Prominvestbank offers corporate customers corporate payment cards, enabling their holders to make cashless payments for goods and services and withdraw cash in accordance with Ukrainian law currently in force in the following cases:
- cash withdrawals in hryvnias for payments necessitated by business requirements, in particular, to pay business trip expenses within Ukraine considering the limitations set by normative regulatory acts of the National Bank of Ukraine regulating cash circulation, and net income of sole proprietors;
- cashless payments in hryvnias associated with statutory and business activities, representative expenses, and business trip expenses within Ukraine;
- cash withdrawals in foreign currency outside Ukraine to pay business trip expenses;
- cashless payments in foreign currency outside Ukraine associated with business trip expenses and representative expenses, and payments of operating expenses associated with maintenance and stay of aircraft, motor ships, and motor vehicles outside Ukraine (in accordance with the Code of Commercial Seamanship of Ukraine, the Air Code of Ukraine, the Convention on International Civil Aviation, and the Convention on International Road Traffic) in the amounts applicable to movement of foreign currency in cash outside Ukraine per normative regulatory acts of the National Bank of Ukraine regulating movement of Ukrainian currency, foreign currency, bank metals, payment documents, and payment cards across the customs border of Ukraine.
Corporate payment cards cannot be used for payroll payments or payments of social benefits, or for debt settlement transactions under foreign trade agreements (contracts).
In addition to standard advantages offered by payment cards, use of Prominvestbank corporate cards provides additional advantages, in particular:
- card account is maintained in hryvnias (card accounts may also be opened in foreign currency), but cash may be withdrawn in local currency, thus eliminating the need to buy foreign currency for foreign business trips;
- company’s accounting system is made simpler: every card transaction is confirmed by receipt, which helps report the spending of funds by checking transaction receipts against Prominvestbank’s statements of account activity.
To open a corporate payment card, you should:
Visit any Prominvestbank branch, read the corporate card use terms and conditions, and select the most attractive card product the wide range of products offered by Prominvestbank.
If you agree with the corporate card use terms and conditions, please complete, sign, and affix stamp to:
- two copies of the corporate card account application;
- two copies of the corporate card application for each cardholder designated by corporate customer at own discretion;
- two copies of the Rules of Using Corporate Card;
- two copies of the Fee Schedule for business entities domiciled in Ukraine.
Corporate card holders are required to sign two copies of the corporate card application.
Corporate customers shall enclose the following with the application for the first corporate card:
- for Prominvestbank customers: photocopy of the current account application;
- for customers of other banks: original of the current account application and other documents required by Ukrainian law currently in force.
Pay corporate card maintenance fee according to the Fee Schedule and deposit the initial amount to your card account.
Deposit the required minimum amount to your card account.
Receive your corporate payment card after completing all required paperwork and depositing the required amount.
