RAKBANK Introduces RAKelite Premium Banking

Offering a customized banking experience and enhanced benefits to new and existing High Net Worth customers

RAKBANK recently introduced RAKelite Premium Banking, offering new and existing High Net Worth customers a more customized banking experience with enhanced lifestyle benefits and multiple privileges. RAKelite is the Bank’s latest Wealth Management offering and brings together all of the Bank’s premium solutions together under one umbrella.

Through RAKelite, RAKBANK ensures high net worth customers receive privileged treatment that enables them to get what they want out of their finances and their day-to-day lives. This includes a dedicated relationship manager, an exclusive RAKelite service centre in Burjuman Business Centre, private RAKelite teller counters across most RAKBANK branches, preferential exchange rates on US Dollar, Euro and GBP currencies, exclusive online and mobile banking services, and multiple lifestyle privileges.

“We recognize that the wealth management client base is always on the lookout for that ‘extra something,’ and customization of the banking experience is the roadmap to exceeding client expectations,” commented Peter England, RAKBANK’s CEO. “We also understand that each customer is unique and requires a personalized approach to meet their needs and aspirations based on their profile, objectives, and lifestyle”, he added. 

RAKelite customers enjoy fast-track processing of all their banking requests within 2 hours of receipt. In addition, they are eligible for the Premium RAKBANK World MasterCard® Credit Card and the many benefits that accompany it, plus the RAKelite World MasterCard® Debit Card through which they can avail up to two complimentary valet services per month with Valtrans at select locations. They also get access to over 150 golf courses worldwide, 12 complimentary golf-coaching sessions a year, and a dedicated toll free number via 8004048. 

RAKBANK’s Wealth Management model is centred on excellent customer service delivered by trusted and knowledgeable Relationship Managers who have earned the trust of clients.