At a glance
Your business wins when you save time and money with Visa Business Debit. It offers quick and easy purchasing everywhere that Visa cards are accepted.
- Free of Charge
- Chip enabled providing you with the highest level of card payment security
- Access your funds 24 hours a day and 7 days a week
- Worldwide acceptance at over 20 million POS (Point of Sale) and over one million ATMs
- Discounts at merchant partners across Mauritius
À l'ouverture d'un compte d'entreprise
Upon opening of account BRN ( Business Registration Number) is required
Is the Visa Business Debit Card free of charge?
Yes, except for replacement of cards or PIN.
How secure is our Visa Business Debit Card?
SBM Visa Business Debit Card is chip-enabled which makes the card totally secure.
Does a business need to hold an account with SBM to have a Debit Card?
Yes. The client should hold a savings account or a current account.
Can it be used other than on SBM ATMs?
Yes, on any ATM or POS machine worldwide displaying the Visa or MasterCard logo. However, if used on non SBM ATMs, an interbank fee is payable.
Will the merchant charge me an additional fee for paying with my card?
No, the cost of an item is the same whether you pay by card or cash.
Can it be used if no balance is available in the account?
No, unless there is an overdraft limit on a current account.
Is there any limit on the ATM withdrawals allowed with a Visa Business Debit Card?
The maximum amount that can be withdrawn is Rs 20,000 per day. Moreover, for security reasons, not more than 4 ATM transactions are allowed per day.
Can a higher daily withdrawal limit be set on the card?
Yes. A higher individual limit can be considered upon request e.g when traveling abroad. A written request must be made via any SBM branch prior to travelling.
Can a Visa Business Debit Card card be used on the internet for online purchases?
No. The client needs to apply for a prepaid card or credit card to effect purchases on the internet.
Will statements be generated showing all Visa Business Debit Card transactions?
Yes, the bank will mail customers their statements on monthly basis.
Customers having Internet Banking facilities can also view their transactions online and those having Mobile Banking services can view their transactions on their mobile phones.
Can supplementary cards be issued on the same account?
No. However, individual cards can be issued to each holder of a joint account.
Does the card have an expiry date?
Yes, a debit card is valid for 5 years and is automatically renewed upon expiry