New functionality in Millenet for Companies

About the service

We have the pleasure of informing you that we have launched a new service in the Millenet for Companies system, which will allow you to apply for products online.

The first products you can apply for online in the Millenet for Companies system are cards – debit, charge and pre-paid.

As of now cards may be ordered at any time in a convenient way, without having to go to a branch or to set up an appointment with the Relationship Manager. Preparing and submitting a new card application will be just as simple as preparing and sending a transfer.

To use the new system functionality you need to grant user rights to the module of product applications and define the authorisation rule, according to which applications will be authorised.

Detailed information on how to submit applications in Millenet for Companies is available in the Millenet Guide.

The new functionality enables:

  • Easy preparation of the application

    Easy selection of number and types of cards, their parameters and specific card users.

  • Submit the application to the bank yourself

    You decide when to submit the application to the bank.

  • Faster application processing

    Submitting the application in electronic format reduces the time needed to set up the cards, which only takes as long as producing the plastic and delivering it to you.

  • Easy management of the applications

    Managing product applications is done in the same way as orders are managed in Millenet for Companies. Separate lists are used to present application drafts, authorised applications and applications pending authorisation as well as applications already submitted to the Bank. You can use the various lists to view application details, to edit them, authorise and submit to the Bank; to copy saved applications or to reuse a form with pre-selected parameters. Moreover the applications can be filtered in whatever way and various reports may be generated.

Changes in card service

Together with the new service we also introduced changes, which facilitate management of existing cards. As of today in Millenet for Companies you will be able to:

  • Cancel a card: pre-paid, charge or debit
  • Edit daily transaction limits for pre-paid, debit and charge cards
  • Define and edit aliases (short names) of all cards
  • Generate new card reports – list of cards and list of card details (for all card types) and a report on history of transactions (for charge and pre-paid cards)
  • Top-up the account of a pre-paid card – from the level of card details as well as with an internal transfer form
  • Repay charge card debt – from the level of card details as well as with an internal transfer form

Additionally the possibility has been introduced of filtering and sorting card lists according to selected criteria.

The card details screen is clearer and more transparent, presenting key card parameters in a revamped format.

Questions and answers

  • What products can I apply for in Millenet for Companies?

    Currently available online are payment cards. Business Customers who use Millenet for Companies will be able to apply for debit cards. The offer for Corporate Customers comprises all card types – debit, charge and pre-paid.

  • What should I do to be able to apply for products online?

    To apply for a product (currently a card) in Millenet for Companies you must have the necessary system rights:

    • Viewing product applications – the right to view applications submitted by other users of the Millekod
    • Editing product applications – the right to create new applications and to edit existing ones
    • Authorising product applications – the right to sign applications using electronic signature or SMS passwords
    • Submitting product applications – the right to submit authorised product applications

    Moreover you need to have configured authorisation rule, according to which the applications will be signed.

  • How can I grant user rights and configure authorisation rule for product applications?

    If you have a user in your company who has the authority to authorise user rights as well as changes of authorisation rules, then you can do it online in Millenet for Companies. If you have no such user then you need to configure the rights and authorisation rule on paper forms and then deliver the signed forms to us.

  • Why cannot I see the new tab in Millenet for Companies?

    To see the new "Documents and Applications" tab with product applications you must have at least one right granted to the new service: for viewing, editing, authorising and submitting applications.

  • When will the requested product appear in the "Products" tab?

    The requested card should appear on the list of products moments after you submit an authorised application – when the application gets the status "Sent".

  • Are paper documents required with internet applications?

    Opening debit and pre-paid cards online does not require any additional documents. In case of charge cards you should deliver (to the Relationship Manager) the document titled "Declaration of Submission to Execution" (only if we do not have its valid version). Then our staff will approve the application and the charge cards will be set up automatically.

  • What should I do to apply for a charge card online?

    To apply for a charge card in Millenet for Companies you must have a credit limit approved for charge cards. To get such a limit please contact your Relationship Manager.