# Rakbank Business — Corporate & Business Banking

> Mobile banking app for business and corporate customers to manage accounts and transactions. (iPhone/iPad app by The National Bank of Ras Al-Khaimah (P.S.C).)

- Source: https://appshunter.io/ios/app/rakbank-business/id1313260982 (this page in markdown: same URL + `.md`)
- Developer: [The National Bank of Ras Al-Khaimah (P.S.C)](https://appshunter.io/developer/421642094)
- Category: Finance
- Price: Free
- Rating: 4.20/5 from 115 App Store ratings · 131 written reviews indexed
- Age rating: 12+
- Requires: iOS 13.0 · 152 MB
- Languages: American English
- Released: 2018-07-31
- Data updated: 2026-08-20
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/rakbank-business/id1313260982/reviews.md

## What is Rakbank Business?

RAKBANK Business is a customized mobile banking app specifically made for our valued Business and Corporate Banking customers. With this banking app, you can view and manage your business accounts securely and conveniently, wherever you are and whenever you want.  

Think of it as a mobile, one-stop shop that provides you with convenient solutions for all your banking service needs. Whether it be sending money or paying bills seamlessly and securely, making 50+ requests or approve transactions, RAKBANK Business ensures an enhanced and frictionless user experience that will make the way you bank simply better.
RAKBANK Business app comes with a host of powerful features and new capabilities such as:   
·   New look and user-friendly navigation
·   Biometrics login for a single signatory
·   Multi-platform receipt sharing
·   Fund Transfers, VAT Payment, Bills & Credit Card Payments
·   Cardless cash withdrawals using MobileCash
·   Approve transactions on the go initiated by maker/initiator
·   Request for Cheque Book, Bank Statement, Bank Reference Letter, etc.
·   Upload required documents (e.g. Trade License)
·   Inquire about Trade Finance transaction status
·   Business Elite upgrade requests
·   Secure transactions with RAKToken two-factor authentication
and much more!

*Kindly note, this app will not work on jailbroken devices.

Physical address:
RAKBANK Corporate Office Dubai
P.O. Box 1531,
Dubai Silicon Oasis
Dubai, UAE

Privacy Policy Link: https://www.rakbank.ae/en/privacy-policy

## Key features

- Secure account management
- Fund transfers and bill payments
- Transaction approval
- Biometric login
- Cardless cash withdrawals
- Document uploads
- Trade finance inquiries

## Recent user reviews (10 of 131)

All indexed reviews: https://appshunter.io/ios/app/rakbank-business/id1313260982/reviews.md

### 2/5 — Speed

*2026-08-06*

Took me 5 attempts to make a transfer

**Developer response:** Hello, We regret the inconvenience caused. To enable us to assist you further, please email your feedback or enquiry(s) to contactus@rakbank.ae, quoting reference number 16, or call us on 600 544 049 for immediate assistance. Thank you for bringing this to our attention. We sincerely value your input and are constantly striving to provide you with a better banking experience

### 5/5 — RAK BUSINESS AAP

*2026-07-11*

Best Bank they improved in all the lines. Great Job RAK BANK

**Developer response:** Hello Ali, we are delighted to receive your positive feedback regarding our services. It brings us great joy to know that you are satisfied. Thank you for Banking with us.

### 5/5 — Transfer

*2026-07-03*

Very easy and simple method .

**Developer response:** Hello There, we are delighted to receive your positive feedback regarding our services. It brings us great joy to know that you are satisfied. Thank you for Banking with us.

### 3/5 — Learn from Wio Bank

*2026-06-11, version 14.0*

No FaceID. Inability to paste passwords from password manger.

### 5/5 — Business Account

*2026-05-30, version 13.9*

Intuitive and fast

### 2/5 — Outdated App

*2026-05-22*

Regretfully a really outdated, non-user friendly UX and very in consistent customer service. Chat bot is also not supportive. For the charges placed on us as the user it’s a bit sad.

