Expert Guide · Independent, Not Bank-Affiliated
FAB Corporate Account Requirements in UAE
By Alena Makhnovskaya, Co-Founder · Head of Advisory, OmniTrust AE · Reviewed by Sergey Stepanov, Lead Co-Founder · Published 21 September 2026 · Last reviewed 21 September 2026
First Abu Dhabi Bank (FAB) publishes minimum average monthly balance thresholds for its business account tiers, ranging from AED 10,000 (Business Basic) to AED 500,000 (Business Preferred). FAB's business banking page we reviewed does not itemise specific eligibility criteria, required documents, or a processing timeline — where information is not published, this guide says so rather than guessing.
Last reviewed: 21 September 2026This article distinguishes three types of information: (1) requirements officially published by FAB, cited with a source link; (2) OmniTrust's general observations from working across UAE banks, clearly labelled as such; and (3) points FAB does not publicly disclose, marked accordingly. OmniTrust AE is an independent advisory firm and is not affiliated with, endorsed by, or a partner of FAB.
Officially Published Account Types and Balances
Per FAB's official Business Banking Accounts page:
- Business Basic Account — AED 10,000 minimum average monthly balance
- Business Advantage Account — AED 250,000 minimum average monthly balance; includes a dedicated relationship manager
- Business Preferred Account — AED 500,000 minimum average monthly balance; described by FAB as "a comprehensive premium account with exclusive pricing"
- Business Call Account — AED 10,000 minimum balance (or foreign-currency equivalent), for competitive interest
- Fixed Deposit — AED 50,000 minimum balance (or foreign-currency equivalent), terms from 1 week to 10 years
FAB's page also states multi-currency support (including USD, GBP, JPY, EUR), free inward remittances for local and foreign currencies, and free cheque books on the Advantage and Preferred tiers.
Not Officially Confirmed
The FAB page we reviewed does not itemise a specific document checklist, a minimum company age, an office/premises requirement, a residency requirement, or a guaranteed processing timeline. Requirements may vary depending on the client profile and the bank's internal compliance review. For a general document checklist that applies across UAE banks, see our Corporate Bank Account Requirements Checklist.
OmniTrust's General Experience (Not FAB-Specific)
Across UAE banks generally — not specific to FAB — OmniTrust AE has observed that fast-track corporate account cases may start from approximately 5–6 business days, while standard cases typically take around 2–4 weeks, depending on the bank and compliance review. This is a general market observation, not a FAB commitment, and OmniTrust cannot guarantee any particular timeline with any bank.
Official Sources & References
- First Abu Dhabi Bank — Business Bank Accounts (official site, source for account types and balances)
Note: FAB's published minimum balances and account features can change. OmniTrust recommends confirming current figures directly with FAB before relying on them for a decision.
Frequently Asked Questions
FAB Corporate Account FAQ
No. OmniTrust AE is an independent advisory firm. This article is based on FAB's own published information and is provided for general guidance only.
Per FAB's published account page, the Business Basic account requires a minimum average monthly balance of AED 10,000. Higher tiers require AED 250,000 or AED 500,000 — see the table above. Confirm current figures directly with the bank.
FAB's account page we reviewed does not itemise a document checklist. Generally, UAE banks request the trade licence, incorporation documents, shareholder identification and source-of-funds evidence — see our general checklist.
No adviser can guarantee a bank's final approval. OmniTrust AE can assess the profile, prepare the KYC package and coordinate the process, but the final decision is made independently by the bank.
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