Established in 2017, FAB is the largest bank in the UAE in terms of assets. It offers a wide range of banking products and services, with this list including bank accounts. With FAB bank accounts, you can enjoy plenty of benefits such as free debit cards, competitive interest rates, high withdrawal limit, free international remittance, no requirement of minimum balance, free chequebooks, and much more. Offering 9 types of current and savings accounts, FAB is certainly a top-notch choice in UAE.read more
Open bank account instantly with zero maintenance fees
Cancel
Cancel
Cancel
By Clicking on "View Quotes", I declare that I am a resident of UAE and holding a valid Emirates ID and agree to the website Privacy Policy and Terms of Use. I hereby give consent to Policybazaar.ae to share my details with the UAE registered banks.
First Abu Dhabi Bank provides user-friendly banking experience to its customers. It offers a wide range of products and services including the facility of bank accounts.
A FAB Account is loaded with a host of features and benefits including no requirement for minimum balance, free international remittance, high limits on withdrawal, free debit card, and cheque book, and much more. There are different kinds of bank accounts available in multiple currencies.
First Abu Dhabi Bank Accounts
Some of the Best Bank Accounts in UAE:
Features and Benefits of FAB Bank Accounts
Mentioned below are the key benefits and features of the FAB account.
Multiple Currency
Not just AED, this bank account is available in various other major currencies of the world too.
Minimum Balance
There is no requirement to maintain any minimum balance on some of these accounts, while the account holder will have to maintain a minimum monthly average balance of AED 3,000 on the rest of the accounts.
International Remittance
The account holder can enjoy the 1st international remittance free every monthly only in AED accounts. They just have to bear FAB charges.
Interest Rate
The bank offers competitive and tiered rates of interest on this FAB Account
Debit Card
The bank allows the account holder to access their funds and shop around conveniently from wherever they are through the Debit Card for free.
Withdrawals
The account holder has high limits on daily withdrawal and unlimited & free ATM withdrawals within the UAE.
Cheque Book
The bank offers a free cheque book to the account holder on account opening.
FAB Bank Account Types
The personal bank account offers both savings and current accounts. Here is a rundown that will help you select the suitable account type based on your intent –
FAB Personal Account
FAB Current Account – The following are the types of current account options that FAB provides –
Eligibility Criteria to Open a FAB Bank Account in UAE
For opening any fab personal bank account, the applicant has to fulfill some eligibility requirements. Following are the eligibility requirements to open a FAB Account in the UAE.
UAE Nationals and Residents
Salaried or Non-Salaried or Self-Employed Individuals
Individual with Total Relationship Balance of at least AED 500,000
Documents Required to Open a FAB Bank Account in UAE
For opening any bank account, the applicant has to submit some documents to the bank. Following are the documents required to open a FAB Account in the UAE.
Proof of Income (for salaried people)
Trade License (for self-employed individuals)
A photocopy and original Emirates ID
A photocopy and original Passport or Residential Visa (for expats)
A filled in form for opening the bank account
(You can be asked to provide additional documents based as and when required.)
How to Open a FAB Account?
Following are the different channels for opening FAB Account in the UAE.
Phone Banking
The applicant can call on the official customer service number of the bank to put forward a request for account opening.
Online Banking
The safe and user-friendly online banking portal of First Abu Dhabi Bank allows the applicant to open their Savings bank account from wherever they are.
Mobile Banking
The applicant can download the “FAB Mobile App” through the Google Play Store on Android or App Store on iOS. They can open and manage their bank account from this app anytime and anywhere.
Branch Visit
If they are still looking for traditional ways, then they can visit the nearest bank branch and get their FAB Account opened.
FAB Bank Accounts FAQs
Do I have to pay any fees for opening these accounts?
No, you do not have to pay any fees for opening these FAB bank accounts.
Do I have to maintain any minimum balance on these FAB accounts?
