Payment Operations
Mastercard Business debit card
Mastercard Business debit card
About
The Mastercard Business card is a debit card issued to resident legal entities, by issuing one or more Mastercard Business cards to employees, who can use the card for various business (official) payments of the legal entity.
With Mastercard Business debit cards, employees to whom a legal entity issues a card have constant 24/7 access to the funds deposited into the designated accounts on each of the cards, wherever they are, at more than 20 million points of sale or ATMs worldwide.
Features
Payment of official (business) expenses without commission at more than 20 million points of sale worldwide
- Each legal entity may request the issuance of one or more Mastercard Business debit cards (each with a separate account), which will be used to make business (official) payments within the funds that the legal entity will transfer to each of the accounts.
- Each individual Mastercard Business debit card is linked to a separate dedicated account.
- The legal entity independently manages, i.e. determines the spending amounts (cash available) on each individual Mastercard Business card issued to the employees of the legal entity.
- Simple monitoring and management of accounts and realized spending with Mastercard Business debit cards through Stopanska Banka's e-banking service.
- Valid for 5 years, after which it is automatically renewed. The legal entity has the right to request the closure of one or more Mastercard Business debit cards at any time.
Membership fees and charges
Provisions
- Purchases in trade WITHOUT COMMISSION
- For withdrawing cash in denars from SB ATMs, a commission of 50 denars.
- For withdrawing cash in denars from ATMs of other Banks in the Republic of Macedonia, a commission of 100 MKD + 1% of the withdrawn amount.
- For withdrawing cash abroad, the commission of 1 EUR + 1.5% of the withdrawn amount.
- Daily cash withdrawal limit is 60,000 MKD (can be changed once upon request of the owner)
- For a seized card from an ATM abroad, the denar account is debited with a cost of 1,000 MKD.
Annual membership
For legal entities with an account and operations at Stopanska Banka:
- No membership fee for the first year
- 400 MKD per year for each individual Mastercard Business debit card
Usage and documents
Usage
- Maximum amount per transaction in domestic and international trade in the amount of 250,000 denars
- Cumulative amount of transactions during one month in domestic and international trade in the amount of 600,000 denars
- Daily limit for cash withdrawal from ATMs in the amount of 60,000 denars in the country and abroad
Required conditions and documents
- Account in Stopanska Banka
- Current balance no older than 6 months
- Request and authorization (on a prescribed form from the Bank) for issuing a Mastercard Business debit card for at least one person, completed by the legal representative of the business entity
