Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
RAKBANK Term and Working Capital Finance

Term and Working Capital Finance
Features
- Length of Business should be 1 year
- 6 months turnover required greater than or equal to AED 2.5 million
- Dedicated Trade Finance Relationship Manager
- Quick and easy trade finance solutions that provide with a range of products (Purchase procurement and post sales financing) with Conventional and Islamic options that are truly in a class of their own to cater to all business requirements
- Reducing rate is 10% to 15%
- Maximum loan amount provided is AED 15 Million
Required Documents
- Valid Trade Licence
- MOA/AOA
- Tenancy Contract and Ejari office & Warehouse
- Labour list
- One year bank statement
- WPS recent 3 months
- Passport copies of signatories and shareholders
- valid Emirates ID
Benefits
- Working capital finance solutions, including loans and overdrafts
- Trade finance products including letters of credit, trust receipts and guarantees
- Foreign Exchange solutions including spots and forwards
- Fast and hassle-free service
- Provides Net banking, Phone banking and mobile banking facility
Rakbank
Get in touch with RAKBANK Customer Care