First Abu Bank is known as FAB Bank in Dubai or UAE. This article will explain how to open an account in First Abu Bank, account types, and fees. As such, this bank is mostly used by business or salaried class. But it has plenty of account types. Like Savings Account, Current Account, or Elite Savings and Current Account. All account monthly fees, withdrawal limits, and Rewards Programs are made separately.
FAB Bank is the most popular financial institution in the UAE. FAB Bank Account can be opened in 2 ways. One through the FAB mobile app, and the other by visiting the branch. If you also want to open your bank account in FAB Bank then there are two ways below. With this, you can open your account while sitting at home or visiting the branch.
Open the FAB Bank Account with the Mobile APP
Funding an FAB Bank account through the mobile app is very easy. But for that, you must have an Emirates ID. If you do not have an Emirates ID, you cannot open your account at FAB Bank.
- First, download the FAB Bank app on the Play Store or visit the FAB website.
- Keep your Emirates ID with you.
- Enter your registered number or email in the app.
- Fill out the form given in the app with your information.
- Then apply.
Your application will be approved within 24 hours. After that, your FAB bank account will be created. Then enter your username and secure password, and use the app for online transactions.
Open an FAB Bank account by visiting the branch
If you don’t know how to use the app or want to go to the bank to operate your FAB account, you should take care of these things.
- You must be at least 18 years of age to open an account with FAB Bank
- Passport, ID card, or Emirates ID at least 6 months old
- FAB Bank Account Opening Form (get from Bank)
- Your income proof or salary certificate
- FAB Bank Account Opening Fee
If you have all these things, you can go to the bank and open your account. There are the following types of FAB bank accounts: FAB Savings Accounts and FAB Current Accounts.
FAB Bank Account Types, Fees, and Benefits
FAB Bank has main 2 types of accounts Savings accounts and Current accounts. But in these two types, there are more types. Like Personal Current, FAB One Current Account, FAB iSave, FAB Personal Savings, etc.
All accounts have separate monthly fees and facilities. If you have an extra 3000 AED, opening an FAB iSave bank account is a good option paying high interest. More FAB bank account types fees and facilities are given below.
| Account Type | Monthly Fee | Benefits |
|---|---|---|
| Personal Current | AED 10 | Free Debit card |
| FAB One | AED 10 | Free Debit card |
| Etihad Guest | AED 10 | Free Platinum MasterCard Debit Card |
| Travel Insurance | ||
| High Returns and Transaction Limits | ||
| FAB iSave | No fee | Higher Interest |
| Elite Savings | No fee | Multi-currency account |
| 1 free Int’l remittance per month | ||
| FAB Personal Call | AED 10 | None |
| FAB Personal Savings | No fee | None |
| FAB Etihad Guest Elite | AED 50 | Free Debit card |
| Elite Current | AED 25 | Free Platinum Mastercard debit card |
| Travel Insurance |
FAB Bank Account Types and Benefits
- Personal Current: No minimum, Withdraw From FAB & partner ATMs, and get a Free Debit card, for Just AED 10 monthly fee.
- FAB One Current Account: Free Debit card, No minimum balance, Unlimited FAB & partner ATMs, FAB Rewards on purchases,
- FAB Etihad Guest: No minimum balance, Free Debit card, Earn miles on balance & transactions, Etihad Guest Miles on balance & transactions, and FAB & partner ATMs.
- FAB iSave: No minimum, No fee, Unlimited FAB ATMs, No free Debit card، high interest.
- Elite Savings: No minimum, No fee, Unlimited FAB ATMsÛ”
- FAB Personal Call: Min AED 5,000, AED 10 fee, ATMs Limited to 4 per month, Higher interest rate than regular savings, No free Debit Card.
- FAB Personal Savings: No minimum, No fee, Unlimited FAB ATMs, FAB Rewards & a higher earning rate for maintaining a high balance, No free Debit Card.
- FAB Etihad Guest Elite: Min AED 25,000, AED 50, Unlimited FAB ATMs & partner ATMs, 10 free per month at other banks, low-interest rate, FAB Rewards & higher earning rate for maintaining high balance & Etihad Guest Miles on transactions, Earn miles on transactions, Free Platinum Mastercard debit card, travel insurance, higher withdrawal & transaction limits.
- Elite Current: Min AED 10,000, AED 25 fee, Unlimited FAB ATMs & partner ATMs, 5 free per month at other banks, FAB Rewards & a higher earning rate for maintaining a high balance, Free Platinum Mastercard debit card, travel insurance, Complimentary access to select airports.
ATM Withdraw and debit card
Withdraw cash from any of the ATMs listed above. Savings accounts do not have a free debit card facility and also have zero monthly fees. To find FAB Bank Remaining Balance click on ATM Remaining Balance and view your remaining balance. For further FAB balance inquiries, contact the FAB bank call center at 600525500. Or know your FAB remaining balance by downloading the app.
FAQs:
The minimum balance for a FAB Savings Account is 3000 AED. This amount is enough to maintain your account in the FAB savings account.
You must be at least 18 to open an account with FAB Bank. Bring a passport, identity card, or Emirates ID at least 6 months old. FAB Bank Account Opening Form (obtained from the bank). Proof of your income or salary certificate. FAB Bank Account Opening Fee.
FAB iSave Bank Account in UAE offers the highest interest rate and charges 0 monthly fees.
Visit the official website of FAB Bank. Select FAB iSave Bank Account type and fill in your information on the form.