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FAB Bank Accounts in the UAE

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FAB Bank Accounts in the UAE

The First Abu Dhabi Bank (FAB) is one of the most respected global financial institutions and among the largest banks in the UAE. The bank offers a wide array of services for its privileged clientele who seek tailor-made solutions. The FAB Bank savings and current accounts remain the numero uno choice for Emiratis and expatriates to undertake basic banking operations.

Bank account holders must keep track of their bank balances to check their credits, mitigate expenses, and prevent fraud. The First Abu Dhabi Bank has made it simple and convenient for customers to examine their bank accounts. The FAB Bank balance check online process is a breeze if you follow a few simple steps outlined in this article.

Types of FAB Bank Accounts in the UAE

FAB offers a range of bank accounts to suit the diverse needs of its large clientele base. These accounts are broadly categorized under savings and current accounts. The details are as follows:

1) Savings Accounts

A savings account helps you deposit cash and earn a modest interest to grow your savings over time. FAB offers the following four types of savings accounts with varied features and benefits.

Personal Savings Account : This account has a minimum balance requirement of AED 3,000 (or equivalent). It offers the facility to maintain your savings in Dirhams and other major currencies such as the US dollar or the euro.

iSave Account: At 5.25% interest per annum, this account offers one of the highest rates on savings accounts in the UAE. The account is available in AED only and there is no minimum balance requirement. The iSave account also offers unlimited withdrawals.

Elite Savings Account: This account offers tiered interest rates based on your average balance size. It is a multi-currency account with no minimum balance requirement.

Personal Call Account: This is a convenient account available in AED and other major global currencies. The account holders can earn interest on their balances and access funds whenever they need

1) Current Accounts

A current account is useful for traders and business entities who require daily banking transactions. This account offers high liquidity but low interest earnings. FAB has three types of current accounts.

Personal Current Account: This account offers a free debit card, a free first checkbook, and free lounge access at select airports for Platinum cardholders

FAB One Account: Zero minimum balance charges, reward points & special discounts on purchases, and free airport lounge access are some of the hallmark features of a FAB One Account

Elite Current Account: This is a multi-currency account with no minimum balance requirements. The account also offers free unlimited checkbooks and a Gold Mastercard World debit card.

How to Check Your First Abu Dhabi Bank Balance - Steps to Follow

The FAB bank account balance check is a simple procedure that helps you get a real-time view of your account and transactions. Account holders can easily track the money inflow and outflow by following any of these three methods:
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Step 1 : Through the FAB Website

The official website of the First Abu Dhabi Bank facilitates a FAB balance check online if you follow these simple steps.

  • Visit the official FAB bank portal and navigate to the card service page
  • Enter the details of your FAB bank card and the 16-digit ID number in the two boxes shown
  • Click ‘Login’ to view your account details
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Step 2 : Through the FAB Mobile App

The FAB Bank balance inquiry can be done by downloading the FAB mobile app on your smartphone. The steps are as follows:

  • Download the official FAB Bank mobile app from the Play Store or the App Store.
  • Log in using your customer ID or debit card number. A password is sent to your registered mobile number.
  • Enter the password and log in to your account page. Then click on ‘Check Balance’ to view your account balance and other details.
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Step 3 : Through the Bank’s ATM

The FAB bank ATM balance check is the best solution if you are stuck in an area with low or no internet coverage. Just visit the nearest FAB bank ATM and follow these simple steps.

  • Insert your FAB bank debit card into the ATM
  • Select ‘Check Balance’ and provide your PIN
  • Press ‘Enter’ to view your account balance on the ATM screen

How to Get the First Abu Dhabi Bank Statement through Online Banking?

The step-by-step procedure to obtain your FAB bank statement through online banking is as follows:

Visit the official website of the First Abu Dhabi Bank.

Log in to your account by entering the user ID and the password.

Navigate to the ‘bank accounts’ tab and select the ‘e-statements’ option. Please follow the requisite procedure to register and get your bank account statement online.

FAB Bank Account Opening Requirements

The basic requirement to open an FAB account is the applicant has to be a citizen or a resident of the UAE. The specific FAB bank account opening requirements may vary based on the account type. Please contact the bank’s customer care center or check the website for complete details.

Required documents

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The completed account opening form.

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Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)

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Proof of income

How to Open an FAB Bank Account Online?

After choosing your account type (savings, current, or salary), please follow the steps given below to open a FAB bank account through different modes. Please ensure that you fulfill the eligibility criteria to open an FAB bank account.

Visit the official website of the First Abu Dhabi Bank. Fill out the bank account application form with the requisite details.

Download the FAB Bank mobile app on your smartphone. Select the option to open a new bank account. Enter the details and submit the same.

Contact the bank’s customer care center and place a request to open a bank account of your choice.

FAB Bank Balance Enquiry in Mobile Banking

The account holders must activate the mobile banking feature for the FAB bank balance inquiry. The procedure is as follows:

Download the official FAB bank mobile app from the Play Store or the App Store.

Click on the option ‘Register for Mobile Banking’ and enter your debit card details.

Enter the OTP sent to your registered mobile number.

Create a new password by following the given instructions. The new password can be used to access your account (via mobile banking) and view the account details.

Features and Benefits of a FAB Bank Account in the UAE

The First Abu Dhabi Bank offers a host of benefits to savings account and salary account holders. The details are as follows:

1) FAB Bank Savings Account

Low or nil average monthly balance requirement

Attractive interest rates (as high as 5.25% p.a.)

Tiered interest rates on savings deposits in AED

High daily ATM cash withdrawals and purchase limits

Account availability in AED and other major global currencies

Free debit card with complimentary airport lounge access (on certain account types)

2) FAB Bank Digital Salary Account (Payit Plus)

One-stop solution for all digital payments, utility bill payments, online shopping, and international money transfers

Zero minimum balance requirement

Zero account service fees

Zero annual charges & fees

Zero fees on physical & digital cards

Zero fees on Easy Transfer

Competitive foreign exchange rate offers

100+ offers on purchases from online global brands and popular stores in the UAE

Frequently Asked Questions on FAB Bank Balance Inquiry

There is no minimum balance requirement for a default savings account in the FAB bank. However, the personal savings account has a minimum balance requirement of AED 3,000 (or its equivalent).

The FAB bank salary account balance check is a breeze if you have a salary prepaid card. The prepaid card balance can be checked at any of the FAB bank ATMs without entering any number.

SWIFT is a global organization that facilitates safe and secure financial transactions. The SWIFT code helps to identify the bank branch to which money has to be transferred. This code is required for both money transfers and receipts. For FAB bank, the SWIFT code is NBADAEAAXXX.

Account holders who want to check their FAB bank account statements for a balance inquiry can log into their online accounts or place a request for a physical copy from the bank. The FAB bank mobile app also provides an option to view your account statement.

The interest rate offered by the FAB bank varies based on the account type. While the current account typically does not provide any interest earnings, the iSave account (a type of savings account) offers interest rates as high as 5.25% p.a.

FAB bank account holders can obtain their 6-month account statements by logging in to their online accounts and downloading them. Alternatively, they can also contact the bank’s customer care center and place an account statement request for a specific period.