How to Add a Beneficiary in FAB Mobile?
First Abu Dhabi Bank (FAB) provides a convenient way to manage your finances through its mobile app. One of the app’s essential features is the ability to add beneficiaries, enabling hassle-free fund transfers and payments. Whether you’re sending money to family, paying bills, or managing your accounts, setting up a beneficiary makes the process quick and easy.
To get started, simply log in to your FAB Mobile app and follow the steps below to add a beneficiary!
What is a Beneficiary in FAB Mobile App?
A beneficiary is the person or receiver to which you want to transfer money. Once you add a beneficiary in your FAB Mobile app, transferring funds becomes faster and more convenient. Beneficiaries can include local bank accounts, international accounts, or even accounts within FAB itself.
Requirements for Adding a Beneficiary
Before you begin, ensure you have the following:
Steps to Add a Beneficiary in FAB Mobile App
To add beneficiary in a FAB, follow these steps:
- Open the FAB Mobile app on your smartphone. If you haven’t downloaded it yet, visit the Google Play Store or App Store to install it.
- Log in using your credentials, such as your username and password.
- Go to the main menu and click on “Transfers”.
- Click on the “Add a Beneficiary” button, available at the top of the screen.
- On the screen, You will see four options for beneficiary types:
6. Choose how you want to send money:
7. If you want to send money within the UAE, select the “Within the UAE” option.
8. If you want to send money to any other country, select an international transfer as your beneficiary type. Select the city, bank name, or swift code of the beneficiary bank.
9. After it, select the bank and enter the beneficiary bank details: IBAN or account number, currency, or bank address, etc.
9. After it, select the bank and enter the beneficiary bank details: IBAN or account number, currency, or bank address, etc.
For a visual guide on how to add a beneficiary in FAB, watch this video tutorial:
Reasons to Add a Beneficiary in FAB
We add beneficiaries in our FAB Mobile App to make our funds transfer more easy and secure. Adding beneficiaries in your App allows you to transfer your funds directly to frequently used accounts. You do not need to add account number and other details of the receiver, every time when you transfer funds to them. Few reasons of adding beneficiaries are explained below:
Convenience
Adding beneficiaries helps users simplify payment and transfer procedures, making the process fast and more convenient. This setup reduces the number of steps needed for transactions.
Security
To maintain user trust, the FAB Mobile app likely uses advanced security protocols to protect beneficiary information. This helps make sure that every payment and transfer is processed safely and securely.
Access to Various Beneficiary Types
Users of the FAB Mobile app can add multiple types of beneficiaries, such as FAB account holders, domestic recipients, international payees, and eDirham users. This wide range of options allows it to manage local and global transfer needs.
Fund Transfer Operations
After adding beneficiaries, users can easily start different fund transfers directly from their mobile devices. These include transfers to their personal accounts, other FAB accounts, domestic accounts, international accounts, and eDirham top-ups.
Conclusion
Adding a beneficiary in FAB Mobile is a simple and secure process that allows you to transfer funds easily, both internationally and domestically. By following the steps outlined in this guide, you’ll be able to manage your beneficiaries and transactions with ease. If you encounter any issues, FAB’s customer service team is available to assist you.
One Comment