BankAbu Dhabi
FAB business account opening in the UAE
FAB is the UAE's largest bank by assets, formed from the 2017 merger of National Bank of Abu Dhabi and First Gulf Bank.
Bank account opening
Fixed price, one-off
1Your company
Bank account opening5,000.001,362
VAT250.0068
What we do for it
- 01Eligibility and profile assessment
- 02Documentation preparation
- 03KYC and compliance structuring
- 04Bank selection advisory
- 05Follow-up and coordination with the bank
- Wio
- Mashreq
- FAB
- ADCB
- Emirates Islamic
- Emirates NBD
- UBL
- RAKBANK
Which companies FAB suits
FAB's corporate banking is built around established businesses: trade finance, multi-currency treasury, regional payments at volume, and the relationship banking a growing group needs. That is where it makes the most sense.
A company formed last month, with one shareholder, a free zone licence and no trading history, usually gets a faster answer from a bank that opens accounts for new companies every week. We tell you which one on a call, open that account first, and bring you to FAB when a year of statements makes the case.
What strengthens the application
- Audited financials, or at least a full year of statements from an existing account.
- Real counterparties, named customers and suppliers, with contracts.
- Turnover that justifies the relationship. A corporate bank is pricing the relationship, not the account.
- A resident shareholder or a resident manager with signing authority.
- Group structure documented properly, including ultimate beneficial ownership, where the company sits under a holding entity.
Opening a UAE corporate account is the part that trips most people up
We know exactly what each bank's compliance team will ask, because we've done it a thousand times. Approval always rests with the bank, but a clean, well-briefed file is what makes it straightforward.
What the process looks like
- 01
Preparation
Corporate documents, ownership chain, and the financial history that supports the size of relationship you are asking for.
- 02
Relationship discussion
What the company needs from the bank (payments, facilities, currencies), rather than simply an account.
- 03
Compliance and onboarding
Detailed, and proportionate to the structure. A multi-layer ownership chain takes longer than a single shareholder.
- 04
Facilities, if any
Credit and trade lines are assessed separately from the account itself and on their own timetable.
Terms and eligibility
FAB sets its own charges, balance requirements and eligibility rules, and changes them, so we confirm the current ones with the bank for your company rather than quote them from memory.
Where OMC comes in
OMC has opened over a thousand UAE bank accounts across more than ten banks, and the value of that is mostly in knowing which door to knock on. For FAB, the useful thing we do is tell you whether your company is ready and, when it is not yet, which bank to start with so that it will be.
First Abu Dhabi Bank P.J.S.C. (FAB). Reviewed 22 July 2026. Account terms and eligibility are set by the bank and change. Confirm them with us or with the bank before you rely on them.
Other UAE banks
RAKBANKRas Al Khaimah
RAKBANK has one of the longest-running small-business banking operations in the UAE, and it is the bank most often willing to look at a newly formed company.
Read the guide
- Wio
- Mashreq
- ADCB
- Emirates Islamic
- Emirates NBD
- UBL
- RAKBANK
Ready to open your UAE corporate account?
Bank account opening is a fixed price, ordered on its own or with your company setup. Or ask us first which bank suits you.
Bank Account OpeningI had a great experience with OMC. The entire process was smooth, professional, and well-organized. Kashif was extremely helpful with the company registration process and guided me through every step with patience and clarity. Zubair provided excellent support with tax accounting, making everything easy to understand and ensuring all requirements were handled correctly. Roxy was also very efficient in assisting with the bank account opening process, making it quick and hassle-free. I truly appreciate the team's professionalism, responsiveness, and dedication. I highly recommend Oxford Management Consultancy to anyone looking to start a business in the UAE.
Bank account opening · Fixed price, one-off
Bank account opening5,000.001,362
VAT250.0068