# Al Masraf Bank Current Account

**Original Url:** https://www.paisabazaar.ae/bank-accounts/al-masraf-bank-current-account/

The Al Masraf current account comes with a wide range of benefits for customers. From zero balance maintenance to free services, it has it all. On top of that, the bank has minimum eligibility requirements.

Let’s learn about the Al Masraf current account in detail, including its application process, documents required, fees/ charges, etc!

## Al Masraf Current Account- Key Features and Benefits

The following are the major features of an Al Masraf current account in the UAE: 

| Feature Type | Description |
| --- | --- |
| Account Maintenance | No minimum balance to maintain the current account |
| Easy Account Opening | Conveniently open an account digitally |
| Free Banking Services | Enjoy free international fund transfers<br>Receive free SMS alerts after each transaction<br>Experience seamless banking with all fees waived |
| Cashback | Receive 1% cashback on purchases with the bank’s debit card |

## Eligibility Criteria for Al Masraf Bank Current Account in UAE

You need to fulfil the minimum eligibility criteria for opening an Al Masraf current account in the UAE:

| Eligibility Type | Requirements |
| --- | --- |
| Age | Minimum- 21 Years |
| Nationality | UAE Nationals and Residents |

## Explore Types of Bank Account

 

[Saving Bank Account](https://www.paisabazaar.ae/bank-accounts/saving-accounts/)

[Current Bank Account](https://www.paisabazaar.ae/bank-accounts/current-accounts/)

[Salary Bank Account](https://www.paisabazaar.ae/bank-accounts/salary-account-act/)

[Open Zero Balance Account](https://www.paisabazaar.ae/bank-accounts/articles/best-zero-balance-savings-account-in-the-uae/)

[Business Bank Account](https://www.paisabazaar.ae/bank-accounts/business-accounts-act/)

## What Documents Do I Need to Open Bank Account at Al Masraf?

All you need is your Emirates ID to open an [Al Masraf bank account](https://www.paisabazaar.ae/bank-accounts/al-masraf-bank-accounts/) in the UAE!

## How to Open an Al Masraf Bank Account in UAE?

Simply head out to the official website of Al Masraf and apply instantly! Alternatively, you can use the bank’s mobile app to [open your bank account](https://www.paisabazaar.ae/bank-accounts/).

Note: To explore other top [current accounts in the UAE](https://www.paisabazaar.ae/bank-accounts/current-accounts/),

  

## Al Masraf Current Account- Fees & Charges

The following are the major fees and charges associated with the Al Masraf current account in the UAE:

| Types of Fee | Charges |
| --- | --- |
| Account Closure Fee | Free |
| Regular Bank Statement | Free |
| Liability Letter Issued to Financial Institutions | Free |
| No Liability Certificate | Free |
| Cheque Book Request | Free |
| Additional Statement | Free |
| Issuance and Renewal of Debit Card | Free |

## Open Current Account in Other UAE's Banks -

*   [SCB Current Account](https://www.paisabazaar.ae/bank-accounts/standard-chartered-bank-current-account/)
*   [HSBC Current Account](https://www.paisabazaar.ae/hsbc-current-account-bact/)
*   [ADCB Current Account](https://www.paisabazaar.ae/adcb-current-account-bact/)
*   [ENBD Current Account](https://www.paisabazaar.ae/emirates-nbd-current-account-bact/)
*   [SIB Current Account](https://www.paisabazaar.ae/bank-accounts/sharjah-islamic-bank-current-account/)
*   [RAKBANK Current Account](https://www.paisabazaar.ae/bank-accounts/rakbank-current-account/)
*   [EIB Current Account](https://www.paisabazaar.ae/emirates-islamic-current-account-bact/)
*   [FAB Current Account](https://www.paisabazaar.ae/fab-current-account-bact/)
*   [ADIB Current Account](https://www.paisabazaar.ae/adib-current-account-bact/)
*   [CBD Current Account](https://www.paisabazaar.ae/cbd-current-account-bact/)
*   [DIB Current Account](https://www.paisabazaar.ae/dubai-islamic-bank-current-account-bact/)
*   [Al Hilal Current Account](https://www.paisabazaar.ae/al-hilal-bank-current-account-bact/)
*   [Citibank Current Account](https://www.paisabazaar.ae/citibank-current-account-bact/)
*   [NBF Current Account](https://www.paisabazaar.ae/nbf-current-account-bact/)
*   [Ajman Current Account](https://www.paisabazaar.ae/ajman-bank-current-account-bact/)

