Mashreq Neo

The official Mashreq Neo utility for Android smartphones has been developed by the digital bank of the same name. The application provides the ability to utilize remote banking services within the UAE.

Internet banking

According to World Finance, Mashreq Neo is recognized as the best banking utility in the Middle East in 2020. The application provides the ability to open an account without visiting a bank office. To accomplish this task, as in the case of the FAB Mobile utility, it is enough to use Emirates ID - an electronic ID card. The utility allows you to order the receipt of a Visa debit card free of charge, which is delivered to the address specified by the client. It is possible to transfer salary crediting to the Mashreq Neo bank account and then receive cashback. There are no minimum balance restrictions in online banking. After registering an account, a bonus of 150 UAE dirhams is credited to the user's account.

Other services

With the help of the program, you can transfer money abroad with a minimum commission fee in more than 30 states. The application provides fast money transfers by phone number. The utility provides the ability to pay for telecommunication and utility services, pay bills, as well as credit money to electronic wallets. Cash withdrawals are available at hundreds of ATMs located throughout the UAE. Internet banking allows you to open a savings account with a rate of about 1.5% per annum. A few button clicks are all it takes to get a loan. The program periodically draws certificates of up to 1000 UAE dirhams. Global share trading accounts are available.

Main features

• the application allows you to use the services of a digital bank in the UAE;
• the program can be downloaded and used free of charge;
• payment for services is available;
• deposits and investments are supported;
• you can get a loan;
• the utility is compatible with working versions of Android OS.