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The new account account, which is available in both the dirham and dollar currency, offers customers an interest rate of three per cent on dirham accounts and 1.5 per cent on dollar accounts. The account requires no minimum balance and maintenance charges and offers customers a free debit card with the opening of the account.
“Rakbank is constantly looking at opportunities to offer customers new banking solutions and enhance their overall experience,” said Graham Honeybill, General Manager of the bank. “With more customers using availing online services, the bank is offering customers the F@st S@ver Account to combine both banking convenience as well as excellent returns on savings.”
In addition to offering attractive returns on savings, F@st S@ver also offers a simple and hassle-free online experience, giving customers the opportunity of opening the account without the need to visit the bank’s branches, the bank said.
The bank has been expanding its online services to complement its existing communication channels and ensure that the bank remains responsive to customer feedback. By revamping its Website and launching a presence on Twitter, the bank is constantly working at providing customers with a more effective banking experience and maintaining service quality.
The bank also offers a range of conventional savings accounts for its customers including RAKsave, which offers attractive interest rates, a free debit card, and convenient fund transfer between accounts.
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