**Developer response:** Hello There, we regret the inconvenience caused and we thank you for bringing this to our attention. We value your input, and we're constantly working to provide you with a better banking experience. Please reach out to us via email at rakassist@rakbank.ae, with your concerns, and our team can assist you.

### 5/5 — Owner

*2026-05-20, version 13.9*

Excellent service, user friendly and easy access

### 5/5 — Mr

*2026-04-29, version 13.7*

Petrov

### 2/5 — Clunky

*2026-04-28, version 13.7*

Very painful to make a payment. Too many clicks. Nothing straight forward. Difficult to use the Rak token.

### 1/5 — Poor

*2026-02-05, version 12.9*

If you have options... use them

## Frequently asked questions about Rakbank Business

### What does the RAKBANK Business app do?

The RAKBANK Business app is a mobile banking solution designed for business and corporate customers. It allows users to securely view and manage their business accounts, make fund transfers, pay bills, approve transactions, and request various banking services conveniently from their mobile devices.

### What are the key features of the RAKBANK Business app?

Key features include a new user-friendly interface, biometric login for single signatories, multi-platform receipt sharing, fund transfers, VAT payments, bills and credit card payments, cardless cash withdrawals via MobileCash, transaction approval, and the ability to request services like cheque books and bank statements.

### Is the RAKBANK Business app free to use?

Based on the provided information, the app is offered for free to RAKBANK's business and corporate banking customers. There are no mentions of subscription fees or in-app purchases for core functionalities.

### What are the compatibility requirements for the RAKBANK Business app?

The app is designed for mobile devices. However, it is explicitly stated that the app will not work on jailbroken devices, indicating a security measure to protect user data and transactions.

### How can I use the RAKBANK Business app for my daily banking needs?

You can use the app as a one-stop shop for managing your business finances. This includes sending money, paying bills, checking transaction statuses, approving initiated transactions, requesting essential banking documents, and even uploading necessary business documents like trade licenses.

## Version history (last 5 releases)

### 14.4 — 2026-08-17

We've made improvements to Digital Banking for a smoother, more reliable everyday banking experience

### 14.3 — 2026-07-20

The Rakbank Business App is getting rebranded. The new version has new App Icon and new Rakbank logos , but your login details, beneficiaries, and transaction history are all unchanged

### 14.2 — 2026-06-28

Card Controls (Business Banking only): Take control of your debit card—enable or disable Online, In-Store, Contactless payments, and ATM withdrawals anytime.
Improvements: Minor bug fixes and performance enhancements for a smoother experience.

### 14.1 — 2026-06-14

Minor enhancements and bug fixes

### 14.0 — 2026-06-07

Instant International Payments – Send money instantly to individual beneficiaries within the UK and a number of European countries
Enhanced Login & Security – General improvements to login experience and security
Bulk Approvals – Approve multiple fund transfers in one go
Improvements & Fixes – Minor bug fixes and performance enhancements

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## More apps by The National Bank of Ras Al-Khaimah (P.S.C)

- [Rakbank](https://appshunter.io/ios/app/rakbank/id427758991)
- [Skiply](https://appshunter.io/ios/app/skiply/id1477629342)
- [RAKBANK Prepaid App](https://appshunter.io/ios/app/rakbank-prepaid-app/id1630359951)

All apps by The National Bank of Ras Al-Khaimah (P.S.C): https://appshunter.io/developer/421642094

## Related topics

[rakbank business](https://appshunter.io/ios/topics/rakbank-business) · [rakbank](https://appshunter.io/ios/topics/rakbank) · [rakbank app](https://appshunter.io/ios/topics/rakbank-app) · [dakik business app](https://appshunter.io/ios/topics/dakik-business-app) · [bankak](https://appshunter.io/ios/topics/bankak) · [ras al khaimah](https://appshunter.io/ios/topics/ras-al-khaimah)

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-20.*
