Ammonia borane NH3BH3 is able to generate H2 by catalytic hydrolysis at ambient conditions. Such a potential has been much studied but the hydrolysis by-products, i.e. ammonium borates, have been little studied. As such we undertook a systematic work aiming at getting a sound understanding of the borates forming by hydrolysis. Contrary to what is commonly believed, NH3BH3 (10 M) in aqueous alkaline (pH = 8) solution is not completely stable. Spontaneous hydrolysis takes place, resulting in the formation of by-products and precipitation of borate crystals. This means that long-term storage of concentrated AB solution is not possible. The borate crystals were analyzed with the help of various techniques and was identified as being diammonium tetraborate dihydrate (NH4)2B4O5(OH)4⋅2H2O (263.39 g mol−1). The crystal structure was solved and found to be monoclinic with a space group P21. The borate is an analog of borax Na2B4O5(OH)4⋅8H2O. These results, among others, are reported in details hereafter and they are discussed in order to bring elements of response to the questions concerning storage of aqueous NH3BH3 and recyclability of such a borate.