Account Packages & Charges

Feature / Charge	Business First	Business Premium	Business Platinum
Monthly Average Balance	AED 50,000	AED 150,000	AED 350,000
Fall-Below Fee (per month)	AED 400	AED 550	AED 650
“Mashreq BIZ” Online Subscription (per month)	AED 35	AED 35	Waived
Cheque Book (per leaf)	AED 3	AED 3	AED 3
Cash Deposits (over AED 1 million)	0.1% of deposit (min AED 1,000)	0.1% of deposit (min AED 1,000)	0.1% of deposit (min AED 1,000)
Overdrawn Daily Charge	AED 50	AED 50	Waived
Duplicate Statements (branch, <12 months)	AED 250	AED 250	AED 250
Account Dormancy (monthly, ≥12 months inactivity)	AED 250	AED 250	AED 250
Account Closure (≤6 months)	AED 500	AED 250	AED 400
ATM/Debit Card & Replacement	Waived	Waived	Waived
Fax Statement (per week)	AED 100	AED 50	AED 50
(All charges subject to 5% VAT unless stated)

 

2. Eligibility Criteria

• Entity Type: UAE-based companies (LLC, free zone, branch), offshore entities meeting bank policy, freelancers with a valid freelancer permit.
• Residency: At least one authorized signatory must hold a valid UAE residence visa.
• Trade License: Must be valid and submitted within application.

Fees for Mashreq Business Accounts

Current Account Fees

Fee Type	Business First	Business Premium	Business Platinum
Monthly Average Balance Requirement	AED 50,000	AED 150,000	AED 350,000
Fall-Below Fee (per month)	AED 400	AED 550	AED 650
Cheque Book (branch request, per leaf)	AED 3	AED 3	AED 3
Cheque Book (online request)	Waived	Waived	Waived
Cash Handling (deposits > AED 1 million)	0.1% of amount, min AED 1,000	0.1% of amount, min AED 1,000	0.1% of amount, min AED 1,000
Transaction Fee (teller & ATM)	0–5 txns: Waived > 20 txns: AED 40/txn	0–7 txns: Waived > 20 txns: AED 40/txn	0–10 txns: Waived > 20 txns: AED 40/txn
Daily Overdrawn Charge	AED 50	AED 50	Waived
Duplicate Statements (branch, 0–12 months)	AED 250	AED 250	AED 250
Duplicate Statements (branch, > 12 months)	AED 300	AED 300	AED 300
Duplicate Statements (online/IVR, 0–3 months)	AED 25	AED 25	AED 25
Duplicate Statements (online/IVR, > 3–6 months)	AED 50	AED 50	AED 50
Duplicate Statements (online/IVR, > 6 months)	AED 75	AED 75	AED 75
Account Dormancy (monthly, ≥ 12 months inactivity)	AED 250	AED 250	AED 250
Account Closure Fee (≤ 6 months)	AED 500	AED 250	AED 400
ATM/Debit Card Issuance & Replacement	Waived	Waived	Waived
Fax Statement (per week)	AED 100	AED 50	AED 50
Mashreq BIZ Online Subscription (per month)	AED 35	AED 35	Waived

Post Dated Cheque (PDC) Charges

Service	Business First	Business Premium	Business Platinum
Extension of Due Date	AED 10	AED 10	Waived
Custodial Service per Cheque	AED 20	Waived	Waived
Outstanding PDC Report	AED 25	Waived	Waived
Replacement / Premature Withdrawal per Cheque	AED 25	Waived	Waived

 

Clearing & Collection Charges

Service	Business First	Business Premium	Business Platinum
Inter-City Clearing (IBCI)	AED 10	AED 10	AED 10
Special Clearing	AED 25	AED 25	AED 25
Collection within UAE	AED 50	AED 50	AED 25
Collection outside UAE	AED 100	AED 100	AED 50
Foreign Currency Cheques Purchased	AED 100	AED 100	AED 100
Cheques Returned Unpaid (inward)	AED 350	AED 350	AED 350
Cheques Returned Unpaid (outward)	AED 50	AED 50	AED 50

 

Remittance Charges

Service	Business First	Business Premium	Business Platinum
Inward Remittance Credited to Mashreq A/C	Waived	Waived	Waived
Inward Remittance Credited to Other Bank	AED 100	AED 100	AED 100
Outward Remittance (TT fee)	AED 60	AED 30	Waived
Outward Remittance (Swift copy)	Waived	Waived	Waived
Local Funds Transfer (branch)	AED 30	AED 20	AED 20
Local Funds Transfer (online)	AED 3	AED 3	Waived
International Transfer (branch, FCY)	AED 70	AED 60	AED 40
International Transfer (online, FCY)	AED 35	Waived	Waived
Cancellation of Remittance Instruction	AED 100	AED 100	AED 100

 

Standing Orders

Service	Business First	Business Premium	Business Platinum
Setup per SO	AED 100	AED 50	Waived
Amendments per SO	AED 50	AED 25	Waived
Cancellation / Suspension	AED 20	Waived	Waived
Copy of SO Instruction Application (< 6 months)	AED 50	Waived	Waived
Copy of SO Instruction Application (> 6 months)	AED 150	Waived	Waived

 

Debit Card & ATM Charges

Service	Business First	Business Premium	Business Platinum
Debit Card Issuance & Replacement	Waived	Waived	Waived
PIN Mailer Replacement	AED 25	AED 25	AED 25
Cash Withdrawal (Mashreq ATM UAE)	Waived	Waived	Waived
Cash Withdrawal (Other UAE ATM)	AED 2	AED 2	AED 2
Cash Withdrawal (GCC ATM)	AED 6	AED 6	Waived
Cash Withdrawal (International ATM)	AED 20	AED 20	AED 20
Balance Inquiry (Other UAE ATM)	AED 1	AED 1	AED 1
International Transaction Spread (non-AED)	2.5%	2.5%	2.5%

 

This comprehensive fee schedule covers all major transactional, service, and maintenance charges for Mashreq’s Business First, Business Premium, and Business Platinum accounts.