Government Silver Corporate Card
Please visit Magnati website https://www.magnati.com to apply for a Card.
The Government Silver Corporate Card can be loaded or reloaded through:
FAB Cash Deposit Machines (CDMs)- FAB iBanking for corporate
- Distribution channels and MBME Kiosks
- The UAE Funds Transfer System (UAEFTS)
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Highlights:
Loading/Reloading Fees:
- FAB Cash Deposit Machines (CDMs):
5*
- MBME Kiosks:
5*
- Distribution channels and iBanking:
5*
- The UAE Funds Transfer System (UAEFTS):
5*
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Cards can be purchased/applied for through:
- Magnati offices
- FAB’s website (www.bankfab.com)
- FAB iBanking (available soon)
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The Government Silver Corporate Card includes the following features:
| Maximum card balance | Maximum load amount | Maximum reload amount per transaction at FAB CDMs | Maximum reload amount per day at FAB CDMs | Maximum reload amount per month at FAB CDMs |
|---|---|---|---|---|
| 2,500,000 | 2,500,000 | 75,000 | 75,000 | Unlimited |
Cash withdrawal amounts:
Cash withdrawals are not permitted for corporate cards.
Eligibility
Available to all UAE-registered companies.
- Completed Government Silver Corporate Card Application Form
- Valid Emirates ID (front and back)
- Company Trade Licence/Registration
- Certificate of Incumbency (if applicable)
- Proof of address
- Official company letter
- Power of Attorney (POA)/Board Resolution
- Memorandum/Articles of Association (if applicable)
- Completed FATCA Entities Form
- Company bank statements (for three months)
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Already started an application?
If you have applied to any of our Government Prepaid Card in the last 30 days, your application would still be saved within our systems. Kindly check your registered email and proceed to complete the application onboarding journey.
*All above charges are exclusive of 5% VAT