Card Solutions

Awards & Recognition

  • Most Influential Commercial Cards & Payments Executive - Kevin Phalen
    Commercial Payments International (CPI), 2013
  • Best Provider of Treasury Analytics, CashPro Accelerate
    Global Finance, 2013
  • Best Overall Bank for Cash Management, North America
    Global Finance, 2013
  • Best Bank for Liquidity Management, North America
    Global Finance, 2013
  • 2012 Best Enterprise Industry Initiative - Global Liquidity Platform
    Banking Technology, December, 2012
  • Best Trade Finance Bank in the United States, 2013
    Global Finance - Trade Finance Awards, December, 2012
  • Best Bank Cash Management - South America
    Treasury Management International, September, 2012
  • Best Financial Supply Chain Bank — North America
    Treasury Management International, September, 2012
  • Best Cash Management House in North America
    Euromoney, Awards for Excellence, 2012
  • 2012 Model Bank Award Payment Services Hub for CashPro Payments
    Celent Model Bank, 2012

Overview

Driving ePayments to deliver results – increasing efficiency and optimizing working capital. Locally and globally.

Bank of America Merrill Lynch drives your conversion from paper to electronic payments with personalized guidance and flexible card solutions that adapt to you. We work with you to understand your unique payments processes — and to deliver integrated ePayments solutions designed to free up your time and working capital while increasing efficiency, visibility and control. Local delivery, worldwide expertise, all with a single point of contact.

AP Solutions

We offer a variety of solutions to help you automate and gain better control of your accounts payables transactions.  Help reduce costs, improve efficiency and optimize working capital with our comprehensive accounts payables solutions. These solutions can streamline your purchase order, invoice and payment processing while supporting your core accounts payables functions.

Global Purchasing Solutions

Streamline your purchasing process around the world with a solution that allows you to gain savings by converting check payments to card, lower transaction processing costs and incorporate spend controls for your employees. With a global reporting tool that consolidates all reporting in multiple languages across multiple currencies and countries, know that you have all of your data at your fingertips.

Global Travel Solutions

Take advantage of the convenience of worldwide acceptance with our global travel card solutions. Expect peace of mind with robust travel benefits and emergency services; automate travel and entertainment expense tracking, reconciling and reimbursement processes; and enact account-level authorization controls. Our global reporting tool provides you with reporting, maintenance and data integration all on one platform.

Corporate Prepaid Solutions

Bank of America Merrill Lynch offers a wide array of prepaid card solutions that can help corporate and commercial businesses, governments and higher education institutions reduce their disbursement costs, bank fees and account-reconciliation expenses.  View our prepaid card solutions.

Perspective

TMI

Making the Move from Paper to Electronic Payments

Companies have much to gain by making the move from paper to electronic payments, whether it's by using the ACH network, initiating wire payments or implementing a commercial card program. Whatever the channel, before embarking on an electronic migration project, companies should take the time to understand all of the potential benefits, set realistic goals, and identify the possible–but often avoidable–obstacles. Engaging a third party provider early in the process can help with the more challenging aspects of the exercise.

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