Corporate Card (Charge Card) — Atlantic Union Bank

The Atlantic Union Bank Corporate Card (Charge Card) is a purpose-built payment solution for organizations that need rigorous expense control, simplified reconciliation and robust corporate purchasing capability. Designed for finance teams, procurement departments and traveling employees alike, this charge card combines centralized billing, detailed transaction data and enterprise-grade security to help companies manage spend, enforce policy and streamline accounting processes.

Key Features

• Centralized monthly billing: Consolidated billing for all authorized corporate users, providing a single invoice to the company for simplified payment and predictable cash flow handling.
• Company-controlled limits: Set spending limits by cardholder, department or merchant category to maintain compliance with internal policies and reduce exposure to unauthorized spend.
• Detailed transaction data: Receive rich line-item data, including merchant descriptors, category codes and transaction timestamps, to accelerate reconciliation and improve expense analysis.
• Customized card programs: Issue physical and virtual cards for employees, contractors and vendors; configure single-use virtual numbers for online purchases or recurring vendor payments.
• Integration-ready: Seamlessly export transactions and integrate with popular accounting, ERP and expense management systems for automated bookkeeping and faster month-end close.
• Enhanced security: EMV chip technology, tokenization for digital wallets, real-time fraud monitoring and zero-liability protections to safeguard company funds.
• Real-time controls & alerts: Configure merchant- and transaction-type controls, set velocity limits and receive instant alerts for exceptions or suspected fraud.

Benefits for Finance and Operations

The Corporate Card is engineered to reduce administrative burden across the organization. By aggregating corporate spend and centralizing billing, treasury teams can improve cash management and forecasting. Detailed transaction-level reporting eliminates manual data entry and reduces errors, allowing accounting staff to allocate expenses efficiently and reconcile accounts faster. With configurable approval workflows and spending rules, organizations can enforce policy adherence before and after purchases, minimizing the need for corrective action.

Benefits for Cardholders and Managers

Employees gain a streamlined experience for business travel, vendor payments and day-to-day purchases. Virtual cards accelerate procurement for digital subscriptions and one-time vendor interactions without exposing primary account details. Managers benefit from built-in visibility into team spending, automated match-to-purchase order functionality and the ability to quickly address exceptions. Together, these tools make expense reporting less time-consuming and more accurate.

Security & Fraud Protection

Security is central to the Corporate Card design. EMV chip cards protect against counterfeit fraud at the point of sale, while tokenization and digital wallet support reduce the risk of card data exposure online. Atlantic Union Bank’s fraud monitoring applies machine learning and rule-based detection to identify unusual patterns and quickly escalate suspicious activity. In addition, configurable alerts and real-time transaction controls allow administrators to freeze or restrict individual cards instantly.

Expense Management & Reporting

The card provides granular, exportable transaction data to support modern expense management workflows. Information can be automatically routed to accounting and ERP systems to enable automated coding, multi-level approval flows and simplified VAT or tax treatment. Standard and customizable reports help finance leaders analyze spend by project, department, vendor or merchant category, supporting procurement optimization and continuous process improvement.

Program Flexibility

Whether your organization runs a centralized purchasing program or empowers decentralized business units, the Corporate Card can be tailored to fit. Options include multi-entity billing, departmental sub-ledgers, and bespoke reconciliation formats. Virtual card issuance supports single-use and multi-use designs, enabling safe, controlled purchases for online vendors, subscription services and temporary contractors. Physical cards are available with custom branding and configurable spend profiles for different employee roles.

Administration & Support

Atlantic Union Bank provides dedicated program management services to help implement and scale your Corporate Card program. From account setup and card issuance to custom reporting and training for administrators, the bank’s team supports program governance and continuous optimization. Online portals enable administrators to manage cardholders, set rules, run reports and export data 24/7, while customer service channels assist with lost or compromised cards, disputes and account inquiries.

Eligibility & Onboarding

The Corporate Card is available to qualifying businesses and nonprofit organizations seeking a structured payment solution. During onboarding, Atlantic Union Bank works with your finance, treasury or procurement teams to define program objectives, implement spend controls and integrate data feeds with your accounting systems. The bank’s onboarding process is designed to minimize disruption and accelerate time to value, typically including program design, system configuration and administrator training.

Why Choose Atlantic Union Bank Corporate Card

Choosing the Atlantic Union Bank Corporate Card means partnering with a banking provider that understands the complexities of corporate spend. The card marries rigorous control mechanisms with practical usability for employees, backed by secure technology and responsive support. With flexible program options and integration capabilities, the product helps organizations reduce friction, increase transparency and reclaim time currently consumed by manual expense processing.

Getting Started

Implementing a Corporate Card program can transform how your organization controls spend and manages vendor relationships. Atlantic Union Bank offers consultative program design, implementation assistance and administrative tools to ensure your program runs smoothly from day one. For finance leaders seeking a secure, scalable and policy-driven approach to corporate payments, the Corporate Card (Charge Card) delivers the controls and visibility required to modernize expense management.