What is the daily transfer limit on RAKBANK online?
RAKBANK (The National Bank of Ras Al Khaimah) enforces comprehensive daily transfer limits across its digital banking platforms, mobile applications, and online portals to safeguard customer accounts and comply with financial regulations. For retail online banking users, daily limits are established for various transaction types, including domestic funds transfers within the UAE, local card-to-card transfers, and international telegraphic wire remittances. Standard personal accounts operate under predefined default caps, while priority and business banking clients are granted higher daily transfer thresholds to support commercial operations. Customers can view their active limits within the RAKBANK digital app and have the option to adjust or optimize certain transfer limits securely online using multi-factor authentication and one-time passwords (OTPs).
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