Get the free UNIBANK BUSINESS DEBIT CARD AGREEMENT

This document outlines the agreement between UniBank and a company for the issuance of business debit cards, detailing terms of use, liability, fees, and communication requirements.

How to fill out unibank business debit card

How to fill out UNIBANK BUSINESS DEBIT CARD AGREEMENT

1. Obtain the UNIBANK BUSINESS DEBIT CARD AGREEMENT form from your local UNIBANK branch or download it from their official website.
2. Fill in your business name and address in the appropriate sections.
3. Provide your business registration number and tax identification number (TIN).
4. Indicate the authorized signers on the account, along with their personal information.
5. Select the features and benefits you wish to have associated with your debit card.
6. Review the terms and conditions stated in the agreement.
7. Sign and date the agreement where indicated.
8. Submit the completed form to the bank for processing.

Who needs UNIBANK BUSINESS DEBIT CARD AGREEMENT?

1. Any business entity that requires a debit card for operational expenses and management of funds.
2. Small businesses looking for convenient access to their business bank account.
3. Companies that want to track expenses easily through a dedicated business debit card.

People Also Ask about

What is the difference between a business debit card and a business credit card?

A business credit card offers a line of credit to make purchases, which can accrue interest if you don't pay off the balance, whereas a business debit card draws funds directly from your company's bank account with no credit involved.

What does business debit card mean?

Also known as a corporate debit card, it is a type of card that businesses can order and use for their in-store and online payments, as well as the option of making an ATM withdrawal when needed. It differs from a business credit card in that you only access money from your account rather than borrowing credit funds.

Can I use a business debit card for personal use?

Separating business and personal finances While it's not illegal to use your business account for personal purchases, it's typically recommended to avoid this process. For starters, making personal purchases on a business account may violate your account's terms — which may result in fines or the closure of your account.

What's the point of a business debit card?

With direct access to a business checking account, it's easy to keep track of spending and stay organized. Authorized employees can also use the card to make purchases or withdraw cash from an ATM, making it a handy tool for managing expenses on the go.

Does a business debit card build credit?

Unlike credit cards, debit cards don't extend credit. They are simply a payment tool, and therefore don't impact credit reports or scores, whether business or personal. And that's just one thing you need to understand about these cards. The other is that no federal law limits liability on business debit cards.

Is it okay to use a business debit card for personal use?

If you do use your business payment card for personal expenses, you may suffer account closure, liability in legal proceedings, less protection on your purchases, and a reduction in your business credit score.

Is it better to use a debit card or a credit card?

Credit cards often offer better fraud protection With a credit card, you're typically responsible for up to $50 of unauthorized transactions or $0 if you report the loss before the credit card is used. You could be liable for much more for unauthorized transactions on your debit card.

For pdfFiller’s FAQs

What is UNIBANK BUSINESS DEBIT CARD AGREEMENT?

The UNIBANK BUSINESS DEBIT CARD AGREEMENT is a legal document that outlines the terms and conditions under which a business can use a debit card provided by UNIBANK for its transactions.

Who is required to file UNIBANK BUSINESS DEBIT CARD AGREEMENT?

Any business entity that wishes to obtain and use a UNIBANK Business Debit Card is required to file the agreement.

How to fill out UNIBANK BUSINESS DEBIT CARD AGREEMENT?

To fill out the UNIBANK BUSINESS DEBIT CARD AGREEMENT, businesses must provide necessary information such as business name, address, registered identification number, and authorized signatories, as well as agree to the terms specified in the document.

What is the purpose of UNIBANK BUSINESS DEBIT CARD AGREEMENT?

The purpose of the UNIBANK BUSINESS DEBIT CARD AGREEMENT is to establish the rights and responsibilities of the business and the bank regarding the use of the debit card, ensuring secure and authorized transactions.

What information must be reported on UNIBANK BUSINESS DEBIT CARD AGREEMENT?

The UNIBANK BUSINESS DEBIT CARD AGREEMENT must report information including the business's legal name, contact details, tax identification number, account information, and the names of authorized users who can access the debit card.