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Home / Products and Services / Corporate Banking / Cash and Settlement / Corporate cards

 

Corporate cards

If your business involves frequent business trips, frequent presentations and out-of-office meetings which require expenses, then Absolut Bank VISA corporate card is your choice.


Standard Terms:

  • Corporate cards are issued to Russian resident and non-resident companies having a settlement account opened with the Bank under the Corporate Card Tariffs
  • Absolut Bank VISA corporate cards are issued to authorized officers of the company upon its written application and are linked to a single corporate account. The number of cards linked to one account is limited (max. 10). Along with the authorized officer's name, the card will bear the company's name.
  • The corporate account can be either euro, US dollar or ruble account.
  • Funds can be deposited on the corporate account by bank transfer in the account currency only.

The corporate cards may be used in accordance with the Corporate Card Transaction List:

Permitted corporate card transactions include:

a) ruble transactions:

  • cash withdrawal for business settlements in Russia, including travel and entertainment expenses, as set forth in the respective regulations of the Bank of Russia;
  • business payments in Russia, including travel and entertainment expenses;

b) foreign currency transactions:

  • cash withdrawal outside of Russia to pay for travel and entertainment expenses;
  • travel and entertainment payments outside of Russia.

The above transactions can be made both on the ruble and foreign currency corporate accounts. Funds can be deposited on the account in the account currency only.

Prohibited corporate card transactions include:

a) any salary and social security payments;

b) foreign currency withdrawal in Russia by Russian residents.


Please do not hesitate to contact Corporate Banking International Division of Absolut Bank should you have any questions:

Tel. +7 (495) 228 69 66
Fax + 7 (495) 777 71 60

 

 
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Spotlights

19th among Russia’s biggest brokers in 2008 (RBC, February 2009)
Absolut Bank ranked 8th among banks in profit. According to the research “Top 500 profitable banks in Q1 2011” by the RBC Rating news agency, as of 1 April 2011 the Bank’s profit amounted to RUB 2.59 bn.
In VI Competition “The best service quality 2010” Absolut Bank took the 5th place among the best customer service providers.
 

Our contacts:   

 

   Call center +7 495 777-71-71; E-mail address info@absolutbank.ru

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