FAB Savings Account Requirements, Fab isave account 17 April
This guide will help you understand the requirements for an FAB Savings account. You can rest assured that everything you need to open a savings account with First Abu Dhabi Bank (FAB) is included in this brief guide.
The terms and conditions governing banking operations are critical; they highlight all of the critical information you need to know when it comes to a specific product or service.
Account requirements are central to FAB's operations. This means you can't open one if you don't know what the requirements are.
Before your account application can be approved, you must first meet the FAB savings account requirements. As a result, find out what they are and open an account.
REQUIREMENTS FOR A FAB SAVINGS ACCOUNT
The following are the requirements for opening an FAB savings account:
- Identity proof in the form of a copy of a valid passport/resident visa/Emirates ID (originals must also be presented).
- Income documentation
- Fill out the account registration form.
- Certificate of Salary (only when applying for credit facility too)
In addition to the required documents, applicants should consider the following;
- The applicant must be at least 18 years old.
- The applicant must be a salaried, self-employed, or non-salaried employee.
WHAT IS THE MINIMUM BALANCE FOR A FAB SAVINGS ACCOUNT?
The FAB Personal Savings account has a minimum balance requirement of AED 3,000. The Elite Gold Savings Account and the Personal Savings Account are the two main savings accounts offered by First Abu Dhabi Bank.
The Elite Gold savings account has no minimum balance requirement, whereas the Personal savings account has a monthly minimum balance requirement of AED 3000.
IS THERE AN ATM CARD IN THE SAVINGS ACCOUNT?
Yes, ATM cards are available for FAB savings accounts. This means that account holders can apply for debit cards to use for account transactions.
FAB offers the Standard debit card, which has a daily transaction limit of AED 20,000, and the FAB Platinum debit card, which has a daily transaction limit of AED 40,000.
For more information on FAB Savings account requirements, call their customer service center at 600525500 (residents) or +97126811511 (international).
This is where we'll lower the curtain.
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