The following are some of the First Abu Dhabi Bank Accounts FAQs (frequently asked questions) on account opening and its related information and their answers
Q1: Do I have to pay any fees for opening these accounts?
Ans: No, you do not have to pay any fees for opening these FAB bank accounts.
Q2: Do I have to maintain any minimum balance on these FAB accounts?
Ans: In the case of a few accounts, you do not have to maintain any minimum monthly balance. However, you will have to maintain a minimum average balance of AED 3,000 on the accounts.
Q3: What penalty do I have to pay if I fail to maintain the minimum balance on this FAB Account?
Ans: In case you breach the minimum balance, that is, your minimum monthly balance goes below AED 3,000, then you will have to pay a fee of AED 25 monthly.
Q4: Is there any relationship fee charged on these bank accounts?
Ans: No, you do not have to pay any relationship fee on these accounts.
Q5: What amount of fees do I have to pay for closing my bank account?
Ans: You have to pay a fee of AED 105 for closing the account.
Q6: Do I have to pay any charges for setting up standing instructions on this FAB Account?
Ans: Yes, you have to pay a fee of AED 52.50 for setting up standing instructions on this account. You will also have to pay a charge of AED 25 as penalty for having insufficient money for standing orders.
Q7: Is there any dormant account fee on these accounts?
Ans: No, the First Abu Dhabi Bank does not charge any dormant account fee from the account holder.
Q8: How much do I have to pay for no liability certificate?
Ans: You have to pay AED 105 on no liability certificate on this FAB Account.
Q9: Do the FAB Bank also provide credit cards in UAE?
Ans: Yes, there are various types of FAB Credit Cards that can be applied in the UAE.
Q10: How do I change or update my new mobile number or my email address in my bank records?
Ans: You can update your mobile number or email address through:
- FAB Mobile – From the Home Page, go to ‘Personal Profile’ and tap ‘Personal Details’ to edit your information.
- Online Banking – Select ‘Services’, go to ‘Other Services’ and click on ‘Update Mobile Number’.
- Telephone banking (IVR) – Call 600 52 5500 (within UAE) | +971 2 681 1511 (outside UAE).
Select the language option, press 2 (Credit Cards) and press 7 (Mobile Number Change) OR select the language option, press 3 (Accounts and Loans) and press 4 (Mobile Number Change). - FAB branch – Ask our representative at your nearest branch. You’ll find the complete list here.
Q11: How do I get my IBAN details?
You can get your IBAN number through:
- FAB website – Use our IBAN Generator tool.
- FAB Mobile – Find your IBAN number under your account details on the Home Page.
- SMS – SMS ‘IBAN {space} last 4 digits of your account number’ to 2121 from your registered mobile number.