Visa Purchasing Card

With a Visa Purchasing Card you could reduce purchasing costs. Our studies have found that using traditional systems such as purchase orders can cost businesses between $60 and $100 per purchase.

For larger businesses with many small to medium value purchases each month, this can add up to a major overall cost.

How it works:

• Your employees use the card for essential business purchases
• Each month we send you an electronic file of all their transactions
• Cardholders access this file and add the relevant cost centre and general ledger codes
• Once they have reviewed the statement, a completed transaction file is ready for exporting directly to your accounting system.

Benefits:

• Less time wasted on form filling, authorisations and checking - gives employees, supervisors and managers more time for running the business
• Convenient for both operational and finance staff
• Reduces data entry - all transaction details are held by the Bank until the end of the month, when one debit entry settles all transactions.

For other charges see Non-Standard Fees.

Fees displayed are subject to change.

More Information

Contact your Business Banking Manager for more information, including fees, charges and terms. Or call 0800 16 88 88 and we will put you in touch with the Business Banking Manager nearest you.

Our lending criteria apply.