The cards allow for use of corporate funds by authorised company employees; the quantity of issued cards is determined by the company.
The bank offers corporate cardholders My Transactions services for continuous expense monitoring over a mobile telephone.
Terms and conditions for the issuance and servicing of Nordea Bank corporate cards are determined by rates for the issuance and servicing of corporate bank cards.
In view of the increasing rate of card frauds in certain countries Nordea Bank is taking additional measures to increase transactions security abroad.
Thus, if the Bank is not notified beforehand of the planned visit to the listed countries, it may be difficult or impossible to conduct the following operations with the use of cards issued by the Bank on their territory:
When a company plans to send its employee (who is a holder of a corporate card issued by the Bank) to a high-risk fraud country it is required to inform us on such business trip in advance by submitting to the Bank an Application for release of card usage restrictions in the selected country(-es).
Restrictions are released free of charge.
Enhanced operations control in the said countries does not cover virtual cards and Internet transactions.
Example of a completed Application for release of card usage restrictions in the selected country(-es):
|Country name in Russian||Country name in English||Tick as applicable||Restriction release date||Restriction resumption date|