Routing numbers, which have nine digits, are used in financial transactions to identify your bank or credit union. Around 1910, the banking sector started using numbers to speed up and streamline transactions.
Each bank has a distinct number assigned to it, which reduces the likelihood of misinterpretation. Even if two banks have names that are identical, they can be easily distinguished from one another because of their different routing numbers.
The routing number is a nine-digit identifier used by banks to identify certain financial institutions in the United States (sometimes referred to as an ABA routing number after the American Bankers Association).
This number confirms that the bank has a Federal Reserve account and is a federally or state-chartered organization.
RAKBANK, sometimes referred to as the National Bank of Ras Al Khaimah (P.S.C) a Public Joint Stock Company, is one of the oldest and busiest banks in the United Arab Emirates.
The 1976-founded Bank underwent a substantial transformation in 2001 when it decided to focus more on consumer and business banking instead of corporate banking.
With 27 branches and a portfolio of electronic banking products, including telephone and digital banking, the Bank now provides a wide range of services to both people and businesses.
It also offers Sharia-compliant personal and business banking services through its RAKislamic branch of Islamic banking.
Ras Al Khaimah, in the United Arab Emirates, is home to the corporate headquarters of RAKBANK, a publicly-traded joint-stock corporation. Its main office is situated in the RAKBANK Building on Sheikh Mohammed Bin Zayed Road in Ras Al Khaimah.
The Ras Al-Khaimah government owns 52.76 percent of the Bank, and its shares are openly traded on ADX.
The UAE Banking Federation (UBF) has established a Customer Charter for all of its member banks, and RAKBANK is pleased to abide by it.
We endorse the Customer Charter in an effort to promote trust and best practices in the financial services industry and to provide clients with clear guidelines for the caliber of service they may anticipate from their banks.
RAKBANK Routing Number
Here, is the link that when you click will take you to another page where you will be able to get your routing number along with your IBAN and branch information.