RAKEZ unites with RAKBANK to enhance banking services

RAKEZ unites with RAKBANK to enhance banking services

Ras Al Khaimah Economic Zone (RAKEZ) has entered into a partnership with RAKBANK in order to enhance the banking services available to its clients. This strategic collaboration aims to speed up bank account openings and provide more reliable and secure banking solutions, supporting RAKEZ’s mission to bridge the gap between its customers and financial institutions. […]Ras Al Khaimah Economic Zone (RAKEZ) has entered into a partnership with RAKBANK in order to enhance the banking services available to its clients.

This strategic collaboration aims to speed up bank account openings and provide more reliable and secure banking solutions, supporting RAKEZ’s mission to bridge the gap between its customers and financial institutions.

This partnership enables RAKEZ clients to quickly and conveniently open business bank accounts through the sharing of verified e-KYC data between RAKEZ and RAKBANK through a blockchain platform hosted by Norbloc. This initiative aims to expedite the account opening process through simplification of documentation and effective referral management.

Ramy JalladGroup CEORAKEZ

“Our partnership with RAKBANK is a strategic step towards enhancing the financial services available to our clients. We are committed not just to facilitating business set-up but also to ensuring our clients receive continuous support post-setup, which accelerates their success. We focus on