FAB One Account

First Abu Dhabi Bank (FAB), the largest bank of the UAE based on market cap, offers a range of banking solutions tailored to individuals and businesses. One of its bank accounts is the FAB One account.

This personal banking account is designed to meet UAE residents' everyday financial needs. With no minimum balance requirement and attractive benefits, the FAB One Current account is ideal for those seeking a seamless banking experience with exclusive rewards and digital banking features.

To find out what the FAB One Account is as well as its fees, features, benefits, application modes, and more, keep reading below.

FAB One Account — Benefits

Listed below are the key FAB One account benefits:

No minimum balance required to maintain the bank account
Get a FAB Platinum Mastercard debit card for free
- Enjoy complimentary airport lounge access with this card
Earn FAB Rewards on your purchases and redeem them across multiple categories
Special offers and discounts from select premium retailers in the UAE

Eligibility for FAB One Current Account

To open the One account by FAB, you must meet the following eligibility criteria —

Eligibility Type	Criteria
Minimum Age	21 years
Citizenship	UAE resident
Employment Status	Both salaried and non-salaried individuals can apply
Minimum Salary	Salaried — AED 10,000 Non-salaried — Initial deposit of AED 10,000

Note: You need to maintain a monthly balance of at least AED 10,000 to get Rewards.

FAB One Account — Documents Checklist

The following set of documents is mandatory for opening a FAB One Current account in the UAE —

Emirates ID
Passport
Residence Visa (applicable to expatriates)
Income Proof
Duly filled account opening form

Note

All documents must be valid
Originals of all documents must be presented

How to Open a FAB One Account?

You can easily open a FAB One current account via multiple channels —

1.) Online Means -

Via Paisabazaar.ae

This is the most convenient way to open this account and get various other benefits — all from the comfort of your home!

Follow these steps —

Step 1: Complete the form here and submit it
Step 2: Locate the FAB account on the quotes
Step 3: Apply and proceed as per the displayed instructions

Open Bank Account Online from Paisabazaar.ae!

Via Mobile Banking

Install the FAB mobile banking app on your device and sign up. Next, choose the relevant option for opening an account and follow the on-screen prompts.

Via Internet Banking

Open the ADCB One account page on the bank’s official website and locate a form at the bottom of the page. Fill it out and hit the ‘Apply Now’ button.

2.) Offline Means -

To open this account offline, you can simply visit your nearest FAB branch.

FAB One Current Account — Fees and Charges

Tabled below are the major fees linked to the FAB One account —

Type of Fee	Charges
Account Opening Fees	Free
Relationship Fee	Free
Utility Payment (ATM and Online)	Free
Non-Receipt of Salary	Free
Account Closure Fee (if closed within 6 months of opening)	AED 105
Account Balance Letter	AED 52.5
Liability Letter Issued to Financial Institutions	AED 63
Liability Letter Issued to Government Department/ Embassies	AED 63
No Liability Certificate	AED 63
Release Letter	AED 52.5
Standing Instruction Set-Up	AED 52.5
Dormant Account Charge	Free
Bulk Cash Deposit and Withdrawal at Teller Counter	Free

FAB One Account — Terms & Conditions

The general terms and conditions of this FAB bank account include —

While certain accounts like the FAB One account don’t require a minimum balance, other account types may have minimum balance requirements. Failure to maintain the required balance may result in monthly fees. Additionally, FAB may charge service fees for specific banking transactions, as outlined in the schedule of charges.
FAB sets transaction limits on transfers, withdrawals, and online banking activities for security reasons. Customers must adhere to these limits and take precautions to protect their account credentials. Unauthorised transactions due to negligence may not be refunded. The bank may also freeze accounts if suspicious activity is detected.
FAB offers interest-bearing accounts where applicable, but interest rates may vary based on market conditions. Interest calculations and payments follow FAB’s banking policies. Customers should review terms related to overdrafts, loan-linked accounts, and foreign exchange transactions to understand applicable charges.
Users can close their FAB bank accounts by submitting a formal request, settling outstanding balances, and returning issued cards or chequebooks. FAB reserves the right to amend account terms and conditions, with prior notice provided to customers regarding changes in fees, services, or policies.

Note: Visit the bank’s official website for detailed terms and conditions.

How to Contact FAB?

Use the following contact numbers to connect with FAB officials —

Within the UAE — 600 52 5500
Outside the UAE — +9712 681 1511

Frequently Asked Questions

You can open this FAB account only in AED currency.

The FAB One bank account is an excellent choice as you get a wide range of perks without the need for maintaining a minimum balance. On top of that, you get a free Mastercard debit card that comes with privileges like free airport lounge access.

No. As a salaried applicant, you must have a salary of AED 10,000 or more to open the FAB account.

There are no bank account maintenance charges.

You can withdraw an amount of up to AED 20,000 per day.

Yes, 2.1% of the transaction amount + scheme charges are applicable.

The account closure fee is AED 105.

Account Types

Bank Wise Account

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