses include clearly communicated requirements leading to shorter turnaround time for applications, reflecting our commitment to providing you with quick and transparent processes. For information on RAKBANK products click here.
RAKEZ and Mashreq NEOBiz have joined forces to offer special banking benefits and solutions that are particularly designed for SMEs. By being part of our family, you are guaranteed to experience fast-track account openings with support from a dedicated team as well as access to an extensive portfolio of Mashreq products and financial services.
Also in 2019, RAKEZ has entered into a strategic alliance with First Abu Dhabi Bank (FAB) in an aim to connect its clients to more banking options. As with the other partners, RAKEZ’s collaboration with FAB paves the way for quick and easy corporate account opening to companies flourishing in the RAKEZ ecosystem with the assistance of a dedicated relationship manager.
In partnership with ADCB, RAKEZ clients can enjoy 0% interest on instalment plans for 3, 6, 9 or 12 months on transactions amounting to AED 1,000 and above with AED 50 processing fee. All you have to do is use your ADCB credit card when paying for your RAKEZ invoices and then call 600 50 2030 to convert your transaction according to your repayment preference.
To provide flexible payment option to more clients, RAKEZ also tied up with Emirates NBD. The bank offers Easy Payment Plan of 3, 6, 9 or 12 months with 0% interest on transactions over AED 1,000. After completing your RAKEZ transaction using your Emirates NBD credit card, contact the bank on 600 540000 to convert your transaction into monthly instalments. Alternatively, you can apply online or via mobile banking.
As a special offer from RAKBANK, RAKEZ clients can avail 0% easy payment plan for 3, 6, 9 or 12 months on transactions over AED 1,000. All you need to do is use your RAKBANK Credit Card for your RAKEZ transactions and call RAKBANK phone banking on 04 213 0000 within 10 days from the transaction date to avail the 0 % easy payment plan. 0% EPP is not valid on RAKislamic Credit Card. Conditions apply.
Commercial Bank of Dubai (CBD) has partnered with RAKEZ to provide clients an option to convert their RAKEZ purchases of AED 1,000 and above into 0% Easy Payment Plan for up to 12 months. One time processing fee of 1.5% for 3 months, 2.5% for 6 months and 3% for 12 months tenure will apply. To avail, simply login to CBD mobile app or call 600 575 556 and place your request.
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