Mwallet Fees & Charges
Fee (AED) without VAT
Monthly Fee Free
Free
Virtual Card Issuance Fee (Coming Soon). Free
Free
First Physical card Issuance Fee (Coming Soon). Free
Free
Physical Card Replacement (lost/stolen) (Coming Soon). 25.00
25.00
Virtual Card Renewal (Every 5 Years)
Free
Physical Card Renewal (Every 5 years)
Free
Mbank ATM- Balance Inquiry
Free
Mbank ATM- Cash Withdrawal using Emirates ID Free
Free
Mbank ATM- Cash Withdrawal using QR Code Free
Free
Mbank ATM- Cash Withdrawal using Debit card (Coming Soon).
1.00
NON-Mbank Mbank - Cash Withdrawal
2.00
P2P transactions
Free
Fund transfer to Mbank Account Free
Free
Fund transfer to any UAE Account 2.00
2.00
Sending International Remittance 15.00
15.00
Cash Deposit via Mbank ATM
Free
Cash Deposit via Agent
Free
Annual fee
Free
Closure fee
Free