## Al Masraf Related Pages -

*   [Al Masraf Savings Accounts](https://www.paisabazaar.ae/bank-accounts/al-masraf-bank-savings-account/)
*   [Al Masraf Salary Accounts](https://www.paisabazaar.ae/bank-accounts/articles/al-masraf-bank-salary-account/)
*   [Al Masraf Statement](https://www.paisabazaar.ae/bank-accounts/articles/al-masraf-bank-statement/)
*   [Al Masraf Balance Check](https://www.paisabazaar.ae/bank-accounts/articles/al-masraf-balance-check/)
*   [Generate Debit Card ATM Pin](https://www.paisabazaar.ae/bank-accounts/debit-card/generate-al-masraf-atm-pin/)

## Frequently Asked Questions

### Are there any charges associated with the Al Masraf Bank current account?

Al Masraf Bank offers free banking with its current account. This includes no charges related to minimum balance, local transfers, account closing, regular and additional bank statements. Fees are also waived for teller services (other than ATM and Online) and utility bill payments.

### What rewards does the Al Masraf Bank Debit Card offer?

With the Al Masraf Bank Debit Card, you can earn 1% cashback on all your purchases. There are no limits or caps on your cashback earnings.

### Does Al Masraf Bank offer international fund transfers?

Yes, Al Masraf Bank provides free international remittances. You can send money to your loved ones or conduct business transactions abroad without worrying about additional fees.

### Does Al Masraf Bank provide SMS alerts for account transactions?

Yes, Al Masraf Bank provides free SMS alerts. You will receive real-time notifications for all your account transactions.

### How can I apply for an Al Masraf Bank current account?

You can apply for an Al Masraf Bank current account through Paisabazaar.ae. The website is easy to complete all the processes - right from filling out the lead form to selecting the desired account and proceeding with the application process. If you require expert advice, Paisabazaar.ae also offers the assistance of financial advisors.

### How much does Al Masraf charge to issue an additional chequebook?

The bank does not charge any amount for the issuance of an additional chequebook.  

### What privileges do I get on the debit card issued upon opening a current account?

You receive 1% cashback on the purchases made through the debit card.

### I want to close my current account. What is the applicable account closure fee?

There is no fee charged for closing an Al Masraf current account.

## Account Types

*   [Top 15 Salary Accounts in UAE 2026](https://www.paisabazaar.ae/bank-accounts/best-salary-account-uae/)
*   [Current Account](https://www.paisabazaar.ae/bank-accounts/current-accounts/)
*   [Saving Account](https://www.paisabazaar.ae/bank-accounts/saving-accounts/)
*   [Salary Account](https://www.paisabazaar.ae/bank-accounts/salary-account-act/)

## Bank Wise Account

*   [Citibank Accounts](https://www.paisabazaar.ae/bank-accounts/citibank-accounts-bac/)
*   [Standard Chartered Bank Account](https://www.paisabazaar.ae/bank-accounts/standard-chartered-bank-accounts-bac/)
*   [HSBC Bank Accounts](https://www.paisabazaar.ae/bank-accounts/hsbc-bank-accounts-bac/)
*   [ADCB Bank Accounts](https://www.paisabazaar.ae/bank-accounts/adcb-bank-accounts-bac/)
*   [Emirates NBD Bank Accounts](https://www.paisabazaar.ae/bank-accounts/emirates-nbd-bank-accounts-bac/)
*   [Sharjah Islamic Bank](https://www.paisabazaar.ae/bank-accounts/sharjah-islamic-bank-accounts/)
*   [FAB Bank Accounts](https://www.paisabazaar.ae/bank-accounts/fab-bank-accounts-bac/)
*   [RAKBANK Accounts](https://www.paisabazaar.ae/bank-accounts/rakbank-accounts-bac/)
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*   [Standard Chartered Salary Account](https://www.paisabazaar.ae/bank-accounts/standard-chartered-salary-account/)
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*   [Dubai Islamic Bank Accounts](https://www.paisabazaar.ae/bank-accounts/dubai-islamic-bank-accounts-bac/)
*   [Al Hilal Bank Accounts](https://www.paisabazaar.ae/bank-accounts/al-hilal-bank-accounts-bac/)
*   [Al Masraf Bank Accounts](https://www.paisabazaar.ae/bank-accounts/al-masraf-bank-accounts/)
*   [NBF Bank Accounts](https://www.paisabazaar.ae/bank-accounts/nbf-bank-accounts-bac/)
*   [Ajman Bank Accounts](https://www.paisabazaar.ae/bank-accounts/ajman-bank-accounts-bac/)

## Bank Account Swift Code

*   [Al Masraf Bank Swift Code](https://www.paisabazaar.ae/bank-accounts/al-masraf-bank-swift-code/)
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*   [Ajman Bank Swift Code](https://www.paisabazaar.ae/bank-accounts/ajman-bank-swift-code/)