MasterCard international business card

Advantages of the card

- simple settling of business expenses, throughout the world, commission free;

- simple following of the account balance and spending by users through the Internet Bank and SMS banking services;

- up to 42 days of interest-free period for the transactions realized at points of sale;

- favourable interest rate on the used credit limit;

- option for issuing of unlimited number of cards for your company;

- single account in EUR for use in the country and abroad;

- improvement of your company’s cash flow;

- option for setting daily limits by cards according to your company’s needs

- reduced need of carrying cash when traveling abroad;

- easier and safer than paying with cash;

- 24 hour customer support, around the world.

Card utilization

MasterCard^® international business card is acquired at more than 35 million points of sale and more than 2 million ATMs in more than 120 countries in the world. More information on acquiring the MasterCard® cards is available on www.mastercard.com.

For detailed information on all of the card’s characteristics, please read the general conditions for issuance and use of MasterCard international business card.

For bigger safety and comfort when using the card you can apply the tips for safe usage of cards of Komercijalna Banka AD Skopje.

Follow the guidelines and use the option for setting daily and periodic limits by cards according to your company’s needs.

Simple procedure of getting a new MasterCard® international business credit card

Follow the simple steps to get your new MasterCard® international business credit card:

Users	individuals upon application submitted by legal entithy
Annual membership fee*	60 EUR per card*
Nominal interest rates	- 9.6% annually on the amount of the used credit limit (1-month EURIBOR + 9.6%, but not less than 9.6%)** - 9.436% loan interest rate over the credit limit
Utilization fees		at ATMs		at counters
	In the country	2%		cannot be used at counters
	Abroad	3%, min. 4 EUR		4%, min. 6 EUR

* The annual membership fee is paid in denar counter value at middle exchange rate according to the List of Exchange Rates of the National bank of the Republic of North Macedonia valid on the date of payment.

** The rate of 1-month EURIBOR shall be announced at each 31.12. and 30.06. at the web site of the Bank and shall apply for the current six-months period (until the end of the respective six-months period) LINK . If the rate is of negative value, its value shall be taken to be 0.00 when calculating the nominal interest rate.

*** If the nominal interest rate is higher than the legal default interest rate, the Bank shall calculate interest to the extent of the legal default interest rate, which currently is 9.436% for the foreign currency accounts.

The Bank shall apply proportional method for calculation of interest.