Mashreq NeoBiz
Mashreq NeoBiz: we hold its published rules on 1 of 7 industries. Last verified October 17, 2026.
- Mashreq Bank PSC · bank licensed by the Central Bank of the UAE (CBUAE register 01.01.01.005.1967.02) · NeoBiz digital SME account
- Central Bank of the UAE ·
Where it takes companies from
Its own list of countries, quoted below with its source and date
Products it publishes
International payments and FXSays it offers this
Company cardsSays it offers this
Bulk payoutsSays it offers this
Introducing free WPS salary transfers ... Unlimited salary transfers at zero cost
Does not say it offers: Accepting card payments, Virtual accounts for your customers, Crypto on- and off-ramp, Safeguarding account, Client money account, Escrow
As its own pages say it, each quote with the date we read it. A product it does not mention is never shown as one it does not offer.
Currencies it holds
Holds EURa balance; account details of its own in this currency
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR.
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR. ... Select the currency in which the account is required. ... The IBAN and account number are instantly generated and shared via your registered email address.
Holds GBPa balance; account details of its own in this currency
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR.
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR. ... Select the currency in which the account is required. ... The IBAN and account number are instantly generated and shared via your registered email address.
Holds USDa balance; account details of its own in this currency
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR.
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR. ... Select the currency in which the account is required. ... The IBAN and account number are instantly generated and shared via your registered email address.
Holds AEDaccount details of its own on the local payment system
Pick your preferred UAE mobile number and AED account number eligible for money transfer.
Holds CADa balance; account details of its own in this currency
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR.
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR. ... Select the currency in which the account is required. ... The IBAN and account number are instantly generated and shared via your registered email address.
Holds AUDa balance; account details of its own in this currency
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR.
All major currencies are supported including EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR. ... Select the currency in which the account is required. ... The IBAN and account number are instantly generated and shared via your registered email address.
Does not say it holds: SGD, HKD
Only currencies its own pages name, each quote with the date we read it. A currency it does not mention is never shown as one it does not hold.
Where owners must live
Companies registered in the UAE with an annual turnover of up to AED 30 million are eligible to apply for a NEO BIZ account. At least one signatory should be a UAE Resident.
Policy by industry
| Industry | Status | Checked |
|---|---|---|
| Marketplace | No |
No published rule (read in full on October 9, 2026): Crypto, iGaming, Adult, Unlicensed financial services, AI and SaaS, Forex and CFD
Has this rule changed? Tell us
Alternatives to Mashreq NeoBiz
Fees
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| NEO BIZ Pro | Not stated | AED 99 a month ('AED 99 per month'); no minimum balance ('No minimum balance') and no fall-below fee ('Zero fall below fee') | · Source |
| NEO BIZ Pro Plus | Not stated | AED 199 a month ('AED 199 per month'); no minimum balance ('No minimum balance') and no fall-below fee ('Zero fall below fee') | · Source |
Closing an account
The Bank may by notice in writing and solely at its own unfettered discretion close an Account and any such closure shall be binding upon the Customer.
In case you have not received the formal final closure or are not satisfied with the final resolution, you may refer your complaint to Sanadak.
Account closed or frozen? What Mashreq NeoBiz’s terms say
Rules about countries
Companies registered in the UAE with an annual turnover of up to AED 30 million are eligible to apply for a NEO BIZ account. At least one signatory should be a UAE Resident.
What we read
- Acceptable use and prohibited activities
- Read · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB… · mashreq.com/-/jssmedia/pdfs/neobiz/neob…
- Help pages on particular industries
- Searched, none published
- Countries it takes
- Read · mashreq.com/en/uae/neobiz/faq · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB…
- Countries it refuses
- Read · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB… · mashreq.com/-/jssmedia/pdfs/neobiz/neob…
- Rules on owners and directors
- Read · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB… · mashreq.com/en/uae/neobiz/faq
- Prices
- Read · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB… · mashreq.com/en/uae/neobiz/banking-solut… · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB… · mashreq.com/-/jssmedia/pdfs/neobiz/kfs/…
- Terms on closing accounts
- Read · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB… · mashreq.com/-/jssmedia/pdfs/neobiz/NEOB…
- Complaints
- Read · mashreq.com/en/uae/customer-care/compla…
- Licence register
- Read · centralbank.ae/media/hw0lreyi/cb-regist…