For many businesses, managing cash flow through cards is an indispensable part of financial operations. So, how can you safely withdraw cash from a corporate card? Let's refer to the article below on how to safely withdraw cash from a corporate card from SeABank.
Safe ways to withdraw cash from corporate cards
Withdrawing cash from your corporate card securely is important to protect your financial information and ensure that every transaction goes smoothly. Currently, businesses can withdraw cash from their corporate cards at ATMs of their respective banks.
You can apply the method of withdrawing cash from a corporate card at an ATM.
Withdrawing cash from a corporate card at an ATM is a popular and convenient method chosen by many businesses. However, to ensure safety and efficiency, you need to follow the correct procedure and note some important points. To withdraw cash from a corporate card at an ATM, you can follow these steps:
- Step 1: Prepare a valid corporate card and card password.
- Step 2: Choose a reputable ATM of the card-issuing bank, with surveillance cameras and security.
- Step 3: Make a transaction by following these steps:
- Insert the card into the card reader as instructed.
- Select transaction language.
- Enter the correct PIN.
- Select the "Withdraw" function.
- Enter the amount to withdraw (must be within the allowed limit).
- Confirm transaction.
- Get cash, you can choose to get a withdrawal receipt if needed.
Note that when withdrawing cash from a corporate card at an ATM, you need to carefully cover your PIN when withdrawing money, and always keep the transaction receipt for comparison when necessary. In case of any problems, you need to immediately contact the card-issuing bank for support.
You need to cover your PIN carefully when withdrawing cash from your corporate card at an ATM.
Important notes when withdrawing cash from a corporate card
To ensure the safety of your business assets when making cash withdrawal transactions from your corporate card, you need to note the following important points:
Card information security:
- Keep your card number, PIN and CVV/CVC code confidential.
- Do not share your card information with anyone, including bank employees.
- Cover your PIN when entering it at an ATM or POS.
- Change card password periodically (at least every 3 months).
- Enable OTP (two-factor authentication) for card transactions.
Note when making transactions:
- Conceal your PIN when entering it at an ATM or POS.
- Observe your surroundings carefully to avoid being scammed.
- Always confirm transaction information, especially the amount, before completing.
- Keep transaction receipts for future reference when needed.
- Report any suspicious fraudulent transactions to the bank immediately.
Regularly monitor transactions:
- Use online banking to track account balances and transaction history.
- If there are any unusual transactions, you need to immediately notify the bank for timely support.
- It is recommended to use the transaction notification feature via SMS/Email to update transactions regularly.
Use corporate cards wisely:
- Use corporate cards for business purposes only.
- Avoid withdrawing too much cash, and make direct transfers whenever possible.
- Set appropriate withdrawal limits for your corporate card.
- Authorize an authorized person to use the corporate card.
Monitor your cash withdrawal transactions regularly to detect any irregularities.
Which bank should I use my corporate card from?
Choosing the right corporate card is an important decision to help optimize costs and increase the efficiency of financial management for businesses. However, with a diverse market of corporate card products from many banks, choosing a reputable unit that best meets the needs of the business becomes a big challenge.
In that diverse market, SeABank emerges as a bright choice for businesses thanks to its outstanding advantages:
- Many preferential programs such as free card issuance, free first year annual fee, free domestic and international ATM withdrawals, free transfers within the SeABank system.
- High transaction limits meet diverse payment needs of businesses.
- Provides superior features such as effective expense management with transaction grouping, automatic bill payment, employee salary payment, value-added tax (VAT) refund support,...
- A team of professional consultants, 24/7 support, ready to answer all questions and meet all business requirements.
- Fast and convenient online payment via website, SeABank Mobile Banking application, supporting a variety of reputable online payment gateways.
Easily withdraw cash anywhere from SeABank corporate card
With the above knowledge and instructions, we hope you can easily make cash withdrawal transactions from your corporate card safely and effectively. Always be careful and follow security measures to protect your business assets.
In addition, to optimize financial management for your business, you can refer to the corporate card products available at SeABank. To learn more about corporate cards at SeABank, please visit the website or contact Hotline 1900.599.952 (KHDN).
