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Execution and servicing of corporate plastic cards




The Bank of Moscow is a full member of the Visa International and MasterCard International payment systems and of the Russian Union Card payment system.

The Bank has its own processing centre certified by the Visa International and MasterCard International payment systems and a broad network of ATMs and cash withdrawal points throughout Moscow and in the regions.

Corporate cards can be used to perform the following operations:

In Rubles:

  • receive funds in Rubles for making payments connected with economic activities, including payment of entertainment and business trip expenses, on the territory of the Russian Federation in the manner established by the Bank of Russia;
  • make payment for expenses, in Rubles, connected with economic activities, including payment of entertainment and business trips expenses;
  • perform other operations, in Rubles and on the territory of the Russian Federation, not prohibited (restricted) by the legislation of the Russian Federation, including regulatory acts of the Bank of Russia.

In foreign currency:

  • receive funds in foreign currency, outside the Russian Federation, to pay for business trip and entertainment expenses;
  • make payment for entertainment and business trips expenses in foreign currency outside the Russian Federation;
  • perform other operations in foreign currency in observance of the exchange legislation of the Russian Federation.

In addition, the Bank of Moscow offers a new service:

  • acceptance of cash in Roubles and their remittance to the client’s Ruble disbursement account¹.

This service allows the client to use its corporate card at Bank of Moscow ATMs with the cash acceptance function to deposit funds in its disbursement account, thus obviating the need for cash storage and collection.

The acceptance of funds in Rubles and their deposit in the client’s Ruble disbursement account is performed on the basis of a separate supplementary agreement.

To obtain corporate cards, the organisation should present to the Bank the requisite set of documents for opening a corporate account.

Cards are issued in the names of company employees authorised to manage the corporate account and help maintain control over expenditures from the account by means of statements.

The Bank of Moscow issues the following types of corporate card:

as well as the prestige corporate cards:

Holders of international payment system cards enjoy the following opportunities:

  • to use the cards at over 12 million Russian and international trade and service enterprises throughout the world;
  • to withdraw cash deposited on the card from 250 000 ATMs in Russia and abroad.

 

¹ Bank of Moscow ATMs with a cash acceptance function accept cash within the limits set by the Bank’s tariffs.



Attention! Any documents submitted to the Bank must be completed in Russian.
The texts of documents/forms in Russian can be found on our Russian version website.