Are you looking to open a corporate card to facilitate payment and expense management for your company? Today's article by [website name] will provide you with the most up to date information on conditions for opening a corporate card 2025, make sure you are aware of all the necessary regulations and procedures.

Latest conditions for opening a business card in 2025

The conditions for opening a corporate card below are for reference only. To know more specifically about the conditions for opening a corporate card, you should contact the bank directly for the most accurate advice on the conditions for opening a corporate card at the present time.

General conditions for opening a corporate card you need to know

To open a corporate card, a business organization must meet some basic requirements as follows:

An enterprise must be a legal business entity, have full civil capacity, and comply with current legal regulations.
Businesses must have a valid business license issued by a competent authority.
Businesses need to have a payment account at the bank where they want to open a corporate card.

A business must be a legal business entity to open a corporate card.

Conditions for opening a corporate credit card

Depending on each bank, the conditions for opening a corporate credit card will be different, however, in general, there will be basic conditions in addition to the general conditions above as follows:

The business must have a minimum turnover: The minimum turnover of the business in a certain period of time (usually 6 months or 1 year) must be achieved according to the bank's regulations.
The business must have a good credit history: The business has no bad debts at credit institutions.
Businesses must meet other conditions regarding assets and guarantees (if any): Some banks may require businesses to provide collateral or have a reputable guarantor when opening a corporate credit card.

Conditions for opening a corporate debit card

Conditions for opening a corporate debit card include the following basic conditions:

Corporate customers with a payment account opened at the bank want to apply for a corporate credit card.
Customer is an organization operating in accordance with the law.

Businesses need to have a payment account at the bank to open a debit card.

What are the documents and procedures for opening a business card?

Depending on the issuing unit, the documents, procedures and conditions for opening a corporate card will be different. However, you can also refer to the general conditions for documents and procedures for opening a corporate card as follows:

Types of documents required

In addition, you should also note that, depending on the type of business, the conditions for opening a business card will also be different. The card opening unit will require the types of documents and papers required for each type of business. For example:

Individual business: Provide ID card/CCCD of business owner.
Private enterprise: Provide business registration certificate, tax registration certificate, ID card/CCCD of business owner and capital contributors.
Joint stock company: Provide certificate of company establishment, business registration certificate, tax registration certificate, company charter, list of founding shareholders, ID card/CCCD of members of the board of directors and Board of Directors.
Limited liability company: Provide company establishment certificate, business registration certificate, tax registration certificate, company charter, list of capital contributors, ID card/CCCD of Board of Directors members.

Business card registration process

The process of applying for a corporate card may vary from bank to bank, but will generally include the following steps:

Step 1: The business prepares documents according to the requirements of the bank where the business card is opened.
Step 2: Businesses can submit their application directly at a bank branch/transaction office or submit their application online via the bank's website or application.
Step 3: Bank staff will receive the application and conduct an assessment. The application assessment process may take from 1 to 3 working days.
Step 4: If the application is valid, the bank will issue a corporate card to the business. The business can activate the card by using e-banking services or going to the bank's branch/transaction office.

The process of applying for a corporate card will vary depending on the bank providing it.

Which reputable bank should I open a corporate card at?

Currently, there are many commercial banks providing corporate card opening services on the market. Therefore, businesses need to consider the bank's reputation, product diversity, competitive fees and interest rates, service quality, etc. when choosing a unit to open a corporate card.

Standing out among the current corporate card providers, SeABank cannot be ignored. SeABank is a joint stock commercial bank established in year1994, however, has quickly affirmed its position on the map of the Vietnamese financial market with many innovative and modern products and services, including corporate card services. Some outstanding advantages when opening a corporate card at SeABank can be for example:

Diverse corporate card products, meeting all business needs.
The card's fees and interest rates have many incentives, creating a competitive advantage for businesses.
SeABank applies a modern, safe and convenient payment system, helping businesses carry out transactions quickly and effectively.
Businesses can pay directly at stores, withdraw cash at ATMs, transfer money, pay bills through SeABank's online payment channels such as: website, mobile application, internet banking,...
SeABank regularly launches attractive incentive programs for customers opening corporate cards such as: giving gifts, refunds, accumulating points to redeem gifts,... helping businesses save costs and increase profits more sustainably.

SeABank currently offers many different types of corporate cards.

The conditions for opening a corporate card may change from year to year and depend on the bank's regulations. Hopefully, with the article "Conditions for opening a business card 2025: Latest update", you have an overview of the current requirements. In addition, if you are considering opening a corporate card, SeABank is the ideal choice. At SeABank, you will receive support from a team of experienced experts, helping you quickly complete the card opening procedure and answer any related questions. To learn more about SeABank's corporate card opening conditions, please visit the website or contact Hotline 1900.599.952 or go to the nearest SeABank branch for support.