First Abu Dhabi Bank (FAB) was formed as a result of merger between First Gulf Bank and National Bank of Abu Dhabi in 2016
Founding date
2016
Account Opening Terms
Recommendations
Required
Description of activity
Detailed
Account type
Corporate and personal.
Required documents
Documens of account manager; proof of existing bank account outside UAE in english; bank statement for the last 6 months; copy of resident visa if applicable; original documents of company (for corporate accounts); CV
Minimum balance
719
Account opening nuances
Phone interview with private banker, resident visa not required
Account opening, possibility
Calculated
Cost and nuances of account maintenance
Translation cost
15-70 AED depending on type of account and addressee's country
Enrollment fees
Local currency - free; foreign currency - up to 15 AED depending on account type
Account maintenance cost
None
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