This guide will help you to know FAB Savings account requirements. You can be assured that all you will need to have a savings account with First Abu Dhabi Bank (FAB) is right here in this short guide.
The terms and conditions surrounding banking operations are of paramount importance, it highlights all the critical things you need to know when it comes to a particular product or service.
At FAB, account requirements are core to its operations. This implies that, without knowing what these requirements are, you can’t open one.
The FAB savings account requirements must be met first before your account application can be approved. Hence, find out below what they are and open the account.
FAB Savings Account Requirements
The following outlines the requirements to have a FAB savings account:
- Proof of identity with a copy of valid passport/resident visa/Emirates ID (originals must also be presented
- Proof of income
- Fill out the account opening form.
- Salary Certificate (only when applying for credit facility too)
Aside from these required documents, applicants should also consider the following;
- Age should be 18 years or more
- Applicant must be a Salaried worker, self-employed, or non-salaried worker.
What Is The Minimum Balance Requirement For FAB Savings Account
A minimum balance requirement for the FAB Personal Savings account is AED 3,000.
The First Abu Dhabi Bank operates two main savings accounts, Elite Gold Savings Account and Personal Savings account.
There is no minimum balance to be maintained for the Elite Gold savings account, whereas the Personal savings account requires a minimum maintaining balance of AED 3000 per month.
Does Savings Account Have ATM Card
Yes, FAB savings accounts have ATM cards. This means account holders can apply for debit cards for the transactions of their accounts.
FAB has the Standard debit card, which is assigned a transaction limit of AED 20,000 per day, and the FAB Platinum debit card AED with a daily transaction limit of 40,000.
Contact their customer service center at 600525500 (residents) or +97126811511 (international) for more information regarding FAB Savings account requirements.
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