American Purchasing Solutions

Streamline & Optimize Purchasing

American Express® Purchasing card allows the company to manage their expenditures with customized purchasing and budgetary controls. Keep business payments in one place so you can track your spending, simplify reconciliation.

Key Benefits for Your Business:

Streamline Complicated Purchase Order Process

• Eliminate time and paperwork associated with requisitions, approval, purchase orders and invoices processing.
• Deliver process efficiency and turnaround time to procure goods and services.
• Increase staff productivity.

Easier To Control and Monitor

• Empowering purchasing control and departmental expenses compliance.
• Discretionary pre-set for employee entertainments and spending limits by restricting type of industry and parameterized credit limits.
• Consolidated statement to improved management audit and reporting analysis.
• Centralized local and global spending.

 Flexibility of Demand Financing

• Enjoy up to 60 days Interest Free period from first transaction day.
• Provides immediate payment to suppliers to increase negotiation leverage.
• Improved cash flow.
• Reduce risk of overdue payment.

American Express® Purchasing Card Product Disclosure (EN | BM)

Paying for Business Travel Doesn’t Need to Be Complicated

The Business Travel Account (BTA) is a card-less, centralised billing, reconciliation, and payment solution specifically designed for air travel. It provides detailed travel-related information and allows authorised users to charge air travel expenses to a designated travel agency without the need for a Corporate Card or other payment methods.

Key Benefits for Your Business:

By leveraging the BTA, your company can gain exclusive insights and capabilities to:

• Achieve optimal control over corporate travel expenses: Get a complete picture of your air travel spending, making it easier to track and manage.
• Get greater savings on air travel: The centralized approach can help you identify opportunities for cost reduction.
• Enjoy an efficient accounting solution for all travel-related expenditures: Simplify your reconciliation process with detailed travel information.
• Help improve cash flow: Benefit from up to 45 calendar days of interest-free extended credit terms, providing valuable flexibility for your business.
• Receive complimentary business travel insurance: All travellers benefit from included insurance, adding an extra layer of peace of mind.

For more information, please refer to the American Express® Business Travel Account Product Disclosure (EN | BM)

All Your Corporate Meeting Spends. All in One Place.

Manage all your corporate meeting, event management expenses, and conference spend in one convenient place with the American Express Corporate Meeting Card.

Key Benefits for Your Business:

• Consolidated Spending: Streamline your live or virtual meeting and event management expenses into a single account.
• Clearer Tracking: Easily separate meeting costs from other travel and entertainment expenses for enhanced budget control and visibility.
• Expert Partnership: Partnering with American Express gives you access to a wide range of products and meeting management expertise. This can help you:
• Redefine your group travel expenditures.
• Drive significant cost reductions.
• Enhance your overall corporate meeting programs.

American Express® Corporate Meeting Card Product Disclosure (EN | BM)

• Business Registration Form 9, 24 (full set) and 49, Trading License (if applicable), Form 13 (if applicable)/ Section 51, 58, 78 or other any related documents
• Latest 2 years certified true copy audited financial statements
• Latest 6 months’ company bank statements
• Company's memorandum and article of association
• Director and Shareholders copies of NRIC (both sides) or passport
• For Corporate Shareholders to provide item No.1 to No.5
• For Expatriates - Valid Work Permit (more than 6 months)
• Credit Bureau consent letter
• Employment confirmation letter
• Latest Management Account
• Latest Creditor & Debtor Ageing Report

To apply

Please call 1-800-88-9559 or email to corpsvc@maybank.com.my

Visit our nearest Maybank or Maybank Islamic Branch

The Service Tax of RM25 governed by the Service Tax Act 2018 shall be imposed on each Principal and Supplementary Credit/Charge Cards upon card issuance and card anniversary effective 1 September 2018.