Open Mashreq Bank Account in the UAE (Easy Steps)

People doing business in the UAE, salaried, or visiting Dubai must have a bank account. With the help of a bank account, you can better manage your finances on a day-to-day basis, such as paying bills, sending or receiving payments to someone, recharging a travel card, etc. In today’s article, we will tell you how you can open Mashreq bank account online or offline.

Also, Mashreq Bank will discuss with you the types of bank accounts, eligibility and other important matters. Read today’s complete article to open a Mashreq Bank account in UAE and use the account without any hassle.

Eligibility Requirements Opening Mashreq Bank Account

Mashreq Bank is a leading bank based in Dubai, United Arab Emirates. The aim of this bank is to fulfill the financial needs of the customers by providing various financial services. Opening a Mashreq Bank account in the UAE is a straightforward and hassle-free process. There are a few things to keep in mind before opening an Eastern Bank account.

Eligibility Requirements
Eligibility	You must be 18 years old
Minimum Balance	Fees vary by account
Fees	Fees vary by account
Documents	Emirates ID, proof of address, proof of income, passport, visa (if applicable)

To open your account in Mashreq or any bank account in the UAE, you must have an Emirates ID, Proof of Address, Proof of Income, Passport, and Visa (if applicable). Without it, you cannot open a Mashreq bank account in UAE.

Mashreq Bank Account Types

• Current Account: This is the most common Mashreq bank account. Great for day-to-day transactions in your account. In this account, you get a debit card and checkbook. You can withdraw money from ATMs using a debit or credit card, shop at point-of-sale (POS) terminals, and conduct online transactions.

• Saving Account: Savings account is for people who want to keep their savings safe and earn interest on it. This account is available in different currencies and earns interest at different rates.

• Deposit Account: Mashreq Bank offers different types of deposit accounts that provide investment opportunities for different tenures. In these accounts, customers are given reasonable interest on depositing money for a fixed period.

• Smart Saving Account: This account is for those who are looking for high profit opportunities. This account requires a minimum balance, and provides monthly benefits to users.

• Gold Saving Account: Gold Saving Account provides the facility of savings to the users along with investment. A reasonable interest is paid on the amount deposited in this account and it can also be used to buy gold.

• No minimum balance account: Mashreq Bank also offers no minimum balance accounts, which are perfect for those who want to avoid the requirement of maintaining a minimum balance in their account.

Open Mashreq Bank Account

If you have all the documents mentioned above available and you have selected your preferred account, now you can open your account with the Mashreq Bank online app or by visiting the branch, both methods are described below.

Mashreq bank account can be opened with the help of the 2 methods mentioned above.

Funding Your Account

Mashreq bank account has no minimum deposit limit. But still, if you want to deposit some funds in your account you can do it. It will also help you get your bank account number. Don’t hesitate to receive your ATM card, or checkbook from the bank in 5-7 days.

How to check Mashreq balance online

There are many ways to check Mashreq bank balance, one of which is the online method. After downloading the Mashreq Bank app on your mobile, sign in to the app. After entering the credentials in the app, you will receive an OTP on your registered number Enter your OTP in the app. Once the dashboard of the app opens, click on My Cards and check your current balance.

Conclusion

Opening a bank account in the UAE is an easy and convenient process. This will make you feel good about managing your financial life. It will help you to live and earn in UAE and with the help of the app you can check your Mashreq bank balance anywhere.

With the help of all the information given in this article, you can open a Mashreq bank account in a few minutes. If you have any other queries, you can contact the Mashreq bank directly.

FAQs