Multi-currency operations
AED, USD, EUR, GBP as standard on both NEO Biz and corporate accounts.
An onshore bank with a digital fast lane
Onshore bank with a strong digital arm (Mashreq NEO Biz). Fast for straightforward profiles.
Off-hours — we reply first thing at 9:00 local. Vy is always on.
Onshore bank with a strong digital arm (Mashreq NEO Biz). Fast for straightforward profiles.
AED, USD, EUR, GBP as standard on both NEO Biz and corporate accounts.
Modern payment rails, virtual accounts and API access on the corporate tier.
Standard WPS payroll from day one, useful for teams growing from 5 to 100+ headcount.
Corporate card programme with real-time controls. Well-suited to tech and services teams.
Mashreq NEO Biz is app-first for SMEs. Faster onboarding than a full corporate file when the profile is clean.
Available on the corporate side once the file matures — LCs, guarantees and import loans.
AED, USD, EUR, GBP plus common majors.
FX rails through the app on NEO Biz.
Debit card issued after activation; corporate cards with spend controls on NEO Biz Pro.
LCs, guarantees, invoice discounting on the corporate tier once the file matures.
Emirates NBDChoose if
Choose if
Choose if
NEO Biz onboarding assumes at least one signatory with a valid Emirates ID.
Free-zone licence with a broad activity scope and no customer evidence slows the file.
Missing personal statements or unexplained large inflows on the founder history.
Payments, custody, lending or crypto adjacency without the CBUAE / regulator licence — hard stop.
Even one sanctioned-country invoice in the sample pack kills the file.
A NEO Biz tier file for a company that clearly needs corporate-tier trade finance — routed to the corporate desk and slows down.
Your licence route, activity, and profile affect which banks are realistic. Tell us the setup and we’ll tell you whether this bank is a fit, what the pack needs, and what to fix before submission.
Sonsoto quoted us a line-item budget for the licence, visas and the bank pack up front. Nothing crept in later. That alone was worth the fee.
I’d already been rejected by two banks. Sonsoto told me why, changed the pack, and we opened with WIO in three weeks. Straight answers, no theatre.
They caught a corporate-tax filing we were about to miss and re-scoped the renewals so we stopped paying twice for the same work. Now they run everything.
We’d spoken to four firms and got four different price sheets. Sonsoto was the only one that showed us where the extras came from — and we didn’t need them.
Golden Visa done, family visas done, licence renewed. Same team, same WhatsApp thread. I don’t chase PRO agents anymore.
They told me RAK was a better fit than Dubai for our margin. I’d already paid a deposit somewhere else. They still refunded my Sonsoto retainer and helped me exit.
More clients onboarded, higher payout.
Straight to the account.
More referrals unlocks higher payouts.
