Your choices include the following: All banking transactions requested by Mashreq customers are governed by Bank’s Terms and Conditions that might change from time to time according to Mashreq Bank’s sole discretion. DMCC members, which include startups, SMEs and entrepreneurs, will benefit from comprehensive support in opening a Mashreq NEOBiz digital bank account, enabling them to enjoy convenient, secure and cost-effective banking services and focus fully on their core … Our long-term vision for NEOBiz is that it enables customers to focus on and expand their business. All Rights Reserved,, Personal information (name, address and account number), Account information (type of accounts, account balances and transaction history), Transaction information (dates, amounts, locations and type of transaction), Receive marketing communications through any channel (Snail mail, Email, SMS, Tele calling), Receive marketing communications through SMS and email only, Receive marketing communications through SMS only, Receive marketing communications through email only, Communicate only through Relationship Manager (Applicable to Mashreq Gold customers only). While we may assist in offering financial products and services of our affiliates or other financial service providers, we control the customer information used in connection with these offers. Being a digital-only proposition, NEOBiz is also a lot more economical and gives the customer choices with complete transparency and flat fees. Both on your website and other media. In order to provide financial services to you, we share certain information about you with our affiliates (click here for a list of affiliates). Unable to … NeoBiz is initially aimed at the startups and the small businesses. You can always review our current Policy on our website at: Mashreq adopted a range of different measures to help businesses. NEOBiz Contact Center*: +971 4 4244550 *Service hours are from Sat - Thu 8AM - 8PM *24/7 Services for Card & Online blocking only Generally, e-mail communication over the Internet cannot be assumed to be secure. Mashreq NEOBiz - Zoho Books Zoho has partnered with Mashreq, the the oldest privately owned bank in the United Arab Emirates to launch Mashreq’s NEOBiz, a digital business platform. For the SMEs, it acts as a one-stop shop and again delivers superior value proposition. This includes retaining information you provide us on any online application, Internet banking transaction or information you send to us by e-mail. Click Add user to add more users. While the overall outlook remains uncertain, we see positive signs as the world reopens and business activity begins to improve. Our Digital Banking and Online Banking platforms focus on providing you the access you need, when and where you need it. We have measures in place to protect the integrity of customer information such as maintaining back-up copies of account data in the event of power outages or other business interruptions. Our firewalls protect Mashreqbank’s systems, only permitting access to authorized users. A trend that has accelerated significantly in the banking landscape for SMEs has been through financial innovation and growth in fintechs. The other big opportunity for digital only banks is the ability to build upon the community of users. First Branchless Banking Designed to fit your digital lifestyle and allowing customers to do all the banking related Copyright © 2019 Mashreq Neo. Our affiliates maintain the same privacy standards as the Bank. Contact us Refer & Earn lockGolden Summer lockLogin descriptionOpen Account Contact Neo Need help? A sizeable number of our business banking loan customers received help in the form of payment holidays with no extra fees and charges, while those holding a basic account benefited from a reduction of the minimum balance requirement and a removal of the levy for the fall-below fee. We have procedures and processes for updating our customer information as well as removing old, outdated information. Choose Mashreq for your Credit Cards, Personal Loans, Investments, Insurance and much more. When you log onto our website, you will only be able to successfully access it if your computer has an up-to-date browser (i.e., Internet Explorer, FireFox, Mozilla, Netscape, etc) that operates at a high level of data encryption (128 bit). To protect the information you provide to us online, we use multiple levels of security. This website/application uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. We retain personal information from any application you submit for deposit accounts, Electronic Fund Transfers (EFT) services, loans or other Bank services. The opt out does not affect this. To find out more about the cookies and data we use, please check out our, Dear Reader, please register to read, Password should have minimum 7 characters with at least one letter and number, UAE GDP to contract by 6% in 2020: Central Bank, Investors should not try to sit out this turbulence, Open Banking fills up gaps in understanding consumers, UAE airlines drop flights to Oman and Kuwait, Developers must stop flooding property: Damac chief, UAE airlines stop Saudi flights with immediate effect, Dubai: Residents opting for bigger houses, lower rents. Al Mashreq NEOBiz is the worst account… Al Mashreq NEOBiz is the worst account you would ever experience unlike any other bank in the UAE, they made you sign a lot of papers and explain to you how simple and fast and easy to open a business account within 72 hours but what they don’t tell you is that they will charge you 2% on each time you try to withdraw money from your account. Mashreq Bank offers a range of banking solutions to suit your needs. We may collect personal and financial information about you that is "non-public." This is of immense value to young businesses and SMEs. Privacy Policy. We also extended support to our NEOBiz customers by waiving the monthly fee for account holders. Terms of Use During times of crisis, SMEs are often one of the hardest-hit segments owing to their smaller workforce and lean operations, which increases their vulnerability to systemic shocks. Our employees and contractors have access to such customer information as necessary to conduct a transaction or respond to your inquiries. We use computer virus detection and eradication software and employ other technical means (known as "firewalls") to protect against unauthorized computer entry into systems containing customer information. Only registered users will have an access to mashreqonline by using their password. This ensures that there is an adequate level of security for online activity. We will continue to review our internal security controls to safeguard your customer information as we employ new technology in the future. Features Mashreq NeoBiz provides 3 different digital banking business accounts - Basic, Trader Pro, and Advance Business with an annual turnover up to AED 30 Million are eligible to get Mashreq NeoBiz account