Business customers can be issued an ATM card. Cards issued to business customers are called Business Debit Cards.
In Business Debit Card applications, the person authorized to carry out legal transactions on behalf of the business must be defined as the cardholder using the card. The reason the card is given to the person authorized to carry out the company's legal transactions is that the ATM card allows transactions to be performed on the company's accounts.
What information is printed on a Business Debit Card?
The same information found on individual debit cards is printed on Business Debit Cards. While only the cardholder's name and surname appear on individual debit cards, Business Debit Cards show the Business Name along with the Cardholder's Name and Surname.
What transactions can I perform with a Business Debit Card, and what are the transaction limits?
You can perform the same transactions with a Business Debit Card that you can with an individual debit card. The transaction sets are the same as those for individual debit cards.
Banks generally manage individual and corporate customer transaction limits separately. Since corporate companies' cash flow and transaction amounts are generally higher than those of individual customers, corporate card transaction limits are somewhat higher.
Can I get more than one Business Debit Card for a single corporate company?
This varies from bank to bank, but generally more than one card can be issued to a single company. However, the maximum transaction amount that all the cards combined can process is limited to the daily transaction limit set for the customer.
What should I do if I lose my Business Debit Card?
The card must be blocked by calling the Customer Contact Center.
Can Business Debit Cards be issued to sole proprietorships or Foundations and Associations?
Yes, they can. A Business Debit Card application can be made by any customer other than an individual customer.
Can I use Business Debit Cards for online or international transactions?
Yes, you can. You just need to make sure the card's e-commerce and international transaction authorization is enabled before making the transaction.
