The National Bank of Ras Al-Khaimah (Rakbank) has joined hands with United Arab Emirates (UAE) Exchange to facilitate credit card payments at any of the 15 UAE Exchange outlets across the country.
UAE Exchange will issue a free 'Swift Card' to all Rakbank credit cardholders upon settling their first credit card bill at any of their outlets. UAE Exchange agents will accept cash payments up to a maximum of 20,000 Emirati dirhams ($5,444) per Rakbank card on any single day, and will issue a receipt for each card payment.
Rakbank is headquartered in Ras Al-Khaimah and had total assets of 3.4 billion Emirati dirhams ($0.93 billion) in September 2003. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
