Mashreq NEO BIZ

Digital business bank account

Online business account opening with multi-currency and payroll tools.

Explore

At a glance

Key facts

PlansTrader Pro, Lite, Prime, Pro and Pro Plus

OpeningOnline application without branch visit

CurrenciesMulti-currency accounts

PayrollWPS tools

EligibilityOwners and signatories must be adults; annual turnover up to AED 100 million; individual owners with no layered structure; one UAE-resident partner or authorised person

Debit cardOne card per entity for single-signatory accounts; not issued to powers of attorney

See plans

Fees

Trader Pro monthly fee · per monthAED 210

Lite monthly fee · per monthAED 210

Pro monthly fee · per monthAED 103.95

See all fees

Use cases

Use casesBusiness accounts, International payments, Payroll

Plans

Trader Pro

AED 210 per month

Minimum monthly average balanceNone

Foreign or non-AED transferAED 42 plus correspondent charges

Additional cheque leavesAED 1.05 each

Lite

AED 210 per month

Minimum monthly average balanceNone

Foreign or non-AED transferAED 42 plus correspondent charges

Additional cheque leavesAED 1.05 each

Prime

Free per month

Minimum monthly average balanceAED 50,000

Below-balance chargeAED 210 monthly

Foreign or non-AED transferAED 26.25 plus correspondent charges

Pro

AED 103.95 per month

Minimum monthly average balanceNone

Foreign or non-AED transferAED 52.50 plus correspondent charges

Additional cheque leavesAED 1.05 each

Pro Plus

AED 208.95 per month

Minimum monthly average balanceNone

Foreign or non-AED transferAED 26.25 plus correspondent charges

Additional cheque leavesWaived

Welcome interest3% yearly for first 90 days on AED or USD balances in newly opened accounts; upgrades excluded

Fees

210AED

Trader Pro monthly fee · per month

210AED

Lite monthly fee · per month

103.95AED

Pro monthly fee · per month

Pro Plus monthly fee · per monthAED 208.95

Prime below-balance fee · per monthAED 210 per month below AED 50,000

Prime monthly maintenance fee · per monthFree monthly maintenance

Trader Pro International or local non-AED transfer · per transferAED 42.00 per transfer plus correspondent charges*

*Correspondent-bank charges can apply in addition.

Lite International or local non-AED transfer · per transferAED 42.00 per transfer plus correspondent charges*

*Correspondent-bank charges can apply in addition.

Prime International or local non-AED transfer · per transferAED 26.25 per transfer plus correspondent charges*

*Correspondent-bank charges can apply in addition.

Pro International or local non-AED transfer · per transferAED 52.50 per transfer plus correspondent charges*

*Correspondent-bank charges can apply in addition.

Pro Plus International or local non-AED transfer · per transferAED 26.25 per transfer plus correspondent charges*

*Correspondent-bank charges can apply in addition.

Trader Pro Cheque book after first free book · per transactionAED 1.05 per leaf; Pro Plus waived

Lite Cheque book after first free book · per transactionAED 1.05 per leaf; Pro Plus waived

Prime Cheque book after first free book · per transactionAED 1.05 per leaf; Pro Plus waived

Pro Cheque book after first free book · per transactionAED 1.05 per leaf; Pro Plus waived

Pro Plus Cheque book after first free book · per transactionAED 0.00 per leaf; Pro Plus waived

Account closure within six months · one-timeAED 105.00 ; waived in five-working-day cooling-off period

Non-Mashreq UAE ATM withdrawal · per transactionAED 2.10 per withdrawal

Non-Mashreq UAE ATM balance inquiry · per transactionAED 1.05 per inquiry

GCC ATM withdrawal · per transactionAED 6.30 per withdrawal

GCC ATM balance inquiry · per transactionAED 3.15 per inquiry

ATM withdrawal outside GCC · per transactionAED 21.00 per withdrawal

ATM balance inquiry outside GCC · per transactionAED 3.15 per inquiry

Branch teller cash, cheque or transfer · per transactionAED 210.00 minimum per transaction, or 2.1% of transaction value if higher

Duplicate account statement · per transactionAED 105.00 per statement

Overdrawn account · per transactionAED 105.00 per day

Expired trade licence · per monthAED 315.00 per month after 30-day grace

Balance confirmation letter · per transactionAED 105.00 per letter

Trader Pro Under-formation long-form letter · per transactionAED 708.75 per letter

Lite Under-formation long-form letter · per transactionAED 708.75 per letter

Prime Under-formation long-form letter · per transactionAED 1,050.00 per letter

Pro Under-formation long-form letter · per transactionAED 708.75 per letter

Pro Plus Under-formation long-form letter · per transactionAED 1,050.00 per letter

Trader Pro Under-formation short-form letter · per transactionAED 315.00 per letter

Lite Under-formation short-form letter · per transactionAED 315.00 per letter

Prime Under-formation short-form letter · per transactionAED 1,050.00 per letter

Pro Under-formation short-form letter · per transactionAED 315.00 per letter

Pro Plus Under-formation short-form letter · per transactionAED 1,050.00 per letter

Audit confirmation report · per transactionAED 105.00 per report

Account closure certificate · per transactionAED 157.50 per certificate

Remittance credited to another bank · per transferAED 105.00 per remittance

Demand draft or pay order · per transactionAED 31.50 per issue

Standing order setup · one-timeAED 105.00 per instruction

Standing order amendment · per transactionAED 52.50 per instruction

Standing order with insufficient funds · per transactionAED 63.00 per instruction

Stop cheque · per transactionAED 210.00 per cheque

Non-WPS salary to another bank · per transactionAED 10.50 per record; minimum AED 52.50 per file

Special cheque clearing · per transactionAED 215.25 per cheque

Debit-card international transaction in non-AED · per transaction2.5% plus about 1.15% card-network processing

Debit-card international transaction in AED · per transaction1.25% plus about 1.15% card-network processing

WPS salary to Mashreq or other bank · per transactionFree on all five packages

Local AED transfer · per transferFree on all five packages

Good to know

Trade licence renewal

After expiry, a monthly charge may begin at 30 days, cheque book access may stop at 90 days, and debit transactions may freeze at 180 days.

Account eligibility

At least one partner or authorised representative must live in the UAE; layered ownership structures are not eligible for NEO BIZ.

Important stuff

Mashreq NEO BIZ schedule of charges (July 2026)

Opens in a new tab

Mashreq NEO BIZ key facts

Opens in a new tab

Mashreq NEO BIZ terms