Mashreq is one of the most popular corporate banks for UAE SMBs, and its Mashreq Business Online (MBO) portal accepts WPS-compliant SIF files for monthly salary disbursement. Peoplifi generates the exact Mashreq SIF format from your payroll run, ready to upload directly to MBO. No spreadsheet reformatting, no schema mistakes, no MoHRE rejections.
Try Peoplifi Free for 7 DaysYes. The SIF format is identical between Mashreq Business Online and the newer NEO Direct portal, so the same Peoplifi-generated file works on either.
Toggle the bank in Peoplifi → Settings → WPS Banks. Existing employee IBANs need updating to your new Mashreq accounts (we can bulk-import a CSV). The next WPS cycle will generate the Mashreq SIF instead.
Mashreq Business Online typically validates and queues WPS uploads within minutes during business hours. Funds settle to employees within the WPS-mandated timeframe — usually same-day for files uploaded before the 11 AM cut-off, next-business-day otherwise.
We support file-based SIF generation aligned with Mashreq's published schema. Direct API submission is in roadmap; today, the standard workflow is generate-in-Peoplifi then upload-via-Mashreq portal, which preserves the authorised-signatory control that UAE banks require.
Update the new IBAN in Peoplifi → Settings → Banks. The next SIF generation will use the new account. Historical SIFs in the audit log retain the original IBAN for compliance traceability.
Mashreq Bank is one of the UAE's longest-established commercial banks and a dominant force in SME and mid-market corporate banking. Its Mashreq Business Online (MBO) and NEO Direct platforms are widely used by UAE businesses for daily banking, payroll, and treasury operations. For WPS specifically, Mashreq is a popular Agent because of its competitive corporate-account fees, reliable processing infrastructure, dedicated business-banking relationship management, and support for both AED and multi-currency salary disbursement (the latter relevant for senior expatriate employees paid partly in foreign currency).
Mashreq publishes its own SIF schema with field ordering and decimal precision specific to the bank. Peoplifi maintains the exact Mashreq specification — header row with establishment registration data and footer row with totals, detail rows with employee identification (labour card, Emirates ID, IBAN), salary breakdown (basic, allowances, deductions), and payment date. The mapping from Peoplifi payroll output to the Mashreq SIF is transparent and configurable per workspace, so HR teams can audit exactly how salary components flow into the SIF.
Many Dubai-area free-zone establishments — DMCC, JAFZA, Dubai South, Dubai Internet City, Dubai Media City and others — use Mashreq for their corporate banking and WPS submissions. While the free-zone authority issues the trade licence and work permits, MoHRE-jurisdiction WPS still applies for these establishments. Peoplifi handles the free-zone-establishment-card mapping correctly so that Mashreq SIF uploads pass MoHRE validation regardless of the underlying free-zone jurisdiction.
Every Mashreq SIF generated by Peoplifi is archived with full metadata: timestamp, generating user, employee headcount, salary period, total disbursement amount, and a hash of the file contents for integrity verification. If MoHRE inspectors request historical WPS submissions, the audit log shows exactly when each SIF was generated and what it contained. The same audit trail supports internal financial-controls reviews and the auditor enquiries that come during the year-end financial-statement audit.
Set the same WPS submission date each month (e.g., the 5th business day after month-end) and put it in the finance and HR calendars. Run a pre-flight validation in Peoplifi 2-3 days before the scheduled upload. Keep IBAN data clean by updating any employee bank-account changes within 48 hours of receipt. Coordinate with the authorised signatory on Mashreq Business Online so they are available to approve the upload during the planned window. Watch the Mashreq portal for any returned-payment notifications and resolve promptly — a single returned payment that goes uncorrected can flag the establishment in MoHRE's WPS database.