A business card is a card used by corporate companies to manage their financial transactions.
So how are these cards issued to corporate companies?
A business card application is made in the name of the commercial company, and a virtual primary card that is not physically printed is created in the company's name.
At the primary card application stage, the information for the supplementary card to be physically printed in the company's name (card limit, card delivery address, 3D Secure phone number, etc.) and the information of the person who will physically use the supplementary card on behalf of the company (usually the company's legal representative) is entered.
Based on the information entered, the card details are generated, the physical card is printed, and it is delivered to the customer by courier.
Can more than one supplementary card be issued to a single company?
More than one supplementary card can be issued to a single company. However, the user must be different for each card. A second card cannot be issued to the same user under one company.
How is the business card limit managed?
The limit of the business primary card and the limit of the business supplementary card are managed separately. The relationship between the primary card limit and the supplementary card limit is as follows:
- The limit assigned to the customer by the bank is assigned to the primary card.
- Each supplementary card is assigned a limit that does not exceed the primary card's limit.
- Total spending across all supplementary cards under the primary card cannot exceed the primary card's limit.
How are business card transactions statemented?
The statement is issued to the primary card. All transactions made through the supplementary cards are combined and statemented on the primary card.
How is the statement debt paid?
Business card debt is paid in a similar way to individual credit card debt. The card debt can be paid through the bank's Alternative Distribution Channels (ADC), branches, internet branch, and ATM channels.
What does the business card design look like?
The business card's design is very similar to an individual credit card's design, with one difference: the company's trade name and the full name of the person using the card are printed on the business card.
