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Creating an account for Yokoy Platinum Visa cards – EU & UK

Follow these steps to implement a Yokoy Platinum Visa card account for your company.

Yokoy Team avatar
Written by Yokoy Team
Updated over a month ago

💻 Web | 👤 Card admin

Ready to speed up your spend management process with a no-fees debit card that is fully integrated into your existing finance and HR systems?

By integrating Yokoy Platinum Visa cards with Yokoy Expense, you get a seamless view of costs, enable real-time transaction matching and automated  reconciliation, and control spend by setting daily, weekly or monthly spending limits.

✅ Availability

Yokoy Platinum Visa Cards are currently offered in accordance under the acceptance and service regulations of the issuer bank Modulr in:

  • Austria (AT)

  • Belgium (BE)

  • Czech Republic (CZ)

  • Denmark (DK)

  • Germany (DE)

  • Finland (FI)

  • France (FR)

  • Hungary (HU)

  • Italy (IT)

  • Ireland (IE)

  • Luxemburg (LU)

  • Malta (MT)

  • Netherlands (NL)

  • Norway (NO)

  • Poland (PL)

  • Portugal (PT)

  • Romania (RO)

  • Spain (ES)

  • Sweden (SE)

  • United Kingdom (UK)

✏️ Note

Modulr offers accounts in EUR and GBP. The funding of the account must match the Modulr account currency.

The account opening process takes on average 4-8 weeks. Please take into account these timelines when requesting a Yokoy Platinum Visa card account.

The process applies to both physical and virtual cards. Card admins use the web app to manage both card types. Cardholders can access their own card using the web and mobile apps.

If you‘re looking to acquire Yokoy Platinum Visa cards, please reach out to your onboarding manager if you are a new Yokoy customer, or to your account manager if you‘re an existing Yokoy customer.

To create a Yokoy Platinum Visa card account and order your cards in Yokoy:

Complete the Yokoy KYB process

To open a bank account with our issuing bank, Modulr, you need to go through the account opening process, Know Your Business (KYB). This process involves providing information on your business and corporate setup, completing identification verification, and determining a business contact for cards.

If you are approved by the bank Modulr, you‘ll receive a notification from your Yokoy point of contact, confirming the successful card account opening. Once you‘ve been approved, you can order Yokoy Platinum Visa cards.

Assign card admin in Yokoy

Once you’ve received a confirmation informing you about the successful account opening, you need to give a Yokoy user the card admin role so they can manage your company cards. In most cases, this is one of your Finance users in Yokoy.

To do this, your Yokoy Admin user needs to go to Admin > Finance/HR roles.

To assign card admin rights, click + Add new role in the top right corner to define a role for a new user or select an existing user in the list.

In the popup window, you need to select the Yokoy Platinum Visa card admin checkbox and click Save to activate this role for the user.

The Corporate Cards section appears in the navigation bar of the selected user’s Yokoy account. They can now start to order cards for your employees and manage card spending.

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