Mashreq Quick Remit
· Money Transfer
- Has a transfer fee
Qrar360 Decision Brief
What is this product?
A money-transfer service from Mashreq Bank.
Who it may suit
- Instant transfer
- Multiple destination corridors
Consider if
- You need fast transfers
Important conditions
- Has a transfer fee
Facts not yet fully verified
- the last verification date
Key facts
Mashreq's app/online remittance service to 40 destinations with instant or same-day credit and a flat per-transaction fee (AED 26.25 for most corridors; zero fee to India and Pakistan as a limited-period offer). No correspondent bank charges or deductions from the amount received; transfers go to the beneficiary's home country in home currency and cannot be cancelled once processed. Corridor limits vary (e.g. AED 100,000 to India, PHP 1,000,000 to the Philippines).
Product Analysis
Qrar360 Score for this productQ36094Sources & methodology
Why this score?
Coverage 85% · Confidence 90%Strongest verified factors
- Recorded corridor coverage100% · weight 25
- Qrar360 data verification100% · weight 20
- Transfer fee74% · weight 20
Not yet verified
Cash pickup supportedWallet transfer supported
This score is computed deterministically from verified factors with fixed methodology weights — no runtime AI judgment.
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Availability by Country
- United Arab EmiratesAvailable
Provided By
This product is provided by . For the institution's licenses and regulatory status, see its profile page.
Sources & verification
Verified facts on this page are linked to their official sources.
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Frequently asked questions
- Does Mashreq Quick Remit charge a transfer fee?
- Yes — the fee is 26.25 AED.
- Which countries is Mashreq Quick Remit available in?
- Mashreq Quick Remit is available in: United Arab Emirates.
- Are transfers with Mashreq Quick Remit instant?
- Yes — Mashreq Quick Remit offers instant transfers.
- Which countries can I send money to with Mashreq Quick Remit?
- Mashreq Quick Remit supports transfers to: Sri Lanka, India, Pakistan, Philippines, Bangladesh.
