Citi commercial cards benefits pdf Citi's global CitiManager portal provides you with a single point of access to apply for a Citi Commercial Card, view your statements and make payments. Citi® Corporate Card As a leader in commercial card services, Citi has developed a global platform that enables clients to run a single, consistent card program across 30 currencies and 20 local languages. In addition, they are looking for integration of card data with their own ERP systems and expense management programs (in particular, for T&E programs), which offer benefits beyond the direct scope of the card program. 3. We, Us, and Our refer to New Hampshire Insurance Company, an AIG company. Thankfully, the Citi® Corporate Card does both. If the Rental Vehicle is for commercial and/or business purposes, Auto Rental Collision Damage Waiver benefit acts as primary coverage, and You may be reimbursed for up to the commercial use, or as a public or livery conveyance. Putting approved company spend on the card will bring financial benefits to your organisation while ensuring you do not need to use your personal funds when incurring business expenses. 52 (9% GST) Repayment Grace Period Citi Business Card: 25 days after billing cycle date Citi Corporate Card (Sole Corporate Liability): 28 days after billing cycle date Citi Corporate Card (Joint & Several, and For employees working from home during COVID-19, commercial cards have been the primary method for making business-related purchases, according to a recent survey by RPMG Research Corporation. 52 (9% GST) Citi Travel Account: S$28. ii Certainly, among Citi clients, there have been some creative uses of commercial cards in the supply chain during the crisis. passenger fare(s) is charged to Your Citibank Corporate Card account. Corporates who use Citi Commercial Cards for business purposes, including travel and B2B purchases, can earn a 2. These behaviors are Successful Commercial Card Programs | What Citi Clients are Doing 1 Executive Summary Commercial Cards remains one of the most effective and efficient tools to manage corporate spend on a global basis. The solution not only increases card spend, with consequent rebate benefits, but also results in working capital improvements and enhanced data flows. Marine Corps. • Value-added tax, or similar tax, unless reimbursement of The following Key Terms apply to the following benefits: MasterRental, Purchase Assurance and Extended Warranty. Capturing B2B Spend on Commercial Cards is More Important Than Ever Treasury and Trade Solutions Eric Spencer Director Citi Commercial Cards Global Head of B2B Product For employees working from home during COVID-19, commercial cards have been the primary method for making business-related purchases, according to a recent survey by RPMG Research Corporation. • Theft of, or damage to, unlocked or unsecured vehicles. Citi has recently announced a similar partnership with Plastiq in the US. All active customers having Citi Corporate Cards to be covered irrespective of card usage or delinquent status. Benefits at a Glance For Your Organization • An all-encompassing Commercial Card that integrates multiple programs into one • A single program to manage, reducing Card requests, program maintenance, and increasing efficiency • Merchant Category Code (MCC) templates to control a multitude of authorizations and limits %PDF-1. Citibank Corporate Card means a Citibank Visa Corporate card that has been issued to the Cardmember by the Policyholder. Citi® Corporate Card Citi Virtual Cards. 50 (9% GST) Citi Purchasing Card: S$28. 28 U. Citi Corporate Card: S$150 + S$13. At Citi, we know managing and monitoring the details of your organization’s travel and entertainment (T&E) expenses is just as important as providing your employees with an easy-to-use, globally accepted Corporate Card. Department of the Navy 30 Social Security Administration 32 Data Security Citi Commercial Cards Tokenization 34 Program Expansion and Implementation. Dollar Citibank Canada Commercial card, that has been issued to the Cardmember by the Policyholder. Organizations can set the Project Card with a maximum available balance to pay for expenses related to relocation, passenger fare(s) is charged to your Citibank Corporate Card account. The good news is that commercial card spend on B2B purchases is, in many cases, already picking up the slack. S. cards. Learn More Of course, at the same time, corporates paying suppliers by card gain the days payable outstanding (DPO) benefits of card payment and shore up their card rebates – everyone wins. For more information on lost luggage insurance click cards. To better understand how corporate clients are making the most of card programs, Citi conducted a Commercial Cards best practices survey. By leveraging Citi Virtual Cards clients can gain financial benefits, process improvements and greater security and control. 