In this digital age, understanding the term “blocked amount” is important for you to manage your finances. If you are a customer of First Abu Dhabi Bank (FAB) then you need to understand what a blocked amount is. Moreover, it normally arises due to reasons like the rental company blocking their security deposit amount when you use an FAB credit card for a rental car. In this detailed blog, we will discuss what is the blocked amount in FAB and how to manage it.
Blocked Amount Type
Description
Typical Duration
Fees (if any)
Pending Transactions
Held for card transactions
1-7 days
None
Security Deposits
Held for rentals (car, hotel)
Until service completion
Regulatory Compliance
Held due to legal requirements
Varies
Fraud Prevention
Held to prevent unauthorized transactions
Until verification
Merchant Holds
Temporary merchant holds
1-14 days
Loan Processing Hold
Held during loan processing
Until loan approval
Overdraft Protection
Held to cover potential overdrafts
Continuous
The temporary frozen amount that is not allowed to be used is known as the blocked amount. When your fav account is blocked, you are not allowed to use any amount until the blog is lifted. Moreover, it is vital for every FAB user to understand the reason that blocks your amount.
Pending transactions are one of the common reasons which may block your amount. If you buy anything online by debit or credit card then merchants block a certain amount. Moreover, when your transaction is completed they release the hold.
It is also the main reason which resulted in blocking your amount. For example, if you rent a car from any rental company, they block their security deposit fee on your card. Furthermore, when you return your car the block is lifted and there are no extra charges for it.
Must Read: Check Your FAB Balance Online Anytime, Anywhere | Simple Steps to Follow
If there is any blocked amount in your FAB account it may create the risk of overdrawing. Moreover, it may also result in overdraft fees and other penalties.
Block amounts also affect your transactions. For example, if you have purchased something large, the blocked amount cannot allow transaction until the hold is released.
Must Read: How to Cancel Your FAB Credit Card: A Step-by-Step Guide
Method
Processing Time
Online Banking
Check through FAB's website
Immediate
Mobile Banking App
Check via FAB's mobile app
Customer Service
Inquire by phone
1-2 business days
Visit a Branch
Check in person at a FAB branch
Email Inquiry
Inquire via email
1-3 business days
ATM
Check at a FAB ATM
One of the most comfortable ways to check the blocked amount in your FAB account is online banking.
Visit FAB Online Banking: If you are willing to check the blocked amount then you have to visit the official website of FAB online banking.
Log In: After accessing the website, you have to log in by using your credentials.
Navigate to Account details: After login, you have to navigate to the “Accounts'' section. Moreover, then you have to click on “pending transactions” to check any blocked amount.
Check for pending transactions: At last, the system displays your blocked amount which you have to clear.
Must Read: How to Check Your Salary in FAB: A Step-by-Step Guide
Branch Name
Location
Opening Hours
Closing Hours
Contact Info
FAB Downtown Branch
Downtown Dubai, Sheikh Zayed Road
8:00 AM
3:00 PM
+971 4 123 4567
FAB Al Barsha Branch
Al Barsha, Dubai
+971 4 234 5678
FAB Deira Branch
Deira, Dubai
+971 4 345 6789
FAB Jumeirah Branch
Jumeirah, Dubai
+971 4 456 7890
FAB Abu Dhabi Branch
Abu Dhabi City Centre
+971 2 123 4567
FAB Al Ain Branch
Al Ain, Abu Dhabi
+971 3 234 5678
FAB Sharjah Branch
Sharjah, Al Gulaya'a
+971 6 345 6789
FAB Ras Al Khaimah Branch
Ras Al Khaimah
+971 7 456 7890
If you are looking to check any blocked amount then you can visit the FAB branch during working hours.
Locate a Branch: For checking purposes, you have to go to the nearest branch.
Speak with a Representative: Now you have to ask the representative, you want to check my blocked amount.
Provide details: The next step is to provide all the details and information that the representative wants.
Hear the amount: At last, you remember to hear any blocked amount carefully and clear it as soon as possible.
In the UAE, if you want to check your block amount without the internet then avail the option of Visiting branches and ATMs.
If you face any issue or problem while checking a block amount then contact the FAB phone number. Moreover, their phone number is available on their website.
In UAE, First Abu Dhabi Bank (FAB) users can check their block amount by using different online methods. For this purpose, you can use the FAB official online banking and mobile app.
Yes, you can easily use the block amount or funds after releasing the hold. Moreover, it is vital to clear it as soon as possible.
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