Currency-wise cut-off time for Fund Transfers

Currency

Cut-off time

Value Date

Holiday

AED

AED 07:00 PM Same day Sunday

GCC Currencies - BHD, KWD, OMR, QAR, SAR

GCC Currencies
BHD, KWD, OMR, QAR, SAR 		04:00 PM Next Business Day Friday

EUR, GBP, USD

EUR, GBP, USD 04:00 PM Next Business Day Saturday & Sunday

All other foreign currencies*

All other foreign currencies* 04:00 PM 2 Business Days Saturday & Sunday
*
For AED-INR fund transfers to India Cut off time, please refer to the RAKMoney transfer disclaimer note
*
Please note that cross currency transactions within Rakbank accounts are permitted only between 6:00 AM - 6:00 PM UAE time on a working day
*
Processing Period is subject to change on holidays for the respective currencies