Mashreq Quick Remit sends money from Mashreq Online or the Mashreq Mobile app to your home country, in your home country’s currency. On Mashreq’s NEO Quick Remit page, most destinations carry a flat fee of AED 26.25 including VAT, India and Pakistan carry zero fees as a limited-period offer, and Mashreq says there are no correspondent-bank charges or deductions from the amount received.
To send in any other currency, Mashreq points you to its ‘International Money Transfer’ tab, a standard international wire. Mashreq’s NEO charges list that at AED 26.25 electronically on NEO, AED 0 on NEO PLUS and AED 78.75 at a branch, each plus beneficiary-bank and intermediary-bank charges.
What Quick Remit is, and the home-currency rule
Mashreq’s International Transfers Key Facts Statement (version January 2026) says: “Quick Remit allows you to transfer to your home country in home currency. The service is accessible from Mashreq Online & Mashreq Mobile Apps.”
The rule is strict. Mashreq’s Quick Remit page says the service “only allows transfer to your home country in home currency”; to send in a different currency, it tells you to use the ‘International Money Transfer’ tab instead. Mashreq’s money-transfer terms add that Quick Remit sends money “in the selected payout currency, to select banks in the destination countries”, so your recipient’s bank also has to be one that Quick Remit covers.
For Pakistan, the terms are explicit: “Quick Remit to Pakistan is for personal account transfers only.”
Where Quick Remit sends
Mashreq’s NEO Quick Remit page advertises “Faster transfer to 40 global destinations”. Its destination table lists:
- Australia, Canada and the United Kingdom
- 26 European countries
- Bangladesh, India, Nepal, Pakistan and Sri Lanka
- Malaysia, the Philippines, Singapore, Indonesia and Thailand
Egypt is not in that table. Mashreq promotes Quick Remit to Egypt separately, on its non-resident Egyptian account page: “Send money instantly from the UAE to Egypt with Quick Remit—zero transfer fees via Mashreq Mobile App & Online Banking.”
Treat the destination list in the app as final.
New corridors with Mastercard. On 29 June 2026, Mastercard announced a collaboration with Mashreq to expand Quick Remit corridors, “allowing customers to send money directly in local currencies across new international corridors.” The release says the collaboration “will initially focus on key underserved remittance corridors, with plans to expand to additional countries”, and that “cash payout is also an option through Mastercard’s extensive network of cash pickup locations.” It does not name the corridors, so check the app before assuming a new country or a cash payout is available.
Quick Remit fees
| Destination | Fee per transaction |
|---|---|
| Most destinations | Flat fee of AED 26.25 (including VAT) |
| India | Zero fees (limited-period offer) |
| Pakistan | Zero fees (limited-period offer) |
| Egypt | Zero transfer fees (on the non-resident Egyptian account page) |
Mashreq adds: “Zero transfer fee for transfers to India and Pakistan is a limited period offer. Fees can be revised without prior notice.” On deductions, its Quick Remit page says: “There is only a per transaction fee applicable on all Quick Remit transactions. There are no hidden charges, no correspondent bank charges and deduction from receive amount.”
The fee is still not the whole cost: the exchange rate Mashreq applies decides how much your recipient gets. To compare the amount received on the main Quick Remit routes, see AED to INR, AED to PKR, AED to PHP, AED to BDT, AED to LKR and AED to EGP.
Quick Remit limits per transaction
| Destination | Limit per transaction |
|---|---|
| India | AED 100,000 |
| Pakistan | PKR 10,00,000 (10 lakh, i.e. PKR 1,000,000) |
| Bangladesh | BDT 2,000,000 |
| Most EU countries | EUR 20,000 |
| Germany | EUR 25,000 |
| United Kingdom | GBP 20,000 |
| Canada | CAD 2,500 |
| Philippines | PHP 1,000,000 |
| Sri Lanka | LKR 4,000,000 |
New beneficiaries: Mashreq says you can send up to AED 7,000 per transaction immediately after adding a new beneficiary, and that “This limit applies for the first 6 hours only”. If you plan to send a larger amount to someone new, add them in advance.
For destinations not in this table, check the limit shown in the app before you enter the amount.
How long Quick Remit takes
| Destination | What Mashreq says |
|---|---|
| India | Instant for transfers below INR 200,000 to banks connected to IMPS; transfers above INR 200,000 or to non-IMPS banks are credited in 60 minutes |
| Pakistan | “Instant Transfers 24/7. Instant validation of beneficiary bank details” |
| Philippines | Instant to BPI only; transfers to other banks are credited the same day; cut-off 10.30 AM |
| Bangladesh | “Amount will be credited within 48 hours” |
| Canada | “Amount will be credited within 48 hours” |
For other destinations, Mashreq’s general wording applies: “QuickRemit transfers are processed instantly, however due to technical reasons your payment could be delayed”, in which case “your money transfer will be processed within 1 working day”. The Key Facts Statement puts it as: “Instant or same day credit – Beneficiary receives money instantly in most cases, cut-off timings apply.”
Where a working day matters, count Mashreq’s processing days rather than the calendar: the UAE federal government weekend has been Saturday and Sunday since 1 January 2022, and Mashreq’s key facts statement says transfers made after the cut-off time or on Fridays are processed on the next working day.
Standard international (SWIFT) transfers: charges and the OUR option
Use a standard international transfer when you need to send in a currency other than your home currency, or when Quick Remit does not reach your recipient’s country or bank. Mashreq’s NEO service-charges page lists:
| Transfer | Charge |
|---|---|
| Electronic (Mashreq Mobile or Mashreq Online), NEO | AED 26.25, plus beneficiary bank and intermediary bank charges |
| Electronic, NEO PLUS or NEO PLUS (Salary) | AED 0, plus beneficiary bank and intermediary bank charges |
| Branch | AED 78.75, plus beneficiary bank and intermediary bank charges |
| Recall, return or status investigation of a transfer | AED 52.50 |
Who pays the other banks’ charges. In Mashreq’s money-transfer terms, choosing OUR means “All local and overseas charges to be borne by Sender”, and “Additional charges up to AED 100 will be charged upfront as correspondent bank charges.” The same terms warn that an “Intermediary/Correspondent bank involved in processing of the transfer instruction may deduct charges from the remittance amount irrespective of the method selected.” Even with OUR, check what the recipient’s bank actually credits.
The Mashreq documents used here give delivery wording for Quick Remit but no delivery time for standard international transfers. Check the expected timing in the app, or ask Mashreq, before you send.
How to transfer money from Mashreq online
- Sign in to Mashreq Online or the Mashreq Mobile app.
- Choose Quick Remit if you are sending to your home country in its currency; otherwise use the ‘International Money Transfer’ tab.
- Add the beneficiary with the details their bank needs. For Pakistan, Quick Remit accepts personal accounts only. A new beneficiary is capped at AED 7,000 per transaction for the first 6 hours.
- Enter an amount within the destination’s limit, then review the fee, exchange rate and amount the recipient will get.
- For a standard international transfer, check the charge option before you confirm: OUR adds up to AED 100 upfront for correspondent charges.
- Confirm and keep the reference. A recall or status investigation of a standard transfer costs AED 52.50.
For Mashreq’s SWIFT/BIC details, see our Mashreq SWIFT code page. For transfers between UAE banks, see how to transfer money between banks in the UAE.