First Abu Dhabi Bank PJSC

Current Accounts: Key Facts Statement

Current Account is a primary relationship account designed with features such as Cheque Book and Debit Card for meeting daily transaction requirements.

Personal Current Etihad Guest Elite

Current Account Elite Current Account FAB One Account Etihad Guest Account
Account Account

AED, USD, GBP, and other AED, USD, GBP, and other
Currency major currencies major currencies
AED only AED only AED only

AED 3,000 or equivalent Zero balance account for Zero balance account, however Zero balance account, Zero balance account, however
Account Minimum amount per currency should customers for Elite, Private average monthly balance however average monthly average monthly balance
Balance be maintained as the Banking and KCG customers should be AED 10,000 for balance should be AED 10,000 should be AED 10,000 for
average monthly balance only earning FAB Rewards for earning Etihad Guest Miles earning Etihad Guest Miles

Monthly Fees for

Not applicable as it is a zero- Not applicable as it is a zero- Not applicable as it is a zero- Not applicable as it is a zero-
Breach of Minimum AED 26.25 per month
balance account balance account balance account balance account
Balance

Interest Rate Without interest (0%) Without interest (0%) Without interest (0%) Without interest (0%) Without interest (0%)

Interest on Debit Fixed rate - 19% p.a. Fixed rate - 19% p.a. Fixed rate - 19% p.a. Fixed rate - 19% p.a. Fixed rate - 19% p.a.
Balance (min AED 175 per month) (min AED 175 per month) (min AED 175 per month) (min AED 175 per month) (min AED 175 per month)

Interest on Debit Daily balance x 19% x Daily balance x 19% x number Daily balance x 19% x number Daily balance x 19% x number Daily balance x 19% x number
Balance calculation number of days/360 of days/360 of days/360 of days/360 of days/360

FAB Platinum Debit Card FAB World Debit Card FAB One Platinum Debit Card Etihad Platinum Debit Card Etihad Signature Debit Card

Daily ATM Withdrawal Limit: Daily ATM Withdrawal Limit: Daily ATM Withdrawal Limit: Daily ATM Withdrawal Limit: Daily ATM Withdrawal Limit:
AED 15,000 AED 25,000 AED 15,000 AED 15,000 AED 25,000

Daily Purchase Limit: Daily Purchase Limit: Daily Purchase Limit: Daily Purchase Limit: Daily Purchase Limit:
AED 40,000 AED 75,000 AED 40,000 AED 40,000 AED 75,000
Debit Cards Daily
FAB World Elite Debit Card
Limit FAB Standard Debit Card
Daily ATM Withdrawal Limit:
Daily ATM Withdrawal Limit: AED 30,000
AED 10,000
Daily Purchase Limit:
Daily Purchase Limit: AED 100,000
AED 20,000
 Own ATM Fees Free
International Transaction Processing Fee*** 2.1% of the transaction amount + scheme charges

Other banks’ ATMs (in the UAE) – AED 2.10

Fees for using an ATM outside the Bank (per
Other banks’ ATMs (In the GCC) – AED 6.30
transaction)
Other banks’ ATMs (internationally) – AED 21

Debit Cards
***This fee will be in addition to the standard processing fee charged by Mastercard/Visa. Foreign currency purchases and ATM cash withdrawals are converted into
Withdrawal/
AED by card scheme (MasterCard or Visa) using their applicable exchange rates on the day the conversion is made.
Transaction Fees
▪ Personal Current Account: Free cash withdrawals from FAB ATMs
▪ Elite Current Account: Free cash withdrawals from FAB ATMs as well as non-FAB ATMs in the UAE. Four free cash withdrawal per month from any ATM outside
the UAE
▪ FAB One Account: Free cash withdrawals from FAB ATMs and four free cash withdrawals from any non-FAB ATMs in the UAE.
▪ Etihad Guest Account: Free cash withdrawals from FAB ATMs and two free cash withdrawals from any non-FAB ATMs in the UAE
▪ Etihad Guest Elite Account: Free cash withdrawals from FAB ATMs, four free cash withdrawals from any non-FAB ATMs in the UAE and one free cash
withdrawal per month from any ATM outside the UAE.

▪ For new banking relationships, a cheque book containing maximum 10 cheque leaves will only be issued for free. After a period of six months and provided no
cheques are returned (unpaid), additional cheque books may be issued and will be subject to following charges: 10 leaves – AED 21, 25 leaves – AED 26.25

▪ For customers with existing account relationship, a cheque book containing 25 leaves may be issued and will be subject to charges of AED 26.25. The maximum
number of cheques in a cheque book will be 25 leaves.
Cheque Book
▪ Cheque returns due to insufficient funds are subject to charges mentioned in the schedule of charge. 4 or more cheque returns due to insufficient funds, may
lead to account closure.

▪ All cheque returns, will be reflected in the AECB report which will negatively affect the customer’s credibility.

Warning:
1. In addition to fee charged by FAB for Foreign Currency Transfers, additional fees may be levied by the correspondent bank/financial
Institution or entity providing financial services to the beneficiary of remittances.

2. Penalties and Fees may be applied if there Is a customer error or omission in providing correct or incomplete Information for remittances.

3. International remittance service may be affected by changes in foreign currency exchange rates.

4. The actual time to complete a transaction may differ from estimates due to Increased scrutiny of transactions by the correspondent
bank/financial Institution or entity providing financial services to the beneficiary of remittances.
Notes:
- All the information / options provided by the bank are for customers’ informed decision making and this will not be deemed as a specific advice.
- The Customer shall submit to the Bank all forms, documents and evidence relating to the opening of an Account that the Bank may require, in form and substance satisfactory to the Bank.
- The Customer must ensure the safe and proper custody of the Debit Card. The Customer must take the maximum care to prevent the Debit Card from being lost or stolen. The Customer
undertakes not to pass possession of the Debit Card to any other person. The Customer must promptly notify the Bank and the relevant authorities in case a Debit Card is lost or stolen.
Unless and until the Bank has received that notification, the Customer shall be responsible for any transaction which has been processed on the Debit Card.
- The Customer shall keep all Security Codes confidential and shall not disclose or make available such Security Codes to any third party. The Customer shall exercise due care to prevent any
loss, theft or wrongful use of any Security Code.
- The Customer must ensure the safe and proper custody of cheque books at all times. The Customer must promptly notify the Bank and the relevant authorities in case a cheque book or any
cheque is lost or stolen. Unless and until the Bank has received such notification, the Customer shall be responsible for any cheque drawn on the Customer’s Current Account.
- It is the Customer’s responsibility to provide the Bank at all times with an up-to-date postal address, mobile telephone number and electronic mail address and to notify the Bank of any
change of contact information previously provided to the Bank.
- FAB reserves the right, at its absolute discretion, to add / amend / delete / cancel any of the terms and conditions and will provide customer with 60 days written notice prior to making such
changes
- Consequences for failing to meet the bank’s terms and conditions at any point either before or during the customer relationship will lead to rejection of request / service or closure of
account(s) or account conversion as deemed suitable by the bank.
- These terms and conditions shall be governed by and construed in accordance with the federal laws in the United Arab Emirates, and any dispute concerning the interpretation of these terms
and conditions shall be submitted to the exclusive jurisdiction of United Arab Emirates courts.
- The detailed terms and conditions are provided in FAB’s website https://www.bankfab.com/en-ae/personal/terms-and-conditions
- The schedule of charges is provided in FAB’s website https://www.bankfab.com/-/media/fabgroup/home/personal/charges-and-fees/fees-and-charges-first-abu-dhabi-bank.pdf?view=1