Limited Time Offer · Digital Bank · UAE
Mashreq NeoBiz
The digital SME arm of Mashreq — startup-friendly onboarding backed by a 55-year-old bank.
5–10 business daysMin balance: Not requiredAED 99/mo (Pro) / AED 199/mo (Plus)
Highlights & benefits
Backed by Mashreq
Digital experience with the strength of an established UAE bank.
Startup Friendly
Accepts new companies and first-time founders with clear criteria.
Zero Balance Plans
Plans from AED 99/month with no minimum balance commitment.
Full Banking Suite
Cards, transfers, payroll (WPS) and trade services as you grow.
Resources
Account Opening Process
- 1Submit your request and pay online — a banking specialist is assigned
- 2Document checklist shared and your file reviewed for compliance
- 3Application submitted to the bank with supporting documents
- 4Bank KYC review — we handle queries and clarifications
- 5Video/branch verification call scheduled
- 6Account opened — IBAN issued and online banking activated
Required Documents
- 1Trade license copy
- 2Certificate of incorporation / MOA
- 3Passport + visa copies of all shareholders
- 4Emirates ID of signatories
- 5Company bank statements or personal statements (6 months)
- 6Business plan / invoices demonstrating activity
- 7Office lease or flexi-desk agreement
Plans & Pricing
Compare plans and features
| Feature | Essential AED 1 | Premium AED 999 Recommended |
|---|---|---|
| Dedicated relationship manager | ||
| Bank meeting scheduling & accompaniment | ||
| Priority escalation with the bank | ||
| Compliance query handling until activation | ||
| Document checklist and review | ||
| Application submission | ||
| Status tracking | ||
| Email support with the bank |
Documents from the authority
Frequently asked questions
Yes — NeoBiz is designed for startups and SMEs, including newly formed free zone and mainland companies.
Plus (AED 199/mo) adds higher free-transfer allowances, FX benefits and priority support over Pro (AED 99/mo).
Typically 5–10 business days depending on your activity and document completeness.
Terms & conditions
Companies must maintain proper records and provide accurate documentation during the process.
The bank reserves the right to request additional documents or clarifications during the process.
Dubai Business License facilitates the account opening process and is not responsible for the bank’s final approval or rejection decision. Banks reserve the right to decline any application based on their own KYC and compliance criteria.
PRICING DETAILS
1
Note: the payment is prepaid.
100% Money Back Guarantee
Full refund guarantee and no questions asked.
Real Time Dashboard
Track your application status live.
24×7 Operational Support
Round-the-clock support, every day, any time.