Business Basic Account

Business Basic Account First Abu Dhabi Bank (FAB)

Minimum Balance
AED 50,000
Islamic
Monthly Fee
AED

One account to cover all your basic banking needs.

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Features

  • AED and multi-currency options (inc. USD, GBP, JPY, EUR).
  • Reduced rates on banking services.
  • Free inward remittances for both local and foreign currencies.
  • Wide network of branches, ATMs and cash deposit machines across UAE.
  • Comprehensive online business banking services.

Eligibility

  • AED 50,000 minimum average monthly balance.
  • In FAB it is a requirement to have a business plan before applying for a business loan.

Documents required

  • Application form.
  • Trade Licence.
  • A valid passport and Copy of Visa.
  • Memorandum of Association (MOA).
  • Articles of Association (AOA).
  • Chamber of Commerce Certificate copy.
  • Board Resolutions.
  • Address proof.