Question 1

What is the SWIFT code for Rakbank (National Bank of Ras Al-Khaimah)?

Accepted Answer

The SWIFT/BIC code for Rakbank (National Bank of Ras Al-Khaimah) is NRAKAEAK. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Rakbank (National Bank of Ras Al-Khaimah)?

Accepted Answer

To send money internationally to Rakbank (National Bank of Ras Al-Khaimah), provide your bank with the SWIFT/BIC code NRAKAEAK (Ras Al Khaimah, United Arab Emirates) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Rakbank (National Bank of Ras Al-Khaimah) a SEPA member?

Accepted Answer

No, Rakbank (National Bank of Ras Al-Khaimah) is not a SEPA member. All international transfers to this bank must be sent as SWIFT wire transfers using BIC code NRAKAEAK.

Question 4

What does the BIC code NRAKAEAK mean?

Accepted Answer

In the BIC code NRAKAEAK: "NRAK" is the institution code identifying Rakbank (National Bank of Ras Al-Khaimah), "AE" is the ISO 3166-1 country code for United Arab Emirates, and "AK" is the location code indicating the bank's city or timezone zone.

NRAKAEAK

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