Schedule Of Charges

Trader Pro
Most Popular
Basic 		Advance
Key Charges
Monthly Average Balance NIL NIL AED 50,000
Fall Below Fee NIL NIL AED 200 per month
Relationship Fee AED 200 per month AED 200 per month NIL
Funds Transfer (in AED currency within UAE) 10 Free* monthly transaction & AED 2 afterwards 10 Free* monthly transaction & AED 2 afterwards 12 Free* monthly transaction & AED 2 afterwards
International or Local Funds Transfer in non-AED currency (Excluding Correspondent bank charges) AED 20 per transaction AED 20 per transaction AED 50 per transaction
Account Closure Fee Within 0-6 months AED 100; Over 6 months Waived Within 0-6 months AED 100; Over 6 months Waived Within 0-6 months AED 500; Over 6 months Waived
Debit Card Charges
From Mashreq ATM Machines (UAE) Waived Waived Waived
Non Mashreq ATM Balance Inquiry & Cash Withdrawal (UAE) 10 Free per month (Thereafter AED 2 per transaction) 10 Free per month (Thereafter AED 2 per transaction) 10 Free per month (Thereafter AED 2 per transaction)
Reject Transactions (UAE) AED 1 AED 1 AED 1
Cash Withdrawal (Within GCC - outside UAE) AED 6 per transaction AED 6 per transaction AED 6 per transaction
Cash Withdrawal (Outside GCC) AED 20 per transaction AED 20 per transaction AED 20 per transaction
Other Charges
Branch Teller Charges
(Cash/Cheque/Fund Transfer)		 2% of Transaction amount or
AED 200
(whichever is higher)		 2% of Transaction amount or
AED 200
(whichever is higher)		 2% of Transaction amount or
AED 200
(whichever is higher)
Cheque Books AED 1 (per leaf)
(Second cheque Book Onwards)		 AED 1 (per leaf)
(Second cheque Book Onwards)		 AED 1 (per leaf)
(Second cheque Book Onwards)
Salary Payment AED 5 per record or AED 100 per file
(whichever is higher) 		AED 5 per record or AED 100 per file
(whichever is higher) 		AED 5 per record or AED 100 per file
(whichever is higher)
Demand Draft & Pay order issuance AED 50 AED 50 AED 50
Bank Letters (IBAN / Balance Confirmation / Audit Letter) AED 100 AED 100 AED 100
Funds Transfer Amendment / Cancellation AED 100 AED 100 AED 100
Duplicate Account Statements AED 100 per statement AED 100 per statement AED 100 per statement
Daily charges upon account being overdrawn AED 100 per day AED 100 per day AED 100 per day
Valid TL not provided within 30 days after expiry AED 300 per month AED 300 per month AED 300 per month
Post Dated Cheque Management (Extension / Report / Replacement, etc.) AED 100 AED 100 AED 100
Stop Payment (Cheque, Pay Order, Demand Draft) AED 200 AED 200 AED 200
*For Free Fund transfer, charges will be reversed at the end of the month if monthly average balance is maintained. For Trader Pro and Basic – first 9 local fund transfers and first international fund transfer will be free. For Advance - first 11 local fund transfers and first international fund transfer will be free.
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