The bills can soon rack up with an international sales team and constant travelling overseas using company credit and debit cards, setting up and issuing pre-paid currency cards gives a company flexibility and access to excellent rates of exchange as well as no fees for using the cards overseas.
The cards can be pre-loaded before a business trip and be topped up at any time and can be used for multiple currencies. For those travelling around Europe, for example, could have Euros and any other currency that is required for that trip and if something unexpected came up and another country is added to the trip it would be simple to add another currency to the card.
These cards give more control to a company in two ways, firstly the amount available to the card holder is dictated by the company and secondly if the client already has a corporate account with the currency company then they will receive the same rate they get for their other transfers thus avoiding being charged at tourist rate via a debit or credit card.
From a security point of view because these cards are very easy to top up it is possible to keep small amounts on them and if they are stolen or cloned the damage is minimised.
We are happy to talk to you regarding the various cards available and which one suits your business needs the best.