We at FAB understand the importance of taking care of investments as we believe that you deserve to earn more returns on your savings. With this in mind, we offer to our non-resident customers living in UAE banking services with competitive returns, seamless accessibility and numerous services, bringing you closer to Egypt from the UAE.
Accounts
Personal Savings Account
- Interest bearing account
- Avaliable in EGP, USD, EURO, GBP and AED
- Flexibility to access your funds from anywhere using the internationally accepted Debit Cards
- Earn competitive return up to 12% p.a. on your EGP account
- Enjoy the convenience and flexibility to execute banking transactions through mobile and online banking
- Enjoy discounts and offers from different merchants while using your debit card, Find out more
- Find out more about personal saving account
First Step Savings Account
- Flexible and convenient
- Minimum opening amount EGP 500
- Competitive interest rates
- Exemption from opening an account and minimum balance charges
- Free standing instruction to transfer fixed amounts from your account to your child's first step account
- Find out more about First Step Saving account
Personal Current Account
- Available in major countries such as EGP, USD, EURO, AED, etc
- Available for joint accounts
- Flexibility to access you funds from anywhere using internationally accepted Debit Cards
- Cheque book provided
- Enjoy discount and offers from different merchants while using your debit cards, Find out more
- Find out more about Personal Current account
Deposits Product
Floating Certificates of Deposits
- Earn competitive returns on your savings of up to 16% p.a.
- Certificates available in EGP only
- Flexible to choose the interest frequency (monthly, quaterly, yearly)
- Tenor of certificate is 3 years
- Enjoy convenience of disbursing the interests to the account so you can access your funds from anywhere using the internationally accepted Debit Cards
- Option to borrow up to 95% from the CD amount at preferential rate
- Free insurance of cheque book for the first time
- Free insurance secured credit card for the first year only for Classic and Gold
- Find out more about Floating Certificates and Deposits
Fixed Certificates of Deposits
- Earn competitive returns on your savings of up to 14.75% p.a.
- Certificates available in EGP only
- Flexible to choose the interest frequency (Monthly, Quaterly, Yearly)
- Tenor of certificate is 3 years
- Enjoy convenience of disbursing the interests to the account so you can access your funds from anywhere using the internationally accepted Debit Cards
- Option to borrow up to 95% from the CD amount at preferential rate
- Free insurance of cheque book for the first time
- Free insurance secured credit card for the first year only for Classic and Gold
- Find out more about Fixed Certificates and Deposits
Fixed Deposits
- Enjoy competitive interest rates
- Available in several currencies EGP, USD, EURO, GBP
- Deposit fund for pre-specified period ranging from 1 week to 12 months
- Exemption from minimum balance charges for one A/C
- Internationally accepted debit card linked to an account
- SMS alerts each time your debit card is used
- Enjoy discounts and offers from different merchants while using your debit card, to see list of merchant discounts, Find out more
- Find out more about Fixed Deposits
Real Estate Loans
Discount and Promotions
- Finance your dream home in Egypt at competitive interest rates
- Real estate loans up to EGP 15 million
- Extended settlement period up to 15 Years
- Purchasing of apartments, villas with loan amount up to 80% of unit value
- Simple and convenient process
- Flexible Payment schemes, with an added convenience of starting your first installment after four months from the date of loan disbursement
- Finishing/furnishing of existing owned apartments, villas with loan amount up to 80% from unit value
- Buyout of real estate due outstanding with other banks/developers
- Joint loans are accepted
- Free life and fire insurance, Find out more
Accessibility
Online Mobile
- Check your account balance and recent transactions
- Transfer funds within and outside FAB in Egypt
- Convenience of controlling over your accounts and cards at your fingertips
- Apply for a loan
- Set up notifications and alerts to keep you up to date with foreign currency rates and debit/credit transactions
- Find out more about online and mobile banking
Contact Centre
Open Your Account
Required Documents
- Valid national ID or passport
- Work verification (Letter of employment)
- Proof of address
- Residency verification for foreigner resident
- Additional requirements may be required by the bank
Eligibility
- Individuals above 21 years old
- Egyptian nationals and foreigners
Fees and Charges
- Free account opening in Egypt until 30 September 2018
- Monthly account fees: EGP: 10 USD: 3, Other FCY equivalent to USD 3
- Monthly fees for balances below required EGP accounts 20EGP/month USD accounts: 5 USD/month other FCY accounts: equivalent to USD 5/ month
- Free cheque book insurance fees (10 leaves) until 30 September 2018