First Abu Dhabi Bank Account Opening in Dubai
Open your FAB Bank account in Dubai with expert guidance. Understanding required documents, account types, eligibility, and application steps ensures a smooth, fast, and error-free setup for personal or business banking needs.
What is FAB Bank
First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the leading financial institutions in the region. It offers a wide range of banking services to residents, non-residents, and businesses. Individuals can open personal savings accounts, current accounts, and salary accounts, while businesses can access corporate banking solutions. FAB also provides Islamic banking services for customers who prefer Sharia-compliant products.
FAB accounts come with full access to digital banking platforms, allowing customers to manage their finances conveniently through mobile and online banking. Account holders can use debit and credit cards, make international money transfers, and invest in various financial products. The bank also provides credit facilities, wealth management services, and specialized corporate solutions for businesses of all sizes.
With a large network of 80 branches and 563 ATMs across the UAE, FAB ensures easy access to in-person banking services. The bank offers competitive interest rates, flexible minimum balance options, and transparent fees. Customers also enjoy 24/7 customer support, secure banking, and convenient access to both traditional and modern digital services, making FAB a reliable choice for personal and business banking.
Advantages of FAB Bank Account
Competitive Interest Rates
Earn up to 5.25% per annum on savings. Tiered rates by balance. Fixed deposits offer higher guaranteed returns.
Zero-Balance Account Options
FAB iSave with zero minimum balance. No salary requirement. Unlimited deposits and withdrawals. Ideal for youth and flexible savers.
Multi-Currency Banking Solutions
Accounts in AED, USD, EUR, GBP, JPY, and more. Easy international transfers. Competitive exchange rates for global transactions.
User-Friendly Digital Banking
Manage accounts via FAB app or online 24/7. Pay bills, transfer funds, and receive instant alerts securely.
Extensive Branch and ATM Network
87 UAE branches and wide ATM network. Cash deposits and fast transactions available locally and internationally.
Transparent Fee Structure
Clear fees with no hidden charges. Service charges listed on website. Simple, easy-to-understand banking costs.
Is First Abu Dhabi Bank (FAB) Account Opening in Dubai Costly?
With proper guidance, opening a bank account with FAB is very affordable. Opening a FAB account gives you access to UAE’s largest bank with extensive financial services, premium account benefits, and advanced digital banking solutions. With expert guidance on documentation, account type selection, and eligibility verification, the process is smooth, efficient, and cost-effective.
Riz & Mona Consultancy assesses your banking needs and handles all documentation, application submissions, and account activation. We provide full support for personal and business accounts, minimum balance guidance, salary transfers, and all KYC requirements to ensure your FAB account opens smoothly and complies with UAE banking regulations.
First Abu Dhabi Bank Account Opening Cost Calculator
Get a comprehensive cost breakdown for opening your FAB account in Dubai.
Unique Features of FAB Bank
01.FAB iSave Account (Highest Interest)
Earn up to 5.25% p.a. Tiered interest by balance. Zero minimum balance. Fully digital with flexible deposits and withdrawals.
02.Instant Account Opening (FAB Mobile App)
Open personal accounts in minutes via the app. No branch visit needed. Instant approval using Emirates ID for most accounts.
03.Free Inward Remittances Service
Receive local and international transfers with no fees. Competitive rates for businesses and individuals, saving on foreign payments.
04.Islamic Banking Solutions
Sharia-compliant banking products with profit-sharing. Monthly and quarterly distributions. Dedicated Islamic banking support.
05.Business Account Tiered Options
Three tiers: Basic, Advantage, Preferred. Minimum balances AED 50K–500K. Flexible online and branch services for businesses.
06.FAB Call Account (High Interest Business)
High-interest business call deposits. Available in AED, USD, EUR, GBP. Minimum AED 10,000 or equivalent. Multi-currency supported.
07.User-Friendly Digital Banking
Manage accounts 24/7 via FAB mobile app. Transfers, bill payments, and notifications for secure, convenient banking anywhere.
