Account Services
Mashreq offers account services in seven currencies at five locations. With low or no minimum balance requirements, you can earn credit interest on balances above an agreed level. MT 940 statements are available free of cost with hard copies of daily/monthly statements provided based on requirements. With multiligual customer representatives at each location, you get the service you need to maximize the value of your account.
Additional Services Include
Automatic Investment Program
An overnight investment service at New York. The Automatic Investment Program allows you to invest funds in excess of a mutually agreed account balance. The enrollment process is completed within 24 hours and interest on the account is paid daily
Online account services
Using the Online Services for Financial Institutions, you can view your accounts online in multiple formats i.e. as a Balance Summary, an Account Statement or a complete history of each transaction. Available 24/7 the system gives you the flexibility to view your data any time and there will always be a minimum of 1 years data available on your account
BAR – Branch Activity Reporting System
This automates the transactions in your Nostro account by identifying and matching each debit and credit transaction to the respective branch of your bank. These matched transactions are then directly advised to the concerned branches.
Note: All the above features may not be available at all our locations.