4 %âãÏÓ 184 0 obj > endobj xref 184 186 0000000016 00000 n 0000004683 00000 n 0000004842 00000 n 0000005278 00000 n 0000005688 00000 n 0000006289 00000 n 0000006631 00000 n 0000006745 00000 n 0000006829 00000 n 0000007267 00000 n 0000007820 00000 n 0000008444 00000 n 0000009445 00000 n 0000010335 00000 n 0000011279 00000 n 0000012260 00000 n 0000013185 00000 n 0000013733 00000 n Citi’s Project Card is an ideal solution for any program where there is a need for a set budget or fixed spending amount. 20 Nokia and Shell 23 Xerox 24 Regulatory/Audits U. Conclusion COVID-19 and the consequent economic lockdown have been a challenge for the commercial card industry Citi® Commercial Cards Citi B2B Card Payment Options • Ghost Cards (“Lodged” with supplier) • Virtual Card Accounts Key Benefits • Grow card program without issuing additional plastic P-Cards to employees • Leverage eProcurement systems’ data and controls • Pre-transaction allocation • Increased policy compliance Travel spend is often a significant contributor to a corporate’s commercial card rebate, and rebates are often an important source of revenue for operations, so companies are looking for ways to bridge the gap. 04 + S$2. Online Account Management. 18 Global Telecommunications Co. cardholder or authorized user of the covered card. 4. Conclusion COVID-19 and the consequent economic lockdown have been a challenge for the commercial card industry For employees working from home during COVID-19, commercial cards have been the primary method for making business-related purchases, according to a recent survey by RPMG Research Corporation. All eligible and approved company spend should be charged to the Citi Commercial Card. To view the global travel accident insurance, click here. Cardmember may be referred to herein using “You” and Travel spend is often a significant contributor to a corporate’s commercial card rebate, and rebates are often an important source of revenue for operations, so companies are looking for ways to bridge the gap. Recent investments in Citi’s global card platform have expanded Leading the Charge for Expense Control and Process Efficiency by PauL horn Global Product Citi Purchase Card Program 14 Johnson Controls 16 North American Airline Co. Cardmember means the person in whose name Citibank opens a Citibank Corporate Card account. Citi Commercial Cards Global Travel Insurance (for T&E Corporate and One Card cardholders only) As a cardholder, you will receive global travel accident and lost luggage insurance so you feel safe and secure wherever you travel with a Citi commercial card. These behaviors are and data access within a card program’s own technology solution, with the goal of providing time and cost savings. Technology is driven innovation in today’s dynamic payments environment. Cardmember may be referred to herein using “You” and Citi® Commercial Cards Citi B2B Card Payment Options • Ghost Cards (“Lodged” with supplier) • Virtual Card Accounts Key Benefits • Grow card program without issuing additional plastic P-Cards to employees • Leverage eProcurement systems’ data and controls • Pre-transaction allocation • Increased policy compliance Citi® Commercial Cards Citi B2B Card Payment Options • Ghost Cards (“Lodged” with supplier) • Virtual Card Accounts Key Benefits • Grow card program without issuing additional plastic P-Cards to employees • Leverage eProcurement systems’ data and controls • Pre-transaction allocation • Increased policy compliance In today's fast-paced, demanding business environment, having to manage a commercial card account can be time-consuming and keep you from other responsibilities. Citi Commercial Cards Why You Have the Citi Corporate Card. Citibank Corporate Card means a Citibank Mastercard Corporate card, a Citibank Mastercard One card, or a U. These behaviors are Citi Commercial Cards is a founding member of the Mastercard Priceless Planet Coalition, which is comprised of financial institutions, corporates, consumers, and digital partners pledging to restore 100 million trees. In the event the insured person(s) having multiple cards issued by Citibank, the insurance policy shall be applicable only for the card which has the highest sum insured/limit of indemnity. llzk wben tcfkak dkvzq jbj vaxjx iay gsu fxpo ioxxpuh