For workers making up to 5,000 AED, a unique wage payment mechanism called Ratibi was developed. These workers can receive their pay straight on their Ratibi cards without requiring a bank account. It’s a quick and straightforward technique to guarantee everyone is paid on schedule.
Employers may swiftly and easily pay their staff members using Ratibi, while staff members can access their funds without the inconvenience of a typical bank account.
The Ratibi prepaid card option was established by the National Bank of Abu Dhabi (NBAD) in 2008. This salary payroll system proved helpful in business settings where owners would pay their staff suitable and predictable salaries. Before that, business owners would pay salaries old-fashioned, using checks or cash.
What Is Ratibi Card?
The advantages of the Ratibi Card should already be known to UAE residents who have opened accounts with First Abu Dhabi Bank (FAB). Let us connect you to this service if you still require it.
Many firms pay their employees’ salaries using the Ratibi card and the first Abu Dhabi bank account. This card may be used at any national ATM or online store and is only usable if your monthly salary is AED 5,000 or higher. To use this service, employees do not need a bank account.
Features Of Ratibi Card
- Safety first: Free Personal Accident Insurance is included. You are already protected in the event of unplanned incidents.
- Always accessible: Access the greatest network of ATMs and CDMs around the clock. There is no need to stress about where to receive cash or where to deposit money.
- No hidden costs: Ignore maintaining a minimum balance or covering monthly fees. The theme of this card is financial independence.
- Worldwide usability: Whether local shopping or overseas, you may use this card to purchase and get cash from various ATMs worldwide.
- No Minimum Balance: Facilitating the management of funds by workers.
- Security: Cardholders are protected against fraud and unlawful transactions by cutting-edge security measures.
- International Usage: It may be used worldwide to purchase foreign currencies and withdraw cash from ATMs.
Benefits Of Ratibi Card
A Ratibi Card can be your best option to handle your pay securely. This is why:
- Free SMS alerts: You’ll receive an SMS every time your income is credited. No need to check your account frequently.
- ATM access: This card may be used at any ATM, not only those owned by your bank. You see, there’s flexibility!
- In-store and online: This card is applicable whether you purchase online or at a mall.
- Global reach: Your Ratibi Card can be used everywhere VISA or Mastercard is accepted. You are not constrained by location.
- 24/7 customer support: Have a problem? Give a call. To assist you, customer care is accessible 24 hours a day.
- UAE WPS guidelines: The card complies with the UAE Government’s Wage Protection System (WPS) requirements.
- No more cash worries: It might be dangerous to carry cash. Imagine losing or having your hard-earned money stolen! Going cashless puts an end to that situation.
- Get paid easily: When payday arrives, your paycheck is quickly deposited. There is no need to wait for checks to clear or in line.
- Automated convenience: You do not need to do anything because everything is automated. This results in speedier transactions and fewer errors.
- Safe and secure: You may relax knowing that a reliable system secures your money.
Ratibi Card Balance Check
Customers of the FAB bank may easily check their accounts thanks to the online platform it offers. Cardholders may quickly check the Ratibi balance on the free online portal. The following easy steps are included in the process:
- Use the link to access the PPC portal for the FAB bank.
- Ensure you have the Ratibi card before going to the gateway since you must enter its final 2 digits.
- You must also enter the 13-digit number on your Ratibi card and the two final numbers. You should enter the number in the Card ID space; it is located on the lower left side of the prepaid card.
- Wait for the balance of your Ratibi account.
Ratibi Card Salary Check
Follow these steps to determine whether your pay has been credited to your Ratibi card.
- View the Ratibi Prepaid Card Balance Inquiry link on the official website.
- In the first box, enter the “last 2 digits” of your prepaid card.
- Put your “card ID number,” printed on the bottom left side of your card, in the second box.
- Select “Go” from the menu.
- The end! Your screen will display the balance on your Ratibi card.
Methods For Ratibi Salary Check
There are several quick and simple ways to check your Ratibi card funds and balance, including:
- Online Banking
- Mobile Banking
- ATM Machine
Eligibility Criteria For Ratibi Card
- Corporate bank account: First, the bank must have a business account for your employer. This is essential.
- UAE residency: Employees are required to reside in the UAE. As a result, confirm that your residence is genuine.
- KYC details: Your “Know Your Customer” (KYC) information must be kept current. This contains details such as your residence, Emirates ID, and financial history.
How To Apply For A Ratibi Card?
- Ratibi Application: Complete the Ratibi application form first. To request Ratibi cards, you must also fill out an Excel document with the information on the employees.
- iBanking Application: To manage the cards online, complete the iBanking application form. You will have simple, web-based interaction with your account as a result.
- Submission: Finally, deliver all of your completed forms to the bank location that is closest to you. Additionally, you can submit them at neighboring community banking offices.
A unique government project, the Ratibi Card program promises to revolutionize digital payments, promote financial inclusion, and deliver social welfare benefits. These cards provide several advantages to those who are eligible, providing access to necessary services and financial aid.
People may use Ratibi Cards to enhance their financial status and general quality of life by knowing its definition, purpose, features, and application procedure.
Frequently Asked Questions
What Is a Ratibi Salary Card?
A prepaid card called the Ratibi salary card is made for workers who make up to a certain amount of money. It deals with the requirement for a regular bank account by enabling companies to deposit pay into the card instantly.
Can I send money from a Ratibi Card?
You may send money to more than 200 countries with your Ratibi card. Thus saving time by standing in line at the money exchange offices.
How to activate the Fab Ratibi card online?
Cardholders must go to the FAB website and complete the activation process to activate their FAB Ratibi card.
Can I deposit cash in a Ratibi card?
No, the FAB Ratibi prepaid card is exclusively intended for salary deposits. Additional deposits are not accepted. If there have been any policy changes, you can ask the bank.
Can I put my paycheck on a prepaid card?
For example, a prepaid card like the Ratibi salary card lets you deposit your paycheck immediately. For simplicity, your company can set up direct deposit to send your paycheck into the prepaid card.