FAB PayBlue Corporate Card

Features

• The Card issuance cost is AED 30 which will be deducted from the first load
• The card can only be used for Government transactions by corporates
• The Corporate cards require KYC/KYB (Know Your Customer/Know Your Business) registration, no bank account required
• The validity of the card is five years from the date of issue
• The Maximum card balance of AED 10,000,000
• The PayBlue Corporate Card can be loaded or reloaded through the following channels
• FAB Cash Deposit Machines (CDMs)
• FAB iBanking
• Distribution channels (available soon)
• MBME Kiosks
• The UAE Funds Transfer System (UAEFTS)
• The card loading or reloading fees is as follows:
• FAB Cash Deposit Machines (CDMs): AED 10
• MBME Kiosks: AED 10
• Distribution channels: AED 10 (available soon)
• FAB iBanking: AED 5
• FAB Branch: AED 25
• UAE Funds Transfer System (UAEFTS) : AED 5

Main Benefits

• The Maximum card balance is AED 10,000,000
• The Maximum load amount is AED AED 10,000,000
• The Maximum reload amount per transaction at FAB CDMs is AED 75,000
• The Maximum reload amount per day at FAB CDMs is AED 75,000
• Maximum reload amount per month at FAB CDMs is Unlimited
• Cash withdrawals are not permitted for corporate cards
• All the UAE registered companies are eligible for getting this card
• The Corporate cards can be purchased or applied for through the following channels
• Magnati offices
• FAB Umm Al Quwain branches
• FAB’s website (www.bankfab.com)
• FAB iBanking (available soon)
• The balance amount may be refunded at FAB ATMs if the cash withdrawal feature is available.
• You may also request a refund at Magnati offices and remember that incomplete refund requests cannot be processed.

Frequently Asked Questions

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