Corporate Dollar Cards

The GTBank Corporate Dollar Card is designed to conveniently satisfy the needs of your corporate expenses on International ATM, POS or online only.

It can be issued in the company’s personnel name or the company’s department name and is simply funded by an online transfer to your card account

The Corporate cards can be used in your organization for the following:

Business Travels: Travel allowance in Dollars allocated to staff or hotel bookings and airline ticket purchase.

Staff Allowances: Periodic allowances due to staff e.g. quarterly payments, bonuses, profit-share etc.

Training and conferences: Expenses incurred while attending international events.

Offshore and other payments: Including recurring subscriptions, fuel purchase etc.

Features

Security – Use of Chip and PIN technology to guide against unauthorized transactions
Personalization – Dollar Corporate cards can be personalized with a unique identifier to align with the organization’s needs
Validity Period is for 3years
Accessibility – Provides 24 hours’ access to funds via all international channels (ATM, POS & WEB)
Safety – Eliminates the risk and inconvenience of cash handling
Reloadable – Dollar Corporate cards are reloadable in line with the applicable limits as determined by the organization when funds previously loaded are exhausted

Benefits

Monitor card transactions, make payments and transfer funds online 24/7 via GTBank Automated Payment System (GAPs)
Expense Control Tool: The Dollar Corporate Card serves as an effective administrative expenditure control product relating to the organizations’ daily operating expenses
Account Reconciliation: Access to online and email statements in varying formats.
Fraud Detecting Tool: An advanced technology application that monitors all the organization’s card transactions based on rules implemented to flag suspicious or fraudulent card transactions resulting from card loss, theft or card compromise. It allows a card block / restriction once a suspicious card transaction is flagged by the application

Requirements

Request Letter signed by 2 Directors or authorized signatories (stating card name (max 21 characters) and card pick-up branch)
Completed Dollar Corporate Card form
Copy of form CAC2 (for sole proprietorships) or form CAC7 (for limited liability companies)

Transaction Limit

ATM Withdrawals: $1000 (or equivalent in the local currency of any transaction)
POS: No Limit
Web (Online): No Limit
Annual Maintenance fee of $10 (or it's equivalent in dollars).

Funding your Dollar Credit Card Account

1. How do I fund my Corporate Dollar card?

Kindly fund your Corporate Dollar card via the own account transfer option GAPs/Internet Banking.

GAPs/Internet Banking:

Steps for Funds Transfer on GAPs

Go to www.gtbank.com
Click on Online Banking and select Business (GAPS)
Kindly login and click on Single Transactions.
Select the own accounts transfer.
Complete transaction

In-branch transfer:

Request for own account transfer in branch.

Funds Availability

Credit cards:

Funds transferred before 12 noon will be available for use by 7pm the same day. i.e:

Before 12noon (Mon-Fri) - 7:00pm same day
After 12noon (Mon-Fri) - 7:00pm next day
After 12noon (Fri) - 7:00pm next working day
Weekends - 7:00pm next working day

2. How do I add a Corporate card account on GAPs?

To add a Corporate card account on GAPs,

Go to www.gtbank.com
Click on Online Banking and select Business (GAPS)
Kindly login and click on Admin and then click on Add Sub Account

To approve:

Click on Approvals
Click on Approve Sub Account