Security Alert

Corporate

Service Charges

Please see the table below for a complete list of our service charges.

Current Accounts

(All figures in BD)
Account CurrenciesBahraini Dinar only
Initial Deposit500.000
Monthly Average Balance500.000
Fall Below Fee10.000 per Month
Cheque BookInitial 50 leafs : Waived
Additional : Fils 100 per Cheque Leaf
ATM Card - separate cards for deposit & withdrawalNil
ATM/ PIN replacementNil
Transaction Fee (including Teller Transactions)Waived for All Transactions; Fils 500 per transaction if monthly average balance is not met
Excess Teller Transactions FeeNil
Cash Handling ChargesBD cash transactns – NIL
Account StatementMonthly Statements: Waived
Daily Statement : 10 p.m.
Weekly Statement : 5 p.m.
Statement by Fax : 5 per page
Duplicate Account StatementsBD. 3 for 1 to 3 months
Account Closure FeeBD.10 (for less than 6 months)

Cheque Book Services

Cheques Collection
Local Currency Cheque clearanceWaived
GCC countries, per instrument5.000
Other Countries, per instrument5.000 + other banks charges
Cheque Return Charges
Deposit into Account - Outward ClearingWaived
Issued on Account - Inward Clearing, per instrument20.000
Special Clearing3.000
Stop Payment
Stop Payment, per instrument20.000
Stop Payment per day (Max)Per Instrument
Copies of Old Cheques/ Letters/ Other docs
Less than 1 month, per instrument5.000
Over 1 - 12 Months, per instrument10.000
Over 12 Months, per instrument25.000
Commercial Registration
Valid CR not provided in 30 days after expiry15.000
Valid CR not provided in 60 days after expiry25.000
Valid CR not provided every 30 days thereafter15.000
Custodial Services
Retain Post Dated Cheques, per instrumentNA

Remittances

Pay Order
Issuance, per instrument3.000
Cancellation, per instrument1.000
Demand Draft
Issuance, per instrument3.000
Cancellation, per instrument5.000
Stop Payment, per instrument5.000
Outward Telex Transfers (OTTs)
Issuance, per transaction7.000
Central Bank Transfers within Bahrain, per transaction3.000
Recall of TT, per transaction5.000
TT returned due to discrepancy, per transaction5.000
Inward Telex Transfers (ITTs)
Receiving Charges for Funds, per transactionWaive
Foreign Currency Cheques
Within Bahrain, per instrument10.000
Other countries, per instrument10.000
Standing Orders (SO)
Setup or Amendments, per SO5.000
Transaction Fee
Through Pay Order, per transaction3.000
Through Demand Draft, per transaction3.000
Through TT, per transaction7.000
Miscellaneous
Raising Queries on behalf of the customer, per queryNil
Swift Copy charges, per Swift Copy2.000
Auto-fax of OTT/ ITT advices (monthly charge)Nil

Other Miscellaneous

Bank Certificate / Letter Requests, per Letter
Account Balance10.000
Underformation Letters - Long Form30.000
Audit Confirmation Reports15.000
Certificate for A/C Closure10.000
Other reference letters/ confirmations (eg Ac conduct)10.000
Benefit Switch & ATM ChargesNo Provided
From Mashreq ATM MachinesNA
Non Mashreq ATM Cash Withdrawal in GCCNA
Non Mashreq ATM Balance Inquires Non GCCNA
Reject Transactions (UAE)NA
GCC ATM usageNA
International TransactionsNA
Fax response to miscellaneous queries4.000

Internet Banking

Mashreq Online (p.a.)Waive