Corporate cash passport

Corporate cash passport

A secure prepaid currency card designed for overseas travel expenses. The PIN and signature protected card can be used to withdraw local currency from over 1 million ATMs or spend funds in over 18 million retailers. This flexible product offers an alternative to corporate credit cards and simple management of per diem allowances. Through an online system, central administration can quickly load funds onto the Corporate Cash Passport for employees while abroad, transferring them back once the trip is over. Corporate Cash Passport has many great advantages, including:

Employee satisfaction

  • Increased security as staff no longer need to carry large quantities of cash or Travellers’ Cheques
  • Cardholders are supported by unrivalled Global Emergency Assistance

Convenience and control

  • Available in Euros, US Dollars or British Pounds the card can be delivered to cardholder’s home addresses
  • Additional funds can be loaded at the touch of a button while the employee is abroad
  • Remaining funds can be removed and re-loaded at a later date as required
  • Tighter control over budgets through improved Management Information
  • All employees can participate and no credit checks will be made on that individual

Cost savings

  • Reduced administration costs
  • Competitive and commission free rate on foreign currency cards
  • Cheaper ATM withdrawals than a corporate credit card

Travelex is the largest distributor of prepaid cards worldwide and offers Corporate Cash Passport in three currencies: EUR, GBP, and USD. PIN and signature protected, the Corporate Cash Passport also comes with Global Emergency Assistance to replace funds worldwide if the card is lost or stolen.
Buy from the specialists

Currently only 9% of companies organise foreign exchange for employees travelling abroad on company business. The rest miss control and efficiency benefits while risking higher exchange rates.

Travelex currently distributes over £50 million to fund business expenses to corporate customers saving them in total more than £500,000 each year in rate and efficiency benefits.

For more information on Business Travel Money, contact a member of the team today on 01276 462403 or email Corporate.travelmoney@travelex.com.

DRIVE REAL COST SAVINGS BY TAKING CONTROL OF YOUR COMPANIES’ FOREIGN CURRENCY TRANSACTIONS