Business Banking Program Configuration
This section describes considerations for configuring your business banking programs.
Know Your Business (KYB)
When enrolling a business customer, a bank must meet the requirements for Know Your Business (KYB), a process that verifies the identity of business customers. Most issuing banks provide a KYB solution or you can consult your Galileo representative for other third-party options.
Galileo setup
Parameter | Level | Description |
---|---|---|
BTBPG | Program | Controls whether a program is a business-to-business program. When this parameter is set to Y , the program is a business-to-business program and ACH transactions that use the Create ACH Transaction endpoint are made via CCD. |
CFFSI | Product | Controls whether a product is a corporate finance fleet card product and specifies restrictions on card usage. This parameter is only valid when CFCRD is set. Values for this parameter are:0 — Corporate finance fleet card with no usage restriction (Visa only).1 — Corporate finance fleet card used for fuel and maintenance only.2 — Corporate finance fleet card used for fuel only.Other or not set — Product is not a corporate finance fleet card. |
Updated 3 months ago
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