JOHNNY DOETHE LIFE WHISPERER

Mashreq NeoBiz EMI

JohnLocke

replies
3
views
208
FredQuiet Authority
Joined
Sep 2019
Messages
2,159

#2

Mashreq NeoBiz takes on average 4 weeks to verify the Business Bank Account and a personal meeting with a Mashreq Banker is necessary after the compliance approved your account to activate the online banking.

Personal Flat rent agreement or office rent agreement needs to be provided - a good service provider should manage this like we do.

It's the closest to an EMI account opening Dubai Banks have to offer right now for Business Bank Accounts.

However the classic banks can still be better utilised for account opening with a quick simple in person meeting for taking signatures and then no further meeting is required - this is especially for people with a short business trip to Dubai important and for everyone that just want to have the business & finance based in Dubai but keep living most of the time abroad.

The real advantage of Mshreq NeoBiz is the 0 balance - that's the most interesting point about them.

JimBeamRecognized Voice
Joined
Jan 2017
Messages
924

#3

I don't think they are actually EMI - I think they are Neobank

Fred said:

Personal Flat rent agreement or office rent agreement needs to be provided - a good service provider should manage this like we do.

Can you explain how you managed this (you can in PM if you like).

Everything else you wrote is correct.

loryRecognized Voice
Joined
Jul 2020
Messages
863

#4

Fred said:

Personal Flat rent agreement or office rent agreement needs to be provided - a good service provider should manage this like we do.

You can do that for Dubai office space ?

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