Al Ruzmah Corporate Card
Please visit Magnati website https://www.magnati.com to apply for a Card.
The Al Ruzmah Corporate Card can be loaded or reloaded through:
FAB Cash Deposit Machines (CDMs)- FAB iBanking and Nafura (available soon)
- Distribution channels (available soon)
- MBME Kiosks
- The UAE Funds Transfer System (UAEFTS)
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Highlights:
Loading/Reloading Fees:
- FAB Cash Deposit Machines (CDMs): 10*
- MBME Kiosks: 10*
- Distribution channels: 10* (available soon)
- FAB iBanking: 5* (available soon)
- FAB Branch and Nafura (available soon): 25*
- UAE Funds Transfer System (UAEFTS) : 5*
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Cards can be purchased/applied for through:
The Al Ruzmah 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:
Cash withdrawals are not permitted for corporate cards.
Eligibility
Available to all UAE registered companies.
The balance amount may be refunded at FAB ATMs (if the cash withdrawal feature is available) or you may request a refund at Magnati offices. Please note that incomplete refund requests cannot be processed.
*All the above charges are exclusive of 5% VAT.