A Guide to Checking FAB Bank Balance
Digitization is the second nature of technological advancement, and it is reflected in the financial modernization of a nation. UAE, being one of the fastest developing countries around the world, has seen many large-scale economic diversifications in the last few decades. Primary among them is the birth of the First Abu Dhabi Bank (FAB).
In 2017, the National Bank of Abu Dhabi (NBAD) and the First Gulf Bank (FGB) merged to form the FAB to become the largest bank in the nation. Today, with over three million customers across five continents, it is commanding an enormous financial influence in the global economy.
So, for all the FAB account holders, being aware of how to check your bank balance is essential to make daily transactions smooth and safe in the fast-paced digitized world of today. Whether it is online or offline, this guide is going to keep you informed and updated about how to have better access to your bank balance’s status at a moment’s notice.
How to Check FAB Balance Offline?
To check out your FAB bank balance offline, you need to go to your nearest ATM booth and insert your ATM card into the machine. The kiosk screen will ask you to enter your PIN code, and once you enter that, you need to click the ‘Check Balance’ option.
Obviously, this process requires you to physically visit an ATM booth. But, if you want to check out your FAB bank balance from the comfort of your home or anywhere for that matter, then you can do so through the online method, which brings us to our next section.
But before we break down how to check FAB balance online, we need to have clarity on a major element that is necessary to help out with the process of checking our bank balance – a FAB prepaid card.
Understanding FAB Prepaid Cards
A prepaid card is different from a debit or credit card. Unlike a debit card, you don’t access funds from a bank account; and in sharp contrast to a credit card, you don’t borrow money from the bank. Instead, it allows you to access the amount that is loaded on the card, which can be reloaded anytime.
There are various types of prepaid cards issued by FAB. This includes Ratibi prepaid card that allows employees to receive their salaries on their cards without having a bank account, DWallet prepaid card that transfers a domestic worker’s salary to their DWallet, and a prepaid gift card that can be used for gifts or incentives issued to a company’s employees, among others.
There are various benefits of a FAB prepaid card, both for an employer and employee. FAB prepaid cards can be used for both virtual and physical transactions and are issued by the bank itself.
There has been a surge in the popularity of prepaid cards owing to the multitude of benefits they carry. You don’t need a bank account to get them, and you will get direct transfers to your card. You will never run the risk of overspending, and the total loaded funds are available to you for spending based on your requirements.
Both local and international options are present, and you still would be able to make purchases and withdraw money from ATMs. This means you don’t have to run around carrying large sums of cash everywhere. In addition, these cards can be reloaded anytime. These and many other reasons make them an ideal choice for workers to be used to pay salaries to their employees.
The flexibility and security that the FAB prepaid cards offer to people without having a bank account is unbelievable. Thus, it is considered to be a feasible option to have on your side.
Please note that only companies are eligible to get prepaid cards for cash and salary disbursement activities to their employees.
How to Check FAB Balance Online?
FAB has an extremely user-friendly web portal that makes checking your bank balance online a hassle-free process. All you need to do is follow through the steps mentioned below, and before you know it, you will get all the necessary information regarding your bank balance in front of you anywhere, anytime.
Checking FAB Balance Using a Web Portal
First and foremost, you need to make sure that you have a FAB prepaid card. Then, make sure you have access to a secure internet connection.
Visit the official website of FAB and go to its PPC Inquiry page. You will notice two empty boxes on the screen. In the first box, fill up the last two digits of your FAB prepaid card’s number.
Fill up the second box with the card ID number. You will find it on the left-hand side of the bottom end of your card.
Click on the ‘Go’ button to process, and within seconds, your screen will display your FAB bank balance. Furthermore, you will also be able to see the details of the past 10 transactions that took place from your account with specific information on the date and amount.
Checking FAB Balance Using a Mobile App
FAB also features a mobile app with an extremely easy interface that ensures smooth and quick checking of your bank balance. You need to download and install the app on your smartphone. If you are an Android user, visit the Google Play Store, and if you are an iOS user, visit the App Store to download and install the app.
Start with signing up in the app by completing the initial formalities. If you already have an account, sign in instead. For a new account, go through the following steps.
- Enter your debit card number or your customer ID.
- Enter the split password that is going to be sent to your mobile number or registered email ID.
- Create a unique six-digit PIN code.
Once you enter the PIN code, you will have complete access to the app and will be able to check your FAB bank balance.
You will also notice a ‘Manage Your Account’ section in your app which you can use to not only check your FAB bank balance but also take a detailed view of all your transactions. You will be able to request your IBAN (International Bank Account Number) and also send requests for checkbooks.
Besides, this is also the place from where you can download your bank statements as well as subscribe to e-statements.
You may also like to read:
How to Check NBAD Bank Balance?
How to Check Credit Scores in UAE?
Personal Loans in UAE with Salary AED 3,000
Importance of Regular Bank Balance Check
Regularly checking your bank balance may seem like a chore, but it brings with itself a bunch of benefits where you can understand your spending patterns and avoid overdrafts, among others.
