First Abu Dhabi Bank

First Abu Dhabi Bank PJSC, commonly called FAB, offers three business bank accounts: Business Basic, Business Advantage and Business Preferred. The packages differ in the required monthly average balance, in dirhams.

Packages Basic requires an average monthly balance of AED 10,000, Advantage AED 250,000 and Preferred AED 500,000. The higher the balance requirement, the higher the account tier. Existing customers can use the product portal to request additional services.

Services The only service listed in the source material is business bank accounts for companies. No details are given on cards, payment channels, currencies or fees.

Who it suits UAE companies of different sizes that want to choose an account tier by the balance they keep: small firms for the Basic package, and larger companies with sizeable deposits for the upper tiers. Document requirements, restrictions for foreign-owned businesses and the price list are not in the material and should be requested from the bank before an application is made.