A business debit or corporate card draws from the company's own account balance and is typically issued to specific named individuals — directors or authorised employees — rather than to the company as an abstract entity.
Because a card is tied to an individual, the same KYC that applies to directors and UBOs during account opening typically extends to anyone who will hold a card — a non-resident director isn't automatically excluded, but is reviewed the same way.
Spend limits, card freezing and virtual-card generation are usually set per cardholder, drawing from one shared company balance.
Virtual cards are typically faster to issue and suit online spend; physical cards suit in-person and are usually issued for named individuals.
How many cards a company can issue, and to whom, varies by provider and plan — this is confirmed case by case.
Card issuing is a feature some providers offer and others don't — it's worth checking rather than assuming it's included.
Tell us about your structure, activity and payment needs — the essentials, not a full application.
We assess the structure and requirements against what providers typically accept before recommending a direction.
We identify a suitable regulated provider and explain what is realistically available for your case.
You complete official KYC/KYB directly with the regulated financial provider — not with Latynex.
The provider makes the final decision and activates the account. We stay involved if anything needs coordinating.
Latynex is not a bank or electronic money institution. Financial accounts and payment services are provided by independent, regulated financial institutions. Final eligibility and approval are determined by the selected provider, following its own KYC/KYB review.
Often yes, to an authorised employee — subject to the provider's own KYC on that individual.
Card networks are typically global, but any FX conversion on a purchase in a different currency follows the provider's own rate and fee schedule.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
No obligation — we review your case and respond with a straight answer.
Tell us about your company and payment needs — we review the case and point you to a provider genuinely suited to it.
Check eligibility