Business Accounts

If business is all about decisions, then a successful business is all about good, timely decisions. 

Helping you make the right decisions at the right time is FAB’s range of personalized business account solutions.  Each of our products is designed to give you the flexibility you need in today’s dynamic business environment, and the freedom you deserve to make bold decisions.

FAB’s range of business accounts include: 

Business Basic Account – one account to cover all your basic banking needs

  • AED and multi-currency options (inc. USD, GBP, JPY, EUR)
  • Reduced rates on banking services
  • AED 50,000 minimum average monthly balance
  • 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

 

Business Advantage Account - manage your business with flexibility and ease, with preferential rates and other exclusive privileges

  • AED and multi-currency options (inc. USD, GBP, JPY, EUR)
  • Reduced rates on banking services
  • Dedicated relationship manager  
  • AED 250,000 minimum average monthly balance
  • Free inward remittances for both local and foreign currencies 
  • Free unlimited cheque books
  • Wide network of branches, ATMs and cash deposit machines across UAE
  • Comprehensive online business banking services

 

Business Preferred Account – a comprehensive premium account with exclusive pricing

  • AED and multi-currency options (inc. USD, GBP, JPY, EUR)
  • Reduced rates on banking services
  • AED 500,000 minimum average monthly balance
  • Free inward remittances for both local and foreign currencies 
  • Free teller transactions  
  • Free unlimited cheque books
  • Wide network of branches, ATMs and cash deposit machines across UAE
  • Comprehensive online business banking services

 

Business Call Account

With our local and foreign currency call accounts, you benefit from an attractive interest rate and a competitive tariff and fee structure.

  • Available for both UAE residents and non-residents
  • Competitive tariff and fee structure
  • AED 10,000 minimum balance, or foreign currency equivalent
  • Multi-currency options for non-resident SMEs
  • Attractive interest rate

 

Fixed Deposit

Ensure your money keeps earning for you with our local and foreign currency fixed term deposit accounts, including preferential rates for deposits and roll-over facilities on maturity.

  • Term of 1 week to 10 years
  • AED 50,000 minimum balance, or foreign currency equivalent
  • Competitive interest rates, depending on duration and currency of deposit
  • Premature withdrawals permitted

 

Reporting

With FAB, not only will you enjoy complete control of your accounts, you’ll also have the ability to view, download and export reports and statements in various formats, including:

  • Bank statements
  • Online statements
  • Cheque book services
  • MT940 online reporting

 

 
 
 
 

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