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