- HQ
- Dubai
- Fee
- AED 0 if salary ≥ AED 5,000 or spend/balance waivers; else AED 25/mo

Mashreqbank PSC digital brand. CBUAE. Not a separate digital-bank licence. Not Liv.
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Our take
Mashreq NEO is Mashreqbank PSC. CBUAE. The deposit sits at Mashreq. NEO BIZ and the July 2026 NEO On Arrival visitor SKU are products, not a second charter. Liv is Emirates NBD. Wio is a digital bank. Three UAE objects. Directories call NEO a neobank because the letters are Latin. This desk writes Mashreqbank PSC.
Dubai incumbent, digital skin from 2019. Euromoney still hands Mashreq digital-bank trophies in 2026. Trophies are not a licence class. The CBUAE name is.
Mashreq NEO lists Digital brand of Mashreqbank PSC. Not a separate CBUAE digital-bank licence under Central Bank of the UAE in United Arab Emirates. On safeguarding we currently write: UAE bank-deposit protection follows Mashreqbank PSC as a CBUAE licensed bank. NEO is a brand — shared with other Mashreq deposits. Confirm the live scheme copy.. Holder / issuer line: Mashreqbank PSC. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Digital SKUs including NEO BIZ — confirm live; FX Bank tariff; ATM Mashreq network. This desk would open it for: UAE residents and firms who want Mashreq in an app, not Emirates NBD’s Liv.
What it does well: Named CBUAE bank; NEO BIZ is still Mashreq; Visitor SKU is a 2026 product, not a second licence. What to watch: UAE-resident / visa; Shared cap with Mashreq; Fee schedule is bank-shaped. Desk score 7.3 / 10 (safety 8.2, fees 7.0, features 7.6, app 7.8). Last verified 2026-08-30. Headquartered in Dubai, United Arab Emirates; founded 2019. None of this is advice — it is a file so you can read the entity before the card colour.
Best for: UAE residents and firms who want Mashreq in an app, not Emirates NBD’s Liv.
UAE bank-deposit protection follows Mashreqbank PSC as a CBUAE licensed bank. NEO is a brand — shared with other Mashreq deposits. Confirm the live scheme copy.
Holder / issuer: Mashreqbank PSC
Product
Still Mashreqbank PSC. CBUAE. Not a separate digital-bank licence. Not Liv.
Mashreq NEO holds a banking-style licence (Central Bank of the UAE). Still read the legal entity on the statement, not the app icon.
UAE bank-deposit protection follows Mashreqbank PSC as a CBUAE licensed bank. NEO is a brand — shared with other Mashreq deposits. Confirm the live scheme copy.
We list 1 market desk on the desk. Residency and onboarding rules still sit with Mashreq NEO.
visa · physical · virtual · Apple Pay · Google Pay
No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.