Mashreq Neo Egypt Account

Now open an account digitally in Egypt from your Mashreq UAE App.

First of its kind in the UAE, digital cross-border account.

Enjoy real-time remittance with zero fees

to Egypt with Quick Remit

View your cross-border account on

Mashreq UAE Mobile App

Open your account online

with no minimum balance requirement

Why open a Mashreq Egypt Account?

Keep your money safe and accessible in Egypt while earning abroad Hold multiple currencies in one place - open EGP Account or EGP & USD Accounts Enjoy tax-free returns Track your Egypt funds anytime, anywhere right from your Mashreq UAE App

All about your Mashreq Egypt Account

Here’s what makes it unique

Lifetime free account
Open an EGP Account or dual-currency EGP and USD Accounts with full liquidity and total control over your money.
Zero fee instant transfer
Send money instantly from the UAE to Egypt with Quick Remit—zero transfer fees via Mashreq Mobile App & Online Banking.
High returns and zero tax
Earn up to 15.5% returns on your current account in Egypt. Effortlessly maximize your savings with confidence.
Free debit card
Enjoy a free Mastercard Debit Card with your account—high limits and premium lifestyle benefits.
Exclusive perks await
Enjoy curated travel, dining, and shopping perks tailored to your lifestyle with your Mashreq Egypt Account.
Experience effortless banking
Enjoy easy, secure banking with the Mashreq Mobile App— all-in-one solution for your banking needs.

Eligibility

Minimum balance
EGP 50,000 opening balance or equivalent in foreign currency.
Nationality
Egyptian nationals & expats living in the UAE and holding a Mashreq NEO Account can apply.
Age
21 years and above

Your Mashreq Egypt Account is just a few clicks away.

All you need is Mashreq NEO Account, a valid Emirates ID, and your passport.

Open your Mashreq Mobile App and tap on ‘Apply for a new product’
Select ‘Mashreq Egypt Account’
Scan your Passport
Fill in your details and select your account currency
Submit and your account is opened instantly

Transparency

Terms & Conditions
Key Facts Statement

Are you ready to apply?

Still got questions?

Your UAE relationship determines your Mashreq Egypt Account type: For Mashreq NEO Account holder, you will be able to open a Mashreq NEO Egypt Account. For Mashreq Gold Account holder, you will be able to open a Mashreq Gold Egypt Account.. For Mashreq Private Banking Account holder, you will be able to open a Mashreq Private Banking Egypt Account.
For Mashreq NEO Egypt Account, you need to maintain minimum relationship balance of EGP 50,000 (or equivalent in FCY) or above. For Mashreq Gold Egypt Account, you need to maintain minimum relationship balance of EGP 10,000 (or equivalent in FCY) or above. For Mashreq Private Banking Egypt Account, you need to maintain a combined minimum relationship balance of USD 1M or equivalent between Egypt and the UAE accounts, with at least USD 250K at each location.
If the minimum balance is not maintained, a 'Fall Below Fee' will be charged based on your account segment: Mashreq NEO Egypt Account: Fall Below Fee is EGP 100. Mashreq Gold & Private Banking Egypt Accounts: No Fall Below Fee.
There is no account opening fee.
Debit card issuance charge is free of charge.
No, transferring funds via Quick Remit on the Mashreq UAE App is free of charge.

Download Mashreq Mobile App – top-rated banking app in the UAE