Bank | Mashreq |
Minimum Average Balance | AED 50,000.00 - AED 50,000 monthly average balance required |
Monthly Fee | AED 0.00 - No monthly fee; separate online subscription of AED 35 (AED 50 from Apr 1, 2025) |
Fall Below Fee | AED 400.00 - Fee if balance falls below AED 50,000 |
Minimum Opening Balance | Not specified in official document |
Returned Cheque Fee | Not specified |
Local Transfer Fee | Not specified |
International Transfer Fee | Not specified |
Cheque Book Details | Not specified |
Account Closure Fee | AED 500.00 - Applied if closed within 6 months; waived afterward |
Additional Info | Basic Mashreq business account with 50k required average balance |