• are the founder or manager of the company,
• want to save your time and money,
• prefer to manage your finances more effectively

• Enable effective management of your company's expenses both in Armenia (Visa Business and ArCa Business) and abroad (Visa Business).
• You can perform non-cash operations in order to reduce the circulation of cash funds in your company.
• It is possible to set daily and monthly limits for the use of funds.
• You can easily control expenses through the card account statement regularly provided by the Bank, perform accounting of your expenses, including representation expenses, on the basis of payment receipts, without additional paperwork and loss of time.
• Ensure the safety of your funds in case of card loss.
• Enable you to be informed immediately about the type, size and location of each transaction made with the card by activating the SMS-notification service.
• With cards, you can also make card-to-card transfers through ATMs, receive a statement of the last ten transactions made with your card, register a Virtual card on Armenian websites for card payments, utility payments and card-to-card transfers. To enable your relatives to use your card account, you can order a linked card.
• One-time password application system (3D Secure) is used for internet transactions.

Additional benefits of Visa Business card

• If necessary, activate a credit line on the card up with to 9,000,000 AMD or equivalent foreign currency (up to 18,000,000 AMD or equivalent foreign currency based on collateral) and use the Bank's financial resources on favorable terms.
• It is a convenient financial tool to cover the expenses of a business trip, to quickly top up the account of an employee on a business trip, if necessary.
• Book hotel rooms and air tickets abroad, as well as rent a car.
• Make payments in the online domain, giving you access to the entire variety of Internet offers.
• Carry out automatic conversion of funds in the foreign currency of the given country.
• Link an ArCa Business card to your Visa Business card, receiving the opportunity to make payments using credit funds only in state institutions serving ArCa cards, including RA customs offices.
  
  

Visa PayWave card advantages

• Payment with Visa payWave card is fast,
• PIN code is not entered when paying up to 10,000 AMD.
• When paying by card, there is no need to hand over the card to the servicing personnel or insert it into the terminal and sign the receipt.
  
  

Around the world, the number of trade points offering the convenience of using Visa payWave cards is increasing day by day, and today Visa payWave cards are accepted at thousands of trade and service points around the world.

Visa payWave technology enables contactless payments by simply bringing the card closer to special terminals.

All the cards of the Bank's Visa system are chipped, which makes it almost impossible to forge these cards and use them for fraudulent purposes.

Additional benefits of ArCa Business card

• Cash out your company's own funds without visiting the Bank.
• Make payments at the customs offices of Armenia, as well as at other state bodies.
• By linking the ArCa Business card to the Visa Business credit card, you receive the opportunity to pay your company's customs fees and other government payments at the expense of credit funds.
• Carry out company expenses through the ArCa Business cards provided to your employees, avoiding the problems of disbursing cash and controlling the expenses incurred.
  
  

Learn more about all the tariffs for issuing and servicing Business cards

Learn more about payment cards tariffs

• Thanks to the ACBA Online service of the bank's internal banking, the use of your Business cards will become even more efficient.
• You will be able to transfer money from your current account within a few seconds and receive it immediately through a Business card, pay off your Business card credit obligations without visiting the Bank, manage your account by viewing your Business card statement

The company opens a card account, linked to which a Visa Business or ArCa Business card is provided at the request of the head of the company in order to perform cash and non-cash operations. The Company, at its discretion, may open several card accounts and link a maximum of 3 name cards to each card account, one of which is the main card and the other two are linked. Each card, both primary and secondary, is issued in the name of an employee authorized by the company. The cardholders of the linked cards have the right to use the funds available on the main card account within the established limits.

Each card transaction is reflected on the company's card account and is accounted for on the basis of submitted receipts.

• After completing the application, it will be necessary to carry out the approval of the signature samples of the persons submitted for the operation with Visa Business and/or ArCa Business cards by the Tax Inspectorate, after which the corresponding card account will be opened in the Bank and the customer will be issued with the Visa Business and/or ArCa Business card(s).

Main conditions of issuing and servicing the card

^{* For the founders and directors of trade and service points that have a cooperation agreement with the on POS-terminals and online payment service - AMD 5,000 per year.}

^{**For founders and directors of trade and service points that have a cooperation agreement with the Bank on POS-terminals and online payment service - AMD 3,000 per year.}

^{***in case of collateral and up to AMD 9,000,000 - without collateral.}

^{****issuance of each 3rd and subsequent linked card: ArCa Business - AMD 1,000, Visa Business - AMD 3,000.}

Learn more about all tariffs of provision and service of Business cards

Former card tariffs

It shall also be noted that ACBA Bank is the only bank in Armenia that charges a commission fee of 1% when withdrawing money from ATMs of any other bank in Armenia with this card, as well as with all other cards of the Visa system, without applying a minimum commission amount. It is also necessary to note that now all cards of the Bank's Visa system are chipped, which makes it almost impossible to forge these cards and use them for fraudulent purposes.

