Open a business account

Mashreq NeoBiz

Bank

Mashreq NEO BIZ is the UAE‑based digital business banking platform from Mashreq Bank, offering fast online account opening, multi‑currency business accounts and mobile banking designed for SMEs and entrepreneurs in the UAE.

Open a business account

Choose the business account package that suits your company needs.

Accepts non-resident companies

Bankers or managers cheque

Cash deposits

Dedicated account manager

Multi-currency account

Overdraft facility

Remote onboarding

Mashreq NeoBiz Lite Plan
Monthly Fee
AED 200

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A digital business account designed for small UAE-based companies and startups with low entry requirements.

Includes:

No minimum average balance requirement
Free local fund transfers and free WPS salary transfers
One complimentary cheque book (first issue) and one free VISA debit card per entity (for the signatory only)
Daily withdrawal and transaction limits of AED 100,000
Monthly withdrawal limit of AED 500,000, with at least one partner or POA holder being a UAE resident

Time to onboard

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1 week

Account opening fee

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AED 0

Monthly Fee

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AED 200

Mashreq NeoBiz Prime Plan
Monthly Fee
Free

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A digital business account designed for established UAE-based businesses seeking higher limits and reduced maintenance requirements.

Includes:

AED 50,000 monthly average balance with no monthly maintenance fee
Free local fund transfers and free WPS salary transfers
AED 200 fall-below fee if the minimum balance is not maintained
Higher eligibility for business banking privileges
A structure where at least one partner or power of attorney holder is a UAE resident

Time to onboard

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1 week

Account opening fee

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AED 0

Monthly Fee

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Free

Mashreq NeoBiz