I’m Shilpa from DhanGuard Consultancy, and over the last five years, I've worked with many entrepreneurs and investors who were comparing different UAE banking options, including FAB's business banking solutions.

One thing to know about FAB is that the minimum balance requirement varies significantly depending on the account tier you choose:

• Business Basic Account: Requires a minimum average monthly balance of AED 10,000*.
• Business Advantage Account: Requires a minimum average monthly balance of AED 250,000*.
• Business Preferred Account: Requires a minimum average monthly balance of AED 500,000*.

If you opt for the Business Basic Account and fail to maintain the AED 10,000* average balance, FAB generally charges a fall-below fee of AED 100* per month. This account also comes with a standard monthly maintenance fee of AED 250*, which is typically waived for customers who upgrade to higher-tier business banking packages.

From a practical standpoint, I usually tell business owners to choose their banking package based on their expected cash flow rather than simply selecting the entry-level account. For example, a startup with limited working capital may find it challenging to maintain a high average balance, whereas an established company with significant transactions may benefit from the additional services offered in the higher tiers.

Before opening a FAB Business Bank Account, it's always worth evaluating not just the minimum balance requirement but also the monthly fees, transaction limits, and banking services included with each package.

Hi,

For a FAB Business Bank Account, the minimum balance starts at AED 10,000 per month for the entry-level Business Basic Account. If your average balance falls below the required threshold, a fall-below fee may apply.

FAB Business Account Balance Requirements

The Business Basic Account is generally the most practical option for smaller companies, although it may also carry a monthly maintenance charge of around AED 250.

The higher-tier Advantage and Preferred accounts are designed more for established businesses with larger transaction volumes and balances. FAB also offers fixed-deposit products, with minimum deposits typically starting around AED 50,000.

One important point is that the minimum balance is not the only cost to consider. Before selecting an account, compare the monthly maintenance fee, fall-below charges, local and international transfer fees, cash deposit charges, and the banking services your business actually needs.

If you're a startup trying to preserve working capital, the AED 10,000 Business Basic threshold is worth comparing against UAE banks and digital platforms with lower or zero minimum-balance options.