Please visit Magnati website https://www.magnati.com to apply for a Card.
The PayRow 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)
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Highlights:
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: 25*
- The payit mobile app: 5* (available soon)
- The UAE Funds Transfer System (UAEFTS) : 5*
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The redemption fee is 25*.
The PayRow 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 |
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75,000 | 75,000 | 75,000 | 75,000 | Unlimited |
Cash withdrawal amounts:
Cash withdrawals are available at any FAB or non-FAB ATM.
Withdrawal allowance per transaction | Withdrawal allowance per day | Withdrawal allowance per month |
---|---|---|
10,000 | 75,000 | Unlimited |
Eligibility
Available to all UAE Nationals and residents
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.
*All the above charges are exclusive of 5% VAT.