FAB Personal Current Account

The FAB personal current account offers a convenient and flexible banking solution tailored to meet everyday financial needs. Designed for easy access and efficient money management, this account provides features such as a free debit card, online and mobile banking, and high withdrawal limits.

FAB’s extensive branch and ATM network across the UAE ensures added convenience. You also benefit from international banking support, making the FAB personal current account a wise choice.

Features & Benefits if FAB Personal Current Account

With the FAB personal current bank account, you can enjoy the following benefits -

  • Open a bank account in AED, CHF, JPY, CAD, AUD, EUR, GBP, and USD currencies
  • The FAB personal current account minimum balance requirement is only AED 3,000 or equivalent
  • Get a FAB Mastercard debit card for free
  • Get your first chequebook for free

FAB Personal Current Account Requirements

Eligibility Criteria

Age You must be at least 21 years old
Residency You must be a UAE resident

Status of Employment

  • Salaried
  • Non-Salaried
  • Self-Employed

 

Documents Checklist

  • ✅ Emirates ID
  • ✅ Passport
  • ✅ UAE Residence Visa
  • ✅ Duly Filled Form

Note

📝 All the documents must be valid

📝 Keep the originals and copies of each document ready

📝 FAB may require additional documents

Open bank Account

Open a FAB Account with Paisabazaar.ae

Experience a seamless bank account opening process with Paisabazaar.ae.

Here’s what you need to do —

  1. Open this form and fill it out
  2. Submit the provided details
  3. Go through the list of accounts listed on the quotes
  4. Compare and select your preferred account

Here are a few reasons why you should choose us to find the best account for yourself!

  • ☑️ We have collaborated with UAE’s prominent banks
  • ☑️ Instead of jumping multiple sites, you can compare accounts from different banks and choose the best one
  • ☑️ Easily connect with our experts’ team for any queries or concerns

FAB Personal Current Account Charges and Fees

Refer to the key fees and charges of the FAB personal current account —

Type of Fee Charges
Account Opening Fee Free
Relationship Fee Free
Online Utility Payment Free
Dormant Account Charge Free
Non-receipt of Salary Free
Breach of Minimum Monthly Balance AED 26.25
Account Closure Fee (if closed within 6 months) AED 105
Liability Letter Issued to Government Departments AED 63
Liability Letter Issued to Financial Institutions AED 63
No Liability Certificate AED 63
Release Letter AED 52.5
Per Cycle Account Statement (Outside the agreed cycle) AED 26.25
AED Transfers Within the UAE AED 105
Standing Instruction Set-Up AED 52.5
Account Balance Letter AED 52.5

FAB Personal Current Account- Terms and Conditions

Listed are the primary terms and conditions of the FAB current account

  • All services provided by the bank are subject to eligibility criteria, applicable laws, and the Bank’s discretion. FAB may modify any service or change the type of account held by a customer at any time, for any reason.
  • Services are offered solely at the bank’s discretion. The bank may refuse or discontinue any service without liability, and, where permitted by law, will aim to explain the reason.
  • Services are personal to the named customer. If the user is not the ultimate beneficiary or originator of any instruction, even for a single transaction, they must notify the bank immediately.
  • Customers may open one or more accounts, subject to general and specific terms. The bank may also require the opening of a specific account to access certain services. Different accounts may carry separate requirements, and obligations on one account (e.g., minimum balance or margin calls) may apply regardless of funds in another.
  • To open an account, customers must provide all requested documentation in a form acceptable to the bank. If the bank declines to open an account, it will aim to provide a reason if allowed by law.
  • Customers must promptly inform the bank of any changes to previously submitted information, including name, contact details, ownership, or authorised representatives. Supporting documents must be provided as requested. Changes take effect only once received and accepted by the bank.

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

Frequently Asked Questions

In which currencies can I open a FAB personal current account?

The bank account is available in AED, CHF, EUR, GBP, USD, JPY, CAD, and AUD currencies.

How much is the FAB personal current account minimum balance requirement?

You must maintain a minimum monthly balance of AED 3,000 or equivalent.

How much is the daily retail purchase transaction limit of the FAB Standard debit card?

The daily purchase limit of the FAB Standard debit card is AED 20,000.

How can I contact Paisabazaar.ae for bank account opening-related queries?

Reach out to us via email at communication@paisabazaar.ae or call us at 800 728 4647.

I have lost my FAB debit card and want to reapply. How much fee does the bank charge?

The bank charges a card replacement fee of AED 26.25.

 

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