08.Contactless & Smart Payment Options
Supports Apple Pay, Samsung Pay, Google Pay, Fitbit, Garmin. Safe, hygienic payments directly from phone or smartwatch.
09.Competitive Interest Rates on Deposits
Tiered interest on savings and deposits up to 5.25% p.a. Fixed deposits available for guaranteed higher returns.
10.Transparent Fees & Charges
Clear, upfront fees with no hidden charges. Simple fee structure published online for personal and business accounts.
Types of Accounts Offered by FAB Bank
01.Personal Current Account
- Transactional account with debit card & cheque book.
- AED 3,000 minimum balance.
- Available in AED & major currencies.
- Monthly fee AED 25 waived if balance ≥ AED 10,000.
02.Personal Savings Account
- Interest-bearing savings with flexible balances.
- Basic savings AED 0 (AED 10 fee if < AED 3,000).
- Premium savings requires AED 50,000.
- Interest up to 0.50% p.a.
03.FAB iSave Account (Zero-Balance Savings)
- Zero minimum balance.
- Tiered interest up to 5.25% p.a.
- Unlimited deposits & withdrawals.
- Fully digital account opening in minutes.
04.FAB Student & Youth Account
- For ages 18–30.
- Zero minimum balance & maintenance fees.
- Special benefits, discounts, and educational tools for financial literacy.
05.Fixed Deposit Account
- Deposits from 1 month to multiple years.
- Minimum AED 5,000.
- Guaranteed returns up to 4.75% p.a. with complimentary life insurance.
06.FAB Islamic Savings Account
- Sharia-compliant profit-sharing savings.
- Monthly or quarterly distributions.
- Minimum AED 1,000.
- AED 10 monthly fee waived with AED 100+ profit.
07.Business Basic Account
- Minimum AED 50,000.
- Multi-currency options, reduced service rates, free inward remittances locally & internationally.
08.Business Advantage Account
- Minimum AED 250,000.
- Flexible banking with competitive rates and full online business banking platform.
09.Business Preferred Account
- Minimum AED 500,000.
- Premium services with exclusive privileges for established businesses.
10.FAB Call Account
- Minimum AED 10,000.
- Attractive interest for higher returns.
- Available in multiple currencies for residents & non-residents.
FAB Bank Account Requirements
| Account Type | Minimum Balance (AED) | Minimum Monthly Salary | Age Requirement | Best For |
|---|---|---|---|---|
Personal Current Account | 3,000 | N/A | 18+ years | Daily transactions and salary deposits |
Personal Savings Account | 0–50,000 (varies) | N/A | 18+ years | Flexible savings with moderate balance |
FAB iSave Account | 0 | Not required | 18+ years | Zero-balance savers seeking high interest |
Student & Youth Account | 0 | N/A | 18–30 years | Students and young professionals |
Fixed Deposit Account | 5,000 | N/A | 18+ years | Long-term savings with guaranteed returns |
Islamic Savings Account | 1,000 | N/A | 18+ years | Shariah-compliant banking customers |
Business Basic Account | 50,000 | N/A | Company entity | Startups and new businesses |
Business Advantage Account | 250,000 | N/A | Company entity | Growing SMEs with larger operations |
Business Preferred Account | 500,000 | N/A | Company entity | Established businesses and corporations |
FAB Call Account | 10,000 | N/A | 18+ years | High-interest short-term deposits |
First Abu Dhabi Bank Account Opening Services
Opening a First Abu Dhabi Bank account in Dubai requires understanding account types, eligibility criteria, and documentation requirements. As experienced banking consultants, we bring in-depth knowledge of FAB products, account opening procedures, and both resident and non-resident eligibility requirements.
We ensure you fulfill all obligations under UAE banking standards and FAB requirements. Partner with us for absolute clarity and ease.
FAB Account Opening Services in Dubai
- Account type selection and consultation
- Complete documentation preparation
- Eligibility verification and assessment
- Online and branch application assistance
- Minimum balance and salary guidance
- KYC and identity verification support
- Digital banking activation services
- Business account opening coordination
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