Managing your everyday money in the UAE doesn’t need to be complicated. The FAB Personal Current Account—offered by First Abu Dhabi Bank (FAB), the largest bank in the UAE—gives residents a secure, flexible, and globally connected way to handle daily transactions. From receiving your salary to paying utility bills, this account is designed with convenience and lifestyle in mind, while also offering international reach through multi-currency options.

Whether you are a salaried employee in Dubai, a self-employed professional in Abu Dhabi, or an expat managing finances across borders, the FAB Personal Current Account remains one of the most practical banking solutions available.

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Why the FAB Personal Current Account Stands Out

FAB is more than just another retail bank—it’s the UAE’s flagship financial institution with deep ties across the Middle East, Europe, Asia, and North America. That global presence translates directly into benefits for account holders:

Multi-currency flexibility: Open your account in AED, USD, EUR, GBP, JPY, CAD, CHF, or AUD, allowing you to move money internationally with ease.
Low entry requirement: A minimum balance of only AED 3,000 (or equivalent) makes it accessible for a wide range of customers.
Free essentials: Enjoy a free Mastercard debit card, free first chequebook, and complimentary digital banking access.
High transaction limits: Withdraw large amounts or make retail purchases of up to AED 20,000 per day with the FAB Standard debit card.
Airport lounge benefits: FAB Platinum debit cardholders enjoy free lounge access at selected airports.

With one of the most extensive branch and ATM networks across the UAE, FAB ensures that your account is never out of reach.

Related: FAB Bank Current Account

Eligibility Criteria for Opening a FAB Personal Current Account

To open an account, you must meet basic requirements set by FAB:

Age: Minimum of 21 years
Residency: Must be a UAE resident
Employment Status: Available for salaried, self-employed, and non-salaried individuals

Required Documents

To comply with UAE banking regulations, you’ll need to provide:

Valid Emirates ID
Copy and original of passport
Valid UAE residence visa
Completed application form
Proof of income (salary certificate or trade license for self-employed)

📌 Note: FAB may request additional documents depending on your profile. Always keep both originals and copies handy.

Recommended: How to Open a FAB Bank Account

Fees and Charges

Unlike some accounts that hide fees in the fine print, FAB’s charges are straightforward:

Service	Fee
Account Opening	Free
Relationship Fee	Free
Online Utility Payments	Free
Non-receipt of Salary	Free
Breach of Minimum Balance	AED 26.25
Account Closure (within 6 months)	AED 105
Liability/No Liability Letters	AED 52.5 – 63
Extra Account Statement Cycle	AED 26.25
AED Transfers within UAE	AED 105
Standing Instruction Setup	AED 52.5
Debit Card Replacement	AED 26.25

👉 For the latest updates, always refer to the official FAB website.

Conventional vs. Islamic Personal Current Accounts

FAB caters to diverse customer needs by offering both conventional current accounts and Islamic current accounts:

Conventional Account: Standard features for day-to-day banking with debit cards, cheque books, and international transactions.
Islamic Account (Qard Hasan): Shariah-compliant account where deposits are treated as a benevolent loan, ensuring alignment with Islamic finance principles.

This dual offering ensures that FAB remains inclusive for all UAE residents, regardless of financial preference.

How to Open a FAB Personal Current Account

You can open your FAB account in several ways:

Directly with FAB: Visit any branch across Dubai, Abu Dhabi, or other emirates, or apply through their official website.
Through trusted partners like Paisabazaar.ae, which allows you to compare UAE bank accounts and apply online conveniently.

Everyday Banking, Simplified

The FAB Personal Current Account isn’t just about storing money—it’s about making daily life smoother:

Salary deposits: Receive your monthly income securely and on time.
Utility bill payments: Pay DEWA, Etisalat, du, and more directly online.
Global mobility: Use your debit card across millions of merchants worldwide.
Financial flexibility: Manage multiple currencies without juggling separate accounts.

FAB is deeply integrated into the UAE’s financial ecosystem, making it one of the most reliable choices for residents who want peace of mind.

FAB Personal Current Account – FAQs

1. What is the minimum balance required for the FAB Personal Current Account?
You must maintain a minimum monthly balance of AED 3,000 or its equivalent in other currencies.

2. Can I open a FAB Personal Current Account if I am self-employed?
Yes. The account is available for salaried, self-employed, and non-salaried UAE residents.

3. What currencies are supported?
You can open an account in AED, USD, EUR, GBP, CHF, JPY, CAD, and AUD.

4. What happens if I don’t maintain the minimum balance?
FAB charges AED 26.25 per month for falling below the required balance.

5. Is there an Islamic version of the account?
Yes, FAB offers a Shariah-compliant current account under the Qard Hasan principle.

6. How much is the daily purchase limit on the debit card?
The daily retail purchase limit for a FAB Standard debit card is AED 20,000.

7. What should I do if I lose my FAB debit card?
You can request a replacement, which incurs a fee of AED 26.25.

Final Thoughts

The FAB Personal Current Account blends everyday convenience with global accessibility. With low balance requirements, multi-currency support, and both conventional and Islamic banking options, it’s one of the most versatile current accounts in the UAE.

At TheDubaiWeb.com, we recommend FAB’s offering for anyone who wants a secure, flexible, and future-ready bank account—whether you’re an expat managing cross-border income or a UAE resident looking for a dependable everyday banking partner.

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Safna

Safna is a full-time writer at TheDubaiWeb.com, where she covers the latest finance news and trending topics across the UAE. With over 10 years of experience living in the UAE, she brings local insight and a deep understanding of the region to her reporting.