Wednesday 13, June 2018 by Kudakwashe

RAKBank upgrades Business Banking software

RAKBank has partnered with Sage to provide accounting software to support the bank’s business banking customers of all sizes and across all industries.


The partnership will aid RAKBank’s business customers to benefit from Sage Business Cloud Accounting software at preferential rates and will enable the bank’s customers to easily manage their businesses in compliance with the value-added tax (VAT).

According to Dhiraj Kunwar, RAKBank’s Managing Director of Business Banking, “RAKBANK’s partnership with Sage will offer our Business Banking customers new features that meet all their VAT and accounting needs.”

Sage’s five VAT accounting products were accredited by the UAE Federal Tax Authority earlier this year in March and are on the approved accounting software list.


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