Managing the finances of any business is an important task that requires devotion of a lot of effort and time. Thanks to iCard for Business, managing company funds will no longer be a difficult process.
iCard for Business is the best finance solution for all types of businesses. Whether it’s a sole trader, a small business or a large company, the account in iCard for Business will help with making easy money transfers, paying salaries and downloading reports and statements in real time.
When a company or a freelancer register in iCard for Business, a free business account will be opened. In addition to the initial account, they can have additional accounts with IBAN in more than 10 currencies. All employees of this company can have their personal accounts in the iCard digital wallet, without fees for the opening of the accounts or monthly service, as well as free debit cards and other preferential terms. Finances can be easily tracked and managed, thanks to the access to the web and mobile banking provided by iCard for Business.
What are the other advantages of iCard for Business?
- Innovative system for mass payments;
- Online identification and presentation of company documents in real time;
- Delegated user rights management with authorisation of transactions;
- Low fees for international money transfers;
- Up to €100,000 monthly turnover;
- References for easy accounting;
- Highest level of security;
- Real-time notifications for each transaction.
The advantages of iCard for Business are designed to make it as easy as possible for owners of small and large companies. The business account is also the best solution for all freelancers and sole traders who prefer to manage their business finances by themselves. What type of work activity is iCard for Business suitable for? Here are examples of business activities in different areas which need iCard for Business to easily manage their corporate finances.
1. Retail trade and shops
iCard for Business is what every small local store owner and large chain store owner needs. The business solution can track all revenue and expenses in real time and send money free of charge to subcontractors and partners who also have a business account in iCard. The shop can be a grocery store, clothing and accessories stores, shop for children’s goods, speciality stores and much more.
2. Restaurants and food companies
Restaurants, catering companies, small cafes and large hotels also need an easy solution to manage their finances. With iCard for Business, every business has the right to open accounts in more than 10 different currencies. Through them, the owner can easily receive and send money to other business and personal accounts around the world for a minimal fixed fee. In this way, each restaurant can be supplied with affordable products of the highest quality.
3. Transportation and logistics
iCard for Business’s innovative payroll system is a great convenience for owners of transport companies or those involved in product delivery. With it, all employees of the company will receive their salaries easily and free for the employer, regardless of where in the world they are and in what currency is their personal account. Each of them will have a free account in iCard digital wallet, where they will receive funds from their employer, but will be able to take advantage of all the benefits of the digital wallet and for personal purposes.
Businesses operating in the fields of entertainment, arts and tourism can also benefit from the convenience of being an iCard for Business customer. With the payroll programme, the employer can delegate exceptional rights to third parties – for example to an accountant, assistant etc. If necessary, the person may also perform financial transactions on behalf of the company. Another advantage for the companies is the high monthly turnover – up to €100,000.
5. Administrative, professional and information services
Companies that deal with administrative, accounting and information services can also take advantage of the amenities that iCard for Business offers. In minutes, each of them can dispose of the salaries of employees and subcontractors. The programme reduces the chance of making mistakes because all transfers are made automatically.
6. Real estate
Real estate companies can easily make money transfers to partners and clients. If both sides have a business account in iCard, all money transfers between them will be instant and free of charge. In case the partners or clients do not have an open account in iCard for Business, business owners can take advantage of SEPA, SWIFT and BISERA transfers with a minimum fixed fee. Another advantage of the business account is that no fees are charged for international incoming transfers.
Construction companies are an example of another business activity for which iCard for Business can be useful. Every employer has the right to issue additional cards to the company’s business account. This feature can be useful for construction company owners to make payments to subcontractors, suppliers, or other partners. In this way, purchases can be secured as different parts of the budget can be entrusted to different people in the company. The employer can monitor and if needed – freeze additional business cards at any time.
8. Insurance services
All clients who use iCard for Business have access to the financial information of their business – through the mobile app or the web platform. All accounts can be monitored at any time of the day, transactions can be approved or rejected, statements can be tracked and reports can be retrieved. This is a service that can be useful to employers in all fields. Examples of such companies are companies that offer insurance services.
Enjoy all the benefits of iCard for Business. Registering and opening a business account takes minutes and saves time and effort – no need to visit a bank. Everything happens through phone or computer. All iCard business accounts are without monthly fees and allow corporate finance management entirely through the mobile app or web banking.