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Velo for Professionals

Velo for Overseas Employees

A unique banking service designed to help your overseas-based employees access financial products and services from a U.S. bank. With Velo for Professionals, they’ll be able to manage assets safely and conveniently no matter where their global travels take them.

Velo offers your qualifying overseas employees:

Velo for Expat Employees Working in the U.S.

Your expat employees are about to start new lives in the U.S. Help make their transitions easy by offering Velo for Expats:

Velo products for your expat employees include:

  • Velo mobile app including in-app application for a U.S. bank account
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  • Premier e-Checking
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  • Visa® Debit Card
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  • Direct Deposit
    • Expat employees: Set up direct deposit so your paychecks get deposited to your Velo Premier Checking account automatically.
    • Employers: Reduce cost of expensive pre-paid or credit cards for expat employees.
  • Secured Credit Card
    • Expat employees: Secured credit card is a great way for individuals who have no personal credit history in the U.S. to help establish their initial credit history1. Velo offers credit limits up to $10,000.
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    • Employers: Secured credit card is a great alternative to other financing options like employee loans.
  • Mortgage Loan Services in the U.S.
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DISCLOSURE

We may report information about the status and payment of your Account to credit bureaus and other creditors.  East West Bank will report this information using the available personal identifying information you have provided to us or provide to us at a later date.  You can learn more about how we report Credit in your Secured Visa® Classic Credit Card Agreement.