| Annual Fee | Islamic Banking | Minimum Balance | Multiple Currencies | |
|---|---|---|---|---|
Mashreq Business Premium Account
|
Annual Fee: AED 0 | Islamic Banking: No | Minimum Balance: AED 150,000 | Multiple Currencies: No |
Mashreq Business Premium Account Features:
- Value-added transaction Account across multiple currencies with preferential tariff
- Discounted Remittances and Account services
- Free teller transactions and Cheque books
- Discounted foreign exchange rates
- Business Online Banking platform providing Account management at your fingertips
- Visa Business Debit Card with high transaction limits and host of benefits
- Preferential tariff on our range of business financing products
- Minimum Monthly balance - AED 150,000 or equivalent in other currencies
- No relationship fee. If balance goes lower, AED 400 per month will be charged
- Currency Types - AED, USD & Euro, GBP, CNY, JPY
- Earn Salam Points on credit cards/debit cards
- Cheque Book - Waived
- Cash Handling Charges - AED cash transactions less than 1 Mil - NIL For AED 1 M or more 0.01% of cash value or AED 100 whichever is higher
- Account Statement - Monthly/Quarterly Statements: Waived; Daily Statement : AED 50 p.m.; Weekly Statement : AED 25 p.m.; Statement by Fax : AED 50 per week
- Duplicate Account Statements - Waived
- Daily charges upon account being overdrawn - AED 50
- Account Closure Fee - Less than 6 months AED 250. More than 6 months waived.
