Travel management account

Designed for large businesses with significant travel expenses, a travel management account helps you streamline travel expense management and keep costs under control.

Features

• Centralise travel expenses in a single account, which you lodge with your chosen travel management company
• Control expenses and enforce your corporate travel policy
• Remove manual processing, with the outstanding balance of your facility automatically debited each month from a nominated account
• Simplify reconciliation with electronic reporting tailored to your business systems

Improve reporting
Receive electronic reports that are specially tailored to your company’s accounting systems, giving you the information you need to control costs, analyse travel activity and negotiate preferential rates.

Reduce interest costs
Because your outstanding balance is automatically paid each month, you will normally pay no interest on purchases.

Protect your business and your staff
Travellers are automatically covered by:

• Transit accident insurance up to $250,000. For full details please refer to the Certificate of Transit Accident Insurance (PDF)
• Unauthorised use insurance up to $150,000 pa

Create a complete solution
Combine your travel management account with a Commonwealth Bank corporate charge card or credit card to create a complete solution for business and travel expenses.

• Important information about advice
  As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.
  
  All products mentioned on this web page are issued by the Commonwealth Bank of Australia; view our Financial Services Guide (PDF 59kb). View Product Disclosure Statements (PDSs) for Electronic Banking (PDF 135kb) and CommBiz (PDF 325kb) and consider them before making any decision about these products.
  
  Other important information
  Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the loan offer. Bank fees and charges may apply.