The first FREE fully integrated digital business account
Technology aligned with impactful financing solutions designed to boost growth of Corporate and SME businesses.
Free Business Bank Account for all businesses
Open a Business Account for any type of business with just a few simple steps. There is no requirement for a minimum balance, and you won't incur any monthly fees! Al Maryah Community Bank offers convenient online Corporate Banking solutions that make managing your business's day-to-day banking activities a breeze.
An AI-Powered Internet Banking Platform that represents the next generation of banking technology
A meticulously crafted Banking Platform with advanced tools and features to enhance the efficiency of your banking transactions while facilitating business growth
- Enhanced Security Measures
- Efficient Transfer and Payment Management
- Streamlined WPS Salary Management
- Effective Cash Management
- Seamless Transaction Management
- Tailorable Approval Workflow
- Adaptable Authorization Levels
Business Segments
Irrespective of your business's scale, whether you are a burgeoning startup or a well-established company, our comprehensive banking services are tailored to fulfil all your banking and financial requirements!
Find answers to frequently asked questions regarding Mbank Business Accounts
How can I open an account?
You can open a Business Account with us in two ways:
- Abu Dhabi Trade Licence holders can visit the TAMM – Investor Journey to open a Business Account.
- All other UAE Trade Licence holders can click “Open Account” on this website to initiate the account opening process.
Who can open a Business Account?
Companies registered in the UAE with a valid Trade Licence, including freezones, can open an account with us.
What documents are required to open a Business Account?
To open a Business Account, you will need the following documents:
- Valid Trade Licence
- Memorandum of Association (MOA) and amendments, if applicable
- Certificate of Incorporation
- Board Resolution
- Shareholders’ Emirates IDs and Passport Copies
- Proof of Address
- Bank Statements, etc.
For more information, please contact our Customer Engagement Centre at 600 57 1111.
Is there a minimum balance requirement to open a Business Banking account?
Our Basic Business Banking account does not require a minimum balance and is also free.
Can a new Trade Licence holder open a Business Account?
Yes! Both new and established businesses can open accounts.
Which currency accounts can customers open?
Currently, we only offer AED denominated accounts.
How many branches do you have?
As a digital bank, we have one office located in Abu Dhabi. All account transactions are expected to be conducted through our Internet Banking portal.
How do you view and operate the Business Account?
Once you open a bank account, you will receive free access to our Corporate Internet Banking portal.
Do you have a digital app to access the account?
Yes! Our digital app is called Mbank Business (Launching soon).
What facilities are available for Business customers?
Currently, we offer Overdrafts, Business Loans, Free WPS (Wage Protection System), and Fund Transfer facilities. We continuously update and expand our offerings over time.
How do we apply for facilities?
Very soon, you will be able to log in to the Internet Banking portal and request facilities. This feature is still under development. In the meantime, you can call our Customer Engagement Centre at 600 57 1111 and speak to a Financial Advisor who will guide you through the process.
Can you maintain Time Deposits with the bank?
Yes! You can place deposits with us at competitive interest rates.
Do you have Trade Finance facilities?
We issue Letter of Guarantees, and soon we will offer other trade finance facilities such as Letter of Credit and Document Collection.
How do we withdraw cash or deposit cheques into the account?
We currently have Multi-Function Kiosks (MFKs) located in Mall of Emirates, Dubai, ADNOC Headquarters in Abu Dhabi, and our Head Office on 454 Shakhbout Street in Abu Dhabi. Additionally, more ATMs will be placed across the UAE soon. Cash can also be deposited into customer accounts at any of the 200+ Al Ansari Exchange outlets in the UAE.
What transaction facilities are available through Corporate Internet Banking (CIB)?
Through Corporate Internet Banking, you can:
- Transfer funds within Al Maryah Community Bank
- Transfer funds to accounts outside Al Maryah Community Bank but within the UAE
- Pay salaries vis WPS
- Request Manager’s Cheques
- Create Standing Order Instructions and Direct Debit Services (DDS)
- Make payments to registered beneficiaries.
- Create Term Deposits
Does Internet Banking support the concept of Maker and Checker for processing transactions?
Yes, this feature is available, and a separate form needs to be filled out to avail it.
Is it possible to upload transactions in bulk for salary, vendor payments, etc.?
Yes, we provide a bulk upload facility for various transactions such as intra and interbank transactions, salary payments, vendor payments, and more.
When is the Fund Transfer cut-off time?
Fund transfer cut-off time: FTS Payment requests made before 5 PM on a working day will be processed the same day. Any requests submitted after 5 PM or on a bank holiday will be processed the next working day.