fab Bank

FAB provides one of the most customer friendly banking experience by offering services like

  • Personal banking involving all credit cards, loans, mortgage, insurance, Islamic products etc.,
  • Business banking involving Wealth and insurance, Trade and working capital etc.,
  • Corporate and investment involving Global transaction banking, Global corporate finance, Global markets etc.,

FAB

CEO : Abdul Hamid Saeed Chairman : H.H. Sheik Tahnoon Bin Zayed Al Nahyan Vice Chairman : H.E. Nasser Ahmed Al Sowaidi

Savings Account Provided by FAB

Elite Gold Savings Account

minimum balance

Min Balance to Maintain

0

annual fee

Annual Fee

0

relationship manager

Relationship Manager

Yes

Currency Account

Yes

minimum balance

0

Min Balance to Maintain

annual fee

0

Annual Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

Features

  • No need to maintain a minimum balance in the account
  • Can avail the account in multiple currencies
  • Can get 0.020% profit rate on the account balance maintained
  • Free fund transfer facility
  • Minimum AED 500,000 total relationship balance should be available to be eligible for the Elite Gold Savings account

Benefits

  • Free cash withdrawal at any bank ATM in the UAE region
    Very high cash withdrawal limit is provided
    Can withdraw cash from GCC regions ATMs for free up to 4 times per month
    Can earn 0.75 stars on every AED 2 spent locally
    Can earn 1.5 stars on every AED 2 spent on international purchases

Personal Savings Account

annual fee

Annual Fee

0

Currency Account

Yes

annual fee

0

Annual Fee

Yes

Currency Account

Features

  • Salaried, non-salaried and self-employed people are eligible for this account.
  • This account is open to UAE Nationals, GCC Nationals, Resident expatriates and non-resident
  • This account is available in Dirham and all the other major currencies.
  • There is an initial deposit requirement of AED 3000 for this account.
  • You can earn competitive interest rates on your account.

Benefits

  • There is no monthly fee on this account
    Make cash withdrawals from any ATMs
    Avail complimentary airport lounge access
    Avail purchase protection with all your purchases up to 90 days from the date of purchase.

Call Account

minimum balance

Min Balance to Maintain

3K

monthly fee

Monthly Fee

0

annual fee

Annual Fee

0

Currency Account

Yes

minimum balance

3K

Min Balance to Maintain

monthly fee

0

Monthly Fee

annual fee

0

Annual Fee

Yes

Currency Account

Features

  • Can access account in AED and other currencies as well
  • A minimum balance of AED 3000 to be maintained in the account
  • Only UAE residents are eligible

Benefits

  • Can earn some profit rate on the account balance maintained
    Competitive interest rates are provided
    No monthly charges are levied

iSave Electronic Account

minimum balance

Min Balance to Maintain

3K

monthly fee

Monthly Fee

0

annual fee

Annual Fee

0

relationship manager

Relationship Manager

No

Currency Account

No

minimum balance

3K

Min Balance to Maintain

monthly fee

0

Monthly Fee

annual fee

0

Annual Fee

relationship manager

No

Relationship Manager

No

Currency Account

Features

  • There is no monthly fee on this account.
  • This account can be availed in AED alone.
  • There is no minimum balance required for this account.
  • There are no monthly or annual fees on this account.
  • Can earn up to 3% profit rate per annum

Benefits

  • There are no restrictions on the number of withdrawals on this account.
    You can open up to 10 banking channels through online banking portal.
    You can create your own nicknames for your account according to your comfort.
    Instant account opening for existing Current and Savings account holders through online banking channel.
    You can avail a free debit card with this account