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Thanks. It seems the bank we use is the issue. They recognize limited EMIs for outgoing transfer. Which is why we are already looking into banking alternatives for our RAK ICC business.

Are there any banks or EMIs in the UAE that would open an account for a RAKICC company with no Emirates ID requirement ? I looked at WIO - they do require Emirates ID. I am not entirely sure about Emirates Development Bank. Any ideas? Thank you very much

Thank you for this. I have gone through the Emirates Development Bank's website but could not find a link or similar for a business account application? Any ideas how this is done? Do we need a reference? Hello, have you figured out a solution? I am also looking into banking options for my...

Thank you very much. I am not entirely sure how EMIs work with the SWIFT system but the difficulty we are my having is that our current bank does not recognise many EMIs Swift codes. Also where can I get USD Swift code of currinxie please?

Thank you for this. Is currinxie Swift recognised by other banks? Any experince on that please? Our bank for example do not work with many EMIs. Thanks

Yep. Any update on this please?

Hello, What would be a suitable EMI option for a Rakicc company that has been trading for several years now? Any experience and or suggestions please? Thank you

Yes please PM. Thanks

Thanks. Any past or current experience with them?

Yes please I would appreciate it Would you PM me please? Thanks

Hello, do you advise on banking options for an RAK ICC company trading over 6 years with a good credit record?

I am looking for alternatives to ABC. Do you work with other banks/jurisdictions regarding RAK ICC companies? Thanks

Would hsbc share information internally between the branches in other countries?

I am also looking for banking options for an RAK ICC company.

I am having a similar problem here. Would like to know the banking options for a RAK ICC company. Any advise please?

Hi, Many thanks for this. I currently have an account but looking for alternatives. By up-to date setup do you mean a new company? Thanks

Hello everyone, Any other alternative banks for a RakIcc company please? Thanks Hi Fred, Can you also help with alternative banking options for a RAKICC company? Thanks

The problem is that our client works with a Yes could be, but SEPA is for EUR only. What about the USD or other currencies? Thanks

I have figured out that the bank has a certain list of banks & swift codes they work with, and does not send money to any Swift code. The list does not include EMIs generally with some exceptions as I understand. How it works is that I need to check each time on a case basis with the payee bank...

Thanks for this