UK: First Data to Process UK BMW Corporate Card; Processing Leader Expands Service to BMW Financial Services
First Data Corp. (NYSE: FDC), through its United Kingdom subsidiary First Data Resources Limited, today announced the signing of a long-term processing agreement with BMW Bank GmbH, Munich (BMW Bank) to launch a corporate card for UK subsidiaries of the BMW Group. Full processing, including application and new account processing, plastics personalisation, cardholder call centre services and initial collections procedures, will be performed by First Data's UK operations centre in Basildon, and account relationship will be managed by First Data's office in Nuremberg, Germany.
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