Some FAB accounts are designed for only residents of UAE whiles foreigners can also have the opportunity to open some accounts. All the various accounts have their own eligibility requirements.
For opening any bank account, the applicant has to fulfill some eligibility requirements some of which are required no matter the type of account you are opening. Following are the Eligibility Criteria to Open a FAB Bank Account in UAE.
Bank Account Name | Eligibility Criteria |
Elite Gold Current Account | TRB (Total Relationship Balance) must be AED 500,000 equivalent & more (TRB= Savings/ Call Account /Current Balance + Investments + Fixed Deposits) |
Personal Current Account | Must be a UAE Resident Self-employed, salaries, or non-salaried |
Etihad Guest Elite Account | TRB (Total Relationship Balance) must be AED 500,000 equivalent & more (TBR= Savings/ Call Account /Current Balance + Investments + Fixed Deposits) |
Etihad Guest Account | Must be a UAE Resident Minimum salary required: AED 10,000 monthly Minimum Initial Deposit: AED 10,000 (for non-salaried applicants) |
Elite Gold Savings Account | TRB (Total Relationship Balance) must be AED 500,000 equivalent & more (TBR= Current/ Call Account /Savings Balance + Investments + Fixed Deposits) |
Personal Savings Account | Minimum age: 18 years self-employed, salaries, or non-salaried Residency: GCC Nationals, UAE Nationals, non-resident, and resident expatriates |
Personal Call Account | Residence: Residents of the UAE as well as non-residents Both salaried & non-salaried applicants are eligible |