HSBC Bank Armenia introduces Corporate ATM Cards

PanARMENIAN.Net - HSBC Bank Armenia has launched a new product for corporate customers: Corporate ATM Cards (http://www.hsbc.am/1/2/en/business/general-banking-services/corporate-atm-cards).

Now corporate clients can have 24/7, easy and quick access to their corporate funds. The ATM card allows company directors and authorized individuals to obtain daily cash up to AMD 3 million through HSBC’s ATM network, which is the largest in Yerevan, the bank said in a press release.

Cash withdrawals through ATMs are exempt from any encashment fee both for local and foreign currency accounts. The corporate ATM cards offer a number of other benefits, such as transferring funds between company accounts and to other accounts within the Bank, checking company account balances and printing mini statements.

“This is another step towards our vision and goal of being the Best Bank for Business in Armenia. Our aim is to ensure that every interaction with HSBC is as efficient, convenient and secure for our customers as possible. Results from the first few weeks are very promising: over 300 corporate ATM cards have already been issued and are actively being utilized, which means that this product meets our corporate clients’ needs perfectly,” commented the CEO of HSBC Bank Armenia, Astrid Clifford.