Wafer Individual Card

The Wafer Individual Card can be loaded or reloaded through:

FAB Cash Deposit Machines (CDMs)

The FAB Mobile app and Online Banking for retail

The payit mobile app (available soon)

Distribution channels (available soon)

MBME Kiosks

The UAE Funds Transfer System (UAEFTS)

Highlights:

Card issuance cost:  30 (deducted from the first load)

Five-year validity (as per the expiry date pre-printed on the card)

Easy issue prepaid card without registration or a bank account

Initial load amount will be limited to maximum  3,500 and can be used on the RAK Pay government transactions only. Reload and cash withdrawal capabilities will be enabled once the full KYC (Know Your Customer) is completed, with a maximum limit of  10,000

This card offers easy loading and reloading of funds to help you keep track of your spending. It is valid for five years
(the expiry date is printed on the card).

Loading/Reloading Fees:

FAB Cash Deposit Machines (CDMs):  10*

MBME Kiosks:  10*

Distribution channels:  10* (available soon)

The FAB Mobile app, Online Banking and iBanking:  5*

FAB Branch and Nafura:  25*

The payit mobile app:  5* (available soon)

The UAE Funds Transfer System (UAEFTS) :  5*

The Wafer Individual Card is available at Magnati offices, FAB RAK branches and distribution channels.

The Wafer Individual 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
Not registered	 3,500	 3,500 (one time only)	Not allowed	Not allowed	Not allowed
Full registration (full KYC)	 10,000	 10,000	 10,000	 10,000	Unlimited

Prepaid card balance refunds:

The balance amount can 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.