How to open an Account with FAB (First Abu Dhabi Bank) in Dubai?

Customer service at First Abu Dhabi Bank is friendly and accessible. An array of services, such as bank accounts, are available through this company. How to open an Account with FAB in Dubai?

Types and procedures to open an Account with FAB in Dubai

1. Elite Savings Account

Features

  • Accounts that don’t require a minimum balance and accept multiple currencies.
  • Get the best interest rates in the industry.
  • Once per month, the first international remittance is free (only FAB charges are waived for remittance made from AED accounts)
  • A savings account with a tier-based interest rate.

Eligibility (to open an Account with FAB in Dubai)

  • Elite Eligibility requires a TRB of 500,000 AED, a mortgage of 2,500,000 AED, or a salary transfer of 50,000 AED.

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

Minimum balance to maintain

  • < AED 100K

minimum salary required to open an account

  • You only need a monthly salary of at least AED 50,000 to get started.

2 FAB One Account

Features 

  • With no minimum payment required.
  • Your purchases will earn you FAB Rewards that you can redeem for a reward of your choice.
  • Premium retailers in the United Arab Emirates are offering special deals and discounts.
  • A complimentary Platinum Mastercard debit card is available to anyone.
  • Lounge access for FAB Platinum Mastercard debit cardholders at select airports is complimentary.

Eligibility 

  • To be eligible, the applicant must be a UAE national.
  • AED 10,000 per month is the minimum monthly salary for salaried customers.
  • Non-salaried customers: AED 10,000 per month minimum initial deposit.

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

Minimum balance to maintain

  • no minimum payment required.

minimum salary required to open an account

  • You only need a monthly salary of at least AED 10,000 to get started.

3. Elite Current Account

Features 

  • Multi-currency account and no minimum balance is required.
  • Per month, one free international remittance (AED Accounts only, FAB charges only).
  • Free unlimited cheque books
  • A free Mastercard World Elite Gold debit card.

Eligibility 

  • Elite Eligibility requires a TRB of 500,000 AED, a mortgage of 2,500,000 AED, or a salary transfer of 50,000 AED.

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

Minimum balance to maintain

  • no minimum payment required.

minimum salary required to open an account

  • You only need a monthly salary of at least AED 50,000 to get started.

4. Personal Current Account

Features of Current Account

  • You will get a free FAB Mastercard debit card
  • Free unlimited cheque books
  • Customers with FAB Platinum Mastercard debit cards can use airport lounges for no additional cost.

Eligibility 

  • To be eligible, the applicant must be a UAE national.
  • Employed by a company, a business, or as an independent contractor

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

minimum salary required to open an account

  • You only need a monthly salary of at least AED 3000 or more to get started.

5. Personal Savings Account

Features 

  • Available in a variety of major currencies, including dirhams
  • Put money into an account and earn interest (subject to existing rates)
  • A minimum monthly balance of AED 3000 or equivalent is required.
  • Simply present your FAB Platinum Mastercard debit card at the airport and you’ll be able to access the lounge for free.
  • You will get a free FAB Mastercard debit card

Eligibility 

  • Those who are 18 or older.
  • Those who are employed, those who are self-employed, and those who are not
  • It is open to UAE nationals, GCC nationals, resident expatriates, and non-residents.

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

Minimum balance to maintain

  • minimum monthly balance average of AED 3,000

6. Personal Savings Account

Features 

  • Available in a variety of major currencies, including dirhams
  • Put money into an account and earn interest (subject to existing rates)
  • A minimum monthly balance of AED 3000 or equivalent is required.
  • Simply present your FAB Platinum Mastercard debit card at the airport and you’ll be able to access the lounge for free.
  • You will get a free FAB Mastercard debit card

Eligibility 

  • Those who are 18 or older.
  • Those who are employed, those who are self-employed, and those who are not
  • It is open to UAE nationals, GCC nationals, resident expatriates, and non-residents.

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

Minimum balance to maintain

  • minimum monthly balance average of AED 3,000

7. Personal Call Account

Features 

  • Earn interest on your balance and have access to your funds when you need them.
  • Available in a variety of major currencies, including dirhams

Eligibility 

  • Those who are employed, those who are self-employed, and those who are not
  • It is open to UAE nationals, GCC nationals, resident expatriates, and non-residents.

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

8. FAB Etihad Guest Elite Account

Features

  • With no minimum payment required.
  • Each month, you’re entitled to four free transfers of local funds.
  • Once per month, the first international remittance is free (only FAB charges are waived for remittance made from AED accounts)
  • Get a bonus of 1,000 Etihad Guest Miles on your first transfer of salary,
  • Free unlimited cheque books
  • Three Etihad Guest Miles are earned for every AED 1,000 on your typical monthly balance (Up to a maximum of 5,000 Etihad Guest Miles per month).

Eligibility 

  • There should be at least AED 500,000 in the Total Relationship Balance (TRB)

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

minimum salary required to open an account

  • You only need a monthly salary of at least AED 50,000 or more to get started.

9. Etihad Guest Account

Features

  • With no minimum payment required.
  • Each month, you’re entitled to four free transfers of local funds.
  • Once per month, the first international remittance is free (only FAB charges are waived for remittance made from AED accounts)
  • Free unlimited cheque books
  • On the transfer of your first salary, you will receive 500 bonus Etihad Guest miles.
  • For every AED 1,000 in your average monthly balance, you’ll get 1.5 Etihad Guest miles back.

Eligibility 

  • To be eligible, the applicant must be a UAE national.
  • AED 10,000 per month is the minimum monthly salary for salaried customers.
  • Non-salaried customers: AED 10,000 per month minimum initial deposit.

Documents required

  • Account opening form.
  • Proof of identities, such as a copy of a passport, visa, or Emirates ID (originals must also be presented)
  • Proof of income.

Procedure to fill the form (to open an Account with FAB in Dubai)

  • To apply for an account, you can click here.
  • Enter the details like your name, Company name, phone number, and Email address;
  • You have to fill incomplete details of your salary and emirates you want to choose.
  • After completing the details submit the application
  • A representative will contact you within 24 hours of receiving your application.

 

 

Share this page!

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.