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Company Credit Card Agreement Template

In general, our company withdraws a credit card on your behalf. You can use it for business expenses and our company will pay the card bills. 4. You are the only person authorized to use the card and you are responsible for all fees collected against the card. This clause is illustratable and other reporting options may be inserted depending on the circumstances. For example, notifications and cards can be returned to the CFO. A lawyer can assess the possibilities and offer legal assistance. An official document setting out the terms of use of a credit card issued by the company. This directive applies to all employees who have the right to use a business card. It also applies to employees who have the right to authorize the use of a business card for their team members. This corporate credit card directive helps you put in place policies for employees who have the right to own a business card.

Allow yourself to change this policy to meet the specific requirements of your organization. Before you start establishing your corporate credit card policies and procedures, you need to know what credit cards you want to use, what your credit card provider`s requirements are meeting, and your business needs are being met. Once you have all the information you need, start sketching out the main factors. Most corporate credit card policies for employees contain these points: this model of use of corporate credit cards is written for use in a situation where a company provides a corporate card for use by employees. The agreement is favourable to the employer and makes the employee personally liable for the costs associated with the misuse of the card. Make a free application for a legal lawyer to customize this agreement and other working documents relevant to your business. There is also a transaction limit of [$150] for most of our credit cards. For an exception, talk to [your director/finance/head of department/etc.] If an employee is challenging a charge on the company`s credit card while in his possession, the matter must be brought immediately to management`s attention. All disputed transactions must be settled by the supplier, the financial department and the bank. The cardholder is responsible for obtaining and depositing all proof of payment with the financial department.

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