Helps Cross-check Transactions
Regularly checking your balance would help ensure that you are reconciling your account, wherein you can find the transaction shown in the bank’s record matches your own record. You would be better equipped to find mistakes made by either party.
Tracks Banks Fees
Having a bank account can sometimes come with paying nominal fees to use and maintain the account. These nominal fees, if not tracked, can run up to becoming a significant amount. By regularly checking your balance, you would have clarity on how much bank fees you are paying and potentially shift to a bank where you have to pay less, thereby contributing to your financial growth.
Staying Updated with Automatic Payments
With so many subscriptions that we all are attached to these days, it can be hard to keep up with how much money you are spending on them. So, review your bank balance periodically to better manage your finance and save money on subscriptions that you may no longer need.
Having a Better Understanding of Your Spending
A key aspect of budgeting is to be better aware of your spending habits. When you are regularly checking your bank balance, you are better aware of where you are spending your most money and how you can avoid overspending and resort to smart shopping or smart investment.
Noticing Mistakes Made by Your Bank
As proficient banks these days are in performing their jobs, bank errors are still seen repeatedly. When you check your bank balance periodically, you can monitor your transactions better and notice and fix any mistakes that your bank made. This includes instances of you getting double-charged or getting billed for expenses that you didn’t make.
Tips for Account Security and Privacy
You can never be too sure of your security and privacy. Follow these tips to better secure your online financial activities.
Use Multi-Factor Authentication
Yes, we understand that multi-factor authentication can be a pain and cost you a few more seconds to log in to your account, but it is worth it. This is especially true for an account that is valuable and sensitive. Don’t just rely on username and password. Enable multi-factor authentication in as many online services as possible.
Use Unique Passwords
When we use the same types of usernames and passwords in every app, then it becomes easier for hackers to steal our information from everywhere since they can use the same combination to breach into every app. Thus, ensure you have strong, unique passwords for every online account you have.
Use Different Email IDs for Different Accounts
Using different email addresses for different accounts is recommended since it helps in keeping your online identities separate from each other in different accounts. This way, even if one of your email accounts gets hacked, you know not every app that you have used on your phone is hacked as well.
Turn Off the ‘Save Password’ Feature
Often, in order to save time, we turn on the ‘Save Password’ feature. But, by doing so, we allow the browser’s in-built password management solution to import our passwords to its storage. This means that even malicious software can do the same. So, turn off this feature as soon as possible.
Clear Cache
Your browser has so much information on you through its cache. Your web history saved searches, and cookies could reveal many personal data and information to third parties that you don’t want to reveal your information to. Make it a regular habit to clear your browser history and delete cookies.
Use Passcodes Even When They Are Optional
Since your smartphone has a plethora of personal data and information, you need to provide as much security to it as possible. Apply passcode locks in every app and strengthen it further by using biometric authentication wherever that option is available.
Conclusion
FAB, being the largest bank in the UAE, offers a wide range of financial and banking services to both individuals and governmental and non-governmental organizations. You can avail of the many benefits offered through the prepaid cards issued by them.
Besides, as we have mentioned, keep track of your bank balance on a regular basis. You can use both offline and online methods to check your balance. This would come in handy in managing your finances efficiently, and you will be better equipped to keep track of your spending habits. Furthermore, don’t forget to optimize the security of your bank accounts by maintaining the healthy and smart habits mentioned above.
FAQs
Addressing Some of the Most Common FAB Balance Check Queries
What are the different ways of checking my FAB bank balance?
If you have an account with FAB, then you can either check your balance offline or online. For offline, you need to physically visit your nearest ATM center and insert your ATM card into the machine to check the balance. To check it online, you can visit the official website or access the mobile app of the bank and follow the instructions to proceed to check your balance.
What eligibility criteria do I need to fulfill to get a FAB prepaid card?
To get a FAB prepaid card, first and foremost, you must be a resident of the UAE. A government or non-government organization is also eligible for a FAB prepaid card. However, the FAB eDirham Prepaid Card can be availed of by non-UAE residents as well.
What are the other benefits of the FAB mobile app other than checking the bank balance?
Apart from checking your bank balance, you can manage your overall account, debit, and credit cards. You will be able to track information related to your savings and loans. Besides you can also use the app to update your personal information. In addition, you will earn FAB rewards from this app which you can redeem to get exclusive shopping deals, among other rewards.
What are the different types of prepaid cards issued by FAB?
FAB issues various types of prepaid cards, including DWallet, Ratibi, payment, gift, and multi-currency prepaid cards. All of them serve different purposes and come with their own set of features and benefits.
What are the benefits of a FAB prepaid card?
A FAB prepaid card allows you to get your salary directly transferred to your card even if you don’t have a bank account with them. It helps you in avoiding situations where you are overspending, and it can be reloaded anytime. It also allows you to make both virtual and physical purchases and withdraw money from the ATM.
