ICICI Bank Central Travel Account Card

The ICICI Bank CTA Card is a centralised corporate payment solution that allows businesses to manage all travel-related expenses through one account. Instead of issuing separate cards to each employee, the company can route bookings and payments centrally, ensuring better control, transparency, and simplified reconciliation.

The CTA Card is issued only to corporates and business entities that have regular travel and lodging requirements, subject to eligibility and documentation.

The card provides corporates with the convenience of making all payments through a single account, resulting in enhanced control over expenses. It helps in easier reconciliation through consolidated statements, supports integration with ERP systems and Travel Management Companies (TMCs). It is globally accepted at airlines, hotels and travel agencies, which makes it an ideal solution for managing both domestic and international travel expenses.

A Corporate Credit Card is issued to individual employees to meet their business travel and expense requirements, while a CTA Card is issued at the company level and is primarily used for centralised travel bookings. The CTA Card ensures that all travel spends are consolidated into one account, whereas Corporate Credit Cards are designed for distributed employee-level usage.

The CTA Card is designed exclusively for travel-related expenses. It can be used for airline tickets, hotel stays, payments to travel agencies and other lodging or transportation services, depending on the company’s agreement with the bank.

All expenses incurred on the CTA Card are consolidated into a single monthly statement that the corporate is required to clear. This significantly reduces administrative work, and ICICI Bank also provides Enhanced Data through the Network that can be used for expense tracking and automated reconciliation across departments or projects.

The liability for repayment lies entirely with the corporate entity. ICICI Bank enters into an agreement with the company that clearly defines repayment responsibilities and credit limits.

ICICI Bank provides Enhanced Data by matching booking details from TMC and spend details of the card that allows corporates to tag expenses by employee ID, cost centre, project code or trip reference at the time of booking. This makes monitoring and allocation of costs simple and transparent.

Yes. The CTA Card can be used both for domestic and international travel. International usage will be subject to standard foreign exchange mark-ups and charges as per ICICI Bank’s policy, while ensuring seamless acceptance worldwide.

A company can apply for the CTA Card by contacting its ICICI Bank Relationship Manager or visiting nearest branch. The process involves submitting required documents, undergoing a credit assessment and signing a corporate liability agreement.

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