- FAB Cash Deposit Machines (CDMs)
- FAB iBanking and Nafura
- Distribution channels and government counters (available soon)
- UAE Funds Transfer System (UAEFTS)
Highlights
- No card issuance cost, loading or reloading fees
- Can be used for Abu Dhabi government transactions and other merchants by corporates
- Five-years validity
- Maximum card balance is AED 2,500,000
- Corporate cards require KYC/KYB (Know Your Customer/Know Your Business) registration, no bank account required
Loading/Reloading Fees
- FAB Cash Deposit Machines (CDMs): Free
- Distribution channels and government counters: Free (available soon)
- FAB iBanking and Nafura: Free
- UAE Funds Transfer System (UAEFTS)
Cards can be purchased/applied for through:
- Magnati offices
- FAB’s website (www.bankfab.com)
- FAB iBanking (available soon)
There are no issuance costs if the customer chooses to collect them from Magnati offices. If the customer requests delivery, there will be a charge of AED 25*.