More RAKvalue with Car Prize Promotion: RAKBANK

RAKBANK is pleased to announce that it is offering a brand new Toyota Corolla car to one RAKvalue customer this coming August.

Online PR News – 25-June-2014 – Dubai – RAKBANK is pleased to announce that it is offering a brand new Toyota Corolla car to one RAKvalue customer this coming August. Running until July 31st, the Bank promotion automatically enters Account holders, Card holders, and SME customers who have signed up for RAKvalue into the draw.

This is the second time that the Bank runs the RAKvalue promotion. Sreeraj Raju was the lucky winner who drove off with a Toyota Corolla after winning in the first RAKvalue promotion that ran during the months of March and April. “The aim of the RAKvalue prize campaign,” explained Banali Malhotra, RAKBANK Head of Marketing, “is to reach more customers and highlight the added value attached to this service.”

Ian Hodges, RAKBANK Head of Personal Banking, added: “According to customer feedback since its launch two years ago, RAKvalue is a cost-saving solution for many. It allows our Account, Card and SME customers to pay a flat monthly fee and receive a collection of banking, complimentary insurance, and lifestyle deals that they require on a regular basis.”

Starting from AED 50 a month, RAKvalue entitles Account holders to one free international remittance per month, free monthly chequebook, up to five free non-bank local ATM withdrawals per month, a free prepaid card, and much more depending on the selected tier. As for Credit Card holders, RAKValue’s choice of Executive or Premium packages offer customers one free international remittance per month, one free duplicate statement per month, and one free Credit Card cheque per year, plus one free cheque collection service from home for Premium holders. SME customers on the other hand can benefit from four free international remittances per month, a preferential buying/selling rate on USD, a free manager’s cheque or demand draft issuance per month, and more.

Complimentary insurance benefits for Account, Credit Card holders, and SME Account holders include Life Insurance, Secure Wallet, Travel Insurance, and Motor Insurance discount. In addition, customers receive free local roadside assistance and concierge services. RAKvalue also provides complimentary non-banking benefits exclusive to RAKvalue customers which include dining, shopping and lifestyle vouchers through

For those who prefer Islamic Banking solutions, RAKBANK AMAL offers RAKvalue to individual and SME Account holders through AMAL Current, AMAL Savings and AMAL Jood Account plus a collection of Takaful and Lifestyle benefits for a nominal recurring fee.

To learn more about RAKvalue, customers are invited to visit



RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a leading retail and small to medium business bank in the UAE, serving over 700,000 customers. Founded in 1976, the Bank is one of the country’s oldest local financial institutions and today one of its fastest growing and most dynamic banks. According to The Banker's Top 100 Bank Rankings for 2013, RAKBANK is the 1st in the Arab World by Return on Assets and 5th in the Arab World by Return on Capital.

RAKBANK offers a wide range of personal and business banking services, as well as Islamic Banking solutions via RAKBANK AMAL, throughout its 34 branches, and its Telephone, Online, and Mobile banking channels.

For more information, please visit or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via and

For media queries, kindly contact Lamis Daoud on +9714 291 5064 or via