Tariffs & Charges

Current Accounts

	Proposed SME account -Doha
Account Currencies	QAR, USD, GBP, JPY, AED, EUR
Initial Deposit	QAR 5,000 or equivalent in other currencies
Monthly Average Balance	QAR 10,000 or equivalent in other currencies
Fall Below Fee	QAR 25 charged for QAR account but no charging for FCY accounts
Cheque Book	Automated
ATM Card - separate cards for deposit & withdrawal	Nil
ATM/ PIN replacement	QAR 50
Transaction Fee (including Teller Transactions)	Waived for All Transactions; QAR 5 per transaction if monthly average balance is not met
Excess Teller Transactions Fee	NA
Cash Handling Charges	QAR cash transactns – NIL USD cash transactns – 1% of Cash Value*, GBP/ EUR cash transactions – 2% of Cash Value
Account Statement	Quarterly Statements: Waived Daily Statement : QAR 100 p.m. Weekly Statement : QAR 50 p.m. Statement by Fax : QAR 50 per page
Duplicate Account Statements	Last 3 months : Waived More than 3 months : QAR 15 per page
Account Closure Fee	Waived

Cheque Book Services

	All amounts in QAR
Cheques Collection
Local Currency Cheque clearance	Waived
GCC countries, per instrument	QAR 40
Other Countries, per instrument	QAR 30 + other bank charges
Cheque Return Charges
Deposit into Account - Outward Clearing	Waived
Issued on Account - Inward Clearing, per instrument	200
Stop Payment
Stop Payment, per instrument	200
Stop Payment per day (Max)	500
Copies of Old Cheques/ Letters/ Other docs
Less than 1 month, per instrument	60
Over 1 - 12 Months, per instrument	100
Over 12 Months, per instrument	250
Trade License
Valid TL not provided in 30 days after expiry	150
Valid TL not provided in 60 days after expiry	250
Valid TL not provided every 30 days thereafter	150
Custodial Services
Retain Post Dated Cheques, per instrument	15

Remittances

	(All figures in QAR)
Pay Order
Issuance, per instrument	25
Cancellation, per instrument	10
Demand Draft
Issuance, per instrument	50
Cancellation, per instrument	15
Stop Payment, per instrument	50
Outward Telex Transfers (OTTs)
Issuance, per transaction	50
Central Bank Transfers within UAE in AED, per transaction	15
Recall of TT, per transaction	50
TT returned due to discrepancy, per transaction	50
Inward Telex Transfers (ITTs)
Receiving Charges for Funds, per transaction	Nil
Foreign Currency Cheques
Within country, per instrument	30 + other bank charges
Other countries, per instrument	0.125% min QAR 50 + other bank charges
Standing Orders (SO)
Setup or Amendments, per SO	40
Transaction Fee
Through Pay Order, per transaction	20
Through Demand Draft, per transaction	30
Through TT, per transaction	60
Miscellaneous
Raising Queries on behalf of the customer, per query	40
Swift Copy charges, per Swift Copy	25
Auto-fax of OTT/ ITT advices (monthly charge)	100

Other Miscellaneous

	(All figures in QAR)
Bank Certificate/ Letter Requests, per Letter
Account Balance	100
Underformation Letters - Long Form	500
Underformation Letters - Short Form	300
Audit Confirmation Reports	100
Certificate for A/C Closure	150
Other reference letters/ confirmations (eg Ac conduct)	100
Central Bank Switch & ATM Charges
From Mashreq ATM Machines (Qatar)	As applicable in the normal course
Non Mashreq ATM Cash Withdrawal (Qatar)	As applicable in the normal course
Non Mashreq ATM Balance Inquires (Qatar)	As applicable in the normal course
Reject Transactions (Qatar)	As applicable in the normal course
GCC ATM usage	As applicable in the normal course
International Transactions	As applicable in the normal course
Fax response to miscellaneous queries	40

INTERNET BANKING

	(All figures in AED)
Mashreq Online (p.a.)	Free

* All fees and charges listed herein apply only for normal transactions and to Mashreqbank customer only
* Any charges levied by the Correspondent Bank will be recovered where incurred
* All terms and conditions mentioned here are subject to change without notice.

Corporate