X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In the wake of Hurricane Katrina in 2005, BellSouth Corp. won kudos for its nimble response to the crisis. Along with distributing supplies, the phone company arranged with local banks to have stacks of small bills on hand to distribute to employees, who were facing their own liquidity problems. Now, as companies brace for the upcoming hurricane season, Bank of America has introduced a suite of prepaid cards to assist corporate treasuries and government entities address the need for quick cash during emergencies. The new BofA emergency relief Visa cards are available in three product configurations. Two are designed for distribution to employees and victims of disaster for everyday purchases, with a set amount of money that cannot be added to. One also can be programmed for use at ATMs.

This premium content is locked for
Treasury & Risk subscribers only.

Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.