In the case of a few accounts, you do not have to maintain any minimum monthly balance. However, you will have to maintain a minimum average balance of AED 3,000 on the accounts.
What penalty do I have to pay if I fail to maintain the minimum balance on this FAB Account?
In case you breach the minimum balance, that is, your minimum monthly balance goes below AED 3,000, then you will have to pay a fee of AED 25 monthly.
Is there any relationship fee charged on these bank accounts?
No, you do not have to pay any relationship fee on these accounts.
What amount of fees do I have to pay for closing my bank account?
You have to pay a fee of AED 105 for closing the account.
Do I have to pay any charges for setting up standing instructions on this FAB Account?
Yes, you have to pay a fee of AED 52.50 for setting up standing instructions on this account. You will also have to pay a charge of AED 25 as penalty on having insufficient money for standing orders.
Is there any dormant account fee on these accounts?
No, the First Abu Dhabi Bank does not charge any dormant account fee from the account holder.
How much do I have to pay for no liability certificate?
You have to pay AED 105 on no liability certificate on this FAB Account.
Do the Fab Bank also provides the credit cards in UAE?
Yes, there are various types of FAB Credit Cards that can be applied in the UAE.
Opened ADIB Business Account!I recently opened an ADIB Business Account with Policybazaar.ae and I am extremely pleased with the benefits that I received. I have access to a variety of services such as online banking, debit cards and a dedicated Relationship Manager. Additionally, I can enjoy attractive discounts on insurance premiums, loan facilities, and access to corporate finance solutions. The best part is that I can now manage my finances more efficiently and conveniently.
Suleman AshfaqDubai, March 13, 2023
★★★★★
Made a decision of Opening Salary Account with Policybazaar.ae!Opening a salary transfer account via policybazaar.ae was an excellent decision. It has made the transfer of my salary easy and secure. I now have access to a range of financial services and benefits, including low-interest loans, insurance plans and more. The customer service is also very helpful and quick to respond to any queries I may have. All in all, this is a great way to save money and manage my finances more effectively.
Vaibhav BaranwalUAE, March 13, 2023
★★★★★
Great Banking Choice!Opening a Standard Chartered account in the UAE has been a great experience. I have enjoyed the convenience of free online banking, the low fees, and the great customer service. I have also earned rewards points whenever I use my debit card, which I can redeem for cashback, discounts, and other rewards. All in all, Standard Chartered in the UAE is a great choice for banking.
OlegSharjah, March 9, 2023
★★★★★
A Reliable Salary Account!I recently opened Al Hilal Salary Account via policybazaar.ae and I have been very pleased with the benefits I have received. Not only does it offer a competitive interest rate and a range of investment options, but I also get access to a range of discounts and cashback offers. It also provides 24/7 customer service and secure online banking options. Overall, this account is a great value for money and I would highly recommend it to anyone looking for a reliable salary account.
asminDubai, March 9, 2023
★★★★★
Citibank FD Helped Me Save!Citibank Bank Fixed Deposit in the UAE offers a smart way to grow your money with higher returns. The bank provides attractive interest rates and flexible tenures, which makes it an ideal choice for investors. They also provide round the clock assistance and a safe and secure online experience. The bank also offers easy access to funds and liquidity, making it a great investment option.
KamelAbu Dhabi, March 9, 2023
★★★★★
Happy with the Services I Got with Mashreq Bank Acoount!I recently opened a Mashreq Bank Account in the UAE and I am very pleased with the services they offer. They provide excellent customer service, competitive interest rates, no hidden fees, and a wide range of banking services and products. They also offer discounts when using their debit and credit cards, as well as exclusive rewards and promotions. All in all, I'm very satisfied with my experience and I highly recommend Mashreq Bank to anyone looking for a reliable and convenient banking experience.
manoj shettyDubai, March 8, 2023
★★★★★
Ajman Bank Has Beciome My Savings Partner!I recently opened an Ajman Bank Fixed Deposit in the UAE and I am so glad I did. The benefits I earned from having this deposit are great; the interest rates are very competitive, the customer service is excellent and my funds are safe and secure. I am happy I chose Ajman Bank as my savings partner.
