RAK Bank has announced new cryptocurrency transaction limits for its UAE customers, effective by the second quarter of 2026. The limits vary by customer tier: standard retail customers are capped at AED 240,000 (USD 65,000), RAK Bank Select customers at AED 576,000 (USD 157,000), and RAK Bank Elite customers at AED 6,000,000 (USD 1,600,000). These limits are based on cumulative net purchases, and customers can apply for higher limits with appropriate documentation. RAK Bank, in partnership with BitPanda, was the first in the UAE to offer crypto brokerage services via a mobile app in 2025.
RAK Bank Imposes Crypto Transaction Limits for UAE Clients
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