PayBlue Corporate Card

The PayBlue Corporate Card can be loaded or reloaded through:

FAB Cash Deposit Machines (CDMs)
FAB iBanking
Distribution channels (available soon)
MBME Kiosks
The UAE Funds Transfer System (UAEFTS)

Highlights:

Card issuance cost: AED 30 (deducted from the first load)
Can only be used for UAQ Government transactions by corporates
Corporate cards require KYC/KYB (Know Your Customer/Know Your Business) registration, no bank account required
Five-year validity
Maximum card balance of AED 10,000,000

Loading/Reloading Fees:

FAB Cash Deposit Machines (CDMs): AED 10*
MBME Kiosks: AED 10*
Distribution channels: AED 10* (available soon)
FAB iBanking: AED 5*
FAB Branch: AED 25*
UAE Funds Transfer System (UAEFTS) : AED 5*

Cards can be purchased/applied for through:

Magnati offices
FAB Umm Al Quwain branches
FAB’s website (www.bankfab.com)
FAB iBanking (available soon)

The PayBlue Corporate Card includes the following features:

Cash withdrawal:

Cash withdrawals are not permitted for corporate cards.

Eligibility:

Available to all UAE registered companies.

Documents required for the PayBlue Corporate Card:

Completed PayBlue Corporate Card Application Form
Valid Emirates ID (front and back)
Company Trade Licence/registration document
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 statement (three months)

Prepaid card balance refunds:

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.

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
AED 10,000,000	AED 10,000,000	AED 75,000	AED 75,000	Unlimited