Mohammad NahasAjman, March 8, 2023
★★★★★
Opened DIB FD and Saved a Lot of My Earnings!I recently opened a Fixed Deposit Account with Dubai Islamic Bank in the UAE. The benefits I received were great! I earned a competitive interest rate, no charges on premature withdrawals, and the flexibility to withdraw my money at any time. I also received 24/7 customer service and assistance. The entire process was stress-free and I am very pleased with my decision to open an account with this bank.
Troy ThorntonDubai, March 7, 2023
★★★★★
Ajman Bank Gave Me Access to Several Benefits!I recently opened an Ajman Bank account in the UAE and I am very pleased with the benefits I am receiving. I receive free access to online banking and bill pay, free debit and ATM card use, free transfers and payments, as well as competitive interest rates on deposits. The customer service is also excellent and I was able to open my account quickly and easily. Overall, I am very pleased with the benefits I am receiving from Ajman Bank.
ZeeShanUAE, March 7, 2023
★★★★★
Sharjah Islamic Bank Account Helped me Save Big!Opening an account with Sharjah Islamic Bank in the UAE has been a great experience. The bank offers excellent customer service, competitive interest rates on deposits, and a variety of banking products that are suitable for my needs. Furthermore, the bank provides me with a range of benefits such as free online banking services, discounts on certain purchases, and access to a wide network of ATMs. Overall, I am very pleased with the services provided by Sharjah Islamic Bank.
The following article provides in-depth information on how to deactivate an Abu Dhabi Islamic Bank (ADIB) debit card via both online and offline methods.
The following article provides in-depth information on how to deactivate an Abu Dhabi Commercial Bank PJSC (ADCB) debit card via both online and offline methods.
Understand all the Registration and Login methods along with features that are offered by Union National Bank Internet Banking here on Policybazaar UAE.
Careem Pay is an innovative mobile app that enables users to easily pay for their travels. Powered by Mastercard, it is available in the UAE, Saudi Arabia, Egypt, Pakistan, Morocco, Jordan, and Lebanon.
Samsung Pay is a digital wallet and mobile payment service created by Samsung Electronics that allows its users to make payments using their Samsung phones and other devices.
No maintenance Fees
Competitive rate of interest
Instant account opening
reviews)
How to Deactivate ADIB Debit Card | Policybazaar UAE
How to Deactivate Mashreq Debit Card | Policybazaar UAE
How to Deactivate ADCB Debit Card | Policybazaar UAE
How to Deactivate Emirates Islamic Debit Card | Policybazaar UAE
How to Deactivate First Abu Dhabi Bank (FAB) Debit Card | Policybazaar UAE
How to Deactivate Standard Chartered Debit Card | Policybazaar UAE
How to Deactivate HSBC Debit Card | Policybazaar UAE
How to Deactivate Emirates NBD Debit Card | Policybazaar UAE
Samba Bank Internet Banking - Personal Banking, Registration & Login Methods
Ajman Bank Internet Banking - Personal Banking, Registration & Login Methods
Habib Bank Internet Banking - Personal Banking, Registration & Login Methods
Mashreq Bank Internet Banking - Personal Banking, Registration & Login Methods
Al Masraf Bank Internet Banking - Personal Banking, Registration & Login Methods
Union National Bank Internet Banking - Personal Banking, Registration & Login Methods
FAB Bank Internet Banking - Personal Banking, Registration & Login Methods
HSBC Bank Internet Banking - Personal Banking, Registration & Login Methods
All You Need To Know about Careem Pay | Policybazaar UAE
All You Need To Know about Samsung Pay
All You Need To Know about Apple Pay | Policybazaar UAE
All You Need To Know about Etisalat Wallet | Policybazaar UAE