By the way, the card, being a Visa International payment system card, is served at millions of trade and service points and ATMs in more than 200 countries of the world.

¹ Unless otherwise specified by the Bank within the salary service programs.

Learn more about the terms of the card delivery service here.

The PIN code of the card is provided by the option, chosen by the customer, when ordering the card:

• In a paper form, when the PIN code is provided in a sealed envelope;
• By SMS, when a six-digit one-time code is sent to the phone number registered in the Bank to receive the SMS message, which is used to define a new PIN via ATM.

The card reissue is performed until the 10th business day of the last month of the card validity.

The decision on card reissuance is made by the Bank based on the volume of card transactions, card service commission payments and funds available on the account, and in case of credit line cards, also the number of overdue days.

The card shall be closed within three business days upon processing of all transactions, performed with the card previously, provided that the account balance is sufficient to process the card transactions and to charge the Bank fees.

The card can be closed only after fulfilling all the monetary obligations.

In case of failure to return the card to the Bank when submitting the Card Termination Application, the Cardholder bears full financial responsibility for transactions that do not require card verification (transaction authorization) after termination of the card.

Card confiscation is performed by ATMs, if:

• after receiving cash/balance request, the customer did not withdraw his card from the ATM;
• ATM connection fails or other technical malfunction has occurred.

In case of confiscation of bank cards, in case of visiting the Bank with the identification document within 3 business days, the card is returned to the customer by the branch that confiscated the card, if the customer does not wish to receive the card from another branch.

In case of confiscation of the cards of another Armenian bank in case of visiting the Bank with the identification document within 3 business days, the card is returned to the customer. If the cardholder fails to appear, the card shall be transferred to the issuing bank in accordance with the Bank's current procedure.

In case of confiscation of the card of a foreign bank, in case of visiting the Bank with the identification document within 1 business day, the card is returned to the customer. If the cardholder fails to appear, the card shall be transferred to the issuing bank in accordance with the Bank's current procedure.

The Card may be unblocked, only if the Cardholder confirms, orally or in writing, that the transactions have been completed.

The Bank may unilaterally block the Card, in case of overdue credit card liabilities or other overdue liabilities with the Bank, up to the first business day following the day of repayment of the overdue liabilities, as well as in other cases stipulated by the Agreement or by Armenian legislation.

The Bank may block the Cardholder Card without notifying the Cardholder, if there is a risk of fraudulent transactions with the Card.

The Cardholder has the right to appeal the operation, performed with their Card, within 55 (fifty-five) calendar days after its performance.

The Bank shall provide a valid response to the Cardholder within 90 (ninety) calendar days after the date of submission of the application.

• If the transaction, appealed by the Cardholder, is a cash withdrawal transaction, it shall be subject to satisfaction by the Bank, only if the bank, servicing the ATM or the cash provision point, acknowledges the fact of non-provision of cash.
• If the transaction, appealed by the Cardholder is a payment transaction, internet payment transaction or a payment transaction with the Card data, it is subject to satisfaction by the Bank, if the Bank receives the amount of the transaction back from the bank, serving the appealed transaction amount, envisaged by the rules of the Payment System under appeal process.
• If the Bank decides not to proceed with the appeal process by the rules of the Payment System under appeal process, but the Cardholder wishes to apply to the final stage of the appeal process, to apply to the Payment System Arbitration Committee, then the commission fees to apply to the Arbitration Committee, as well as the costs of the Bank in case of the decision of the Arbitration Committee in favour of the other party, shall be reimbursed by the Cardholder.

The Bank bears no responsibility for:

a) delayed, incorrect or non-executed transactions, due to the fault of trade and service points or the Payment System or due to technical reasons that were beyond the Bank's reasonable control;

b) failure to make cash withdrawal or payment transactions with funds, not belonging to the Bank, if the Bank had no fault in the failure;

c) illegal transactions, carried out with Card or Card data, unless this is a consequence of the Bank's failure to perform its obligations under the Agreement;

d) operations through the PIN code with a microprocessor (chip) card, unless this is a consequence of the Bank's failure to perform its obligations under the Agreement;

e) online transactions, unless this is a consequence of the Bank's failure to perform its obligations under the Agreement;

f) transactions, that have been performed in breach of the security rules, set out in the Agreement.

g) disputes between cardholder and trade and service points;

h) disclosure of the account, PIN code, Card number, password and other Card information to the third parties for reasons, not related to the Bank.

Each month, the Bank informs the Cardholder about the Card transactions during the previous month, providing them with the card account statement.

In case of non-performance or improper performance of liabilities, the information on the Cardholder will be provided to the Credit Registry of the Central Bank of Armenia and ACRA Credit Bureau by the procedure, established by the RA legislation and the Bank's internal legal acts.