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Bank of America Purchasing Card Employee Agreement is a legal document that was released by the Virginia Department of Accounts - a government authority operating within Virginia.
Q: What is the Bank of America Purchasing Card Employee Agreement?
A: The Bank of America Purchasing Card Employee Agreement is a document that outlines the terms and conditions for employees to use a company-issued purchasing card from Bank of America.
Q: What is a purchasing card?
A: A purchasing card is a type of credit card that is issued to employees of a company to make purchases on behalf of the company.
Q: Who is eligible to use the Bank of America purchasing card?
A: Employees of companies that have a purchasing card program with Bank of America may be eligible to use the card.
Q: What are the terms and conditions of the Bank of America Purchasing Card Employee Agreement?
A: The terms and conditions of the agreement typically include guidelines for card usage, reporting requirements, liability, and dispute resolution.
Q: What are the responsibilities of the employee when using the purchasing card?
A: Employees are responsible for using the card for authorized purchases, maintaining accurate records of transactions, and adhering to company policies and procedures.
Q: What happens if the purchasing card is lost or stolen?
A: Employees should report lost or stolen cards immediately to Bank of America's customer service. The employee may be responsible for any unauthorized charges until the card is reported.
Q: Are there any fees associated with the Bank of America purchasing card?
A: The agreement may outline any applicable fees, such as annual fees or fees for late payments or cash advances. These fees may vary depending on the specific agreement.
Q: Can the agreement be terminated?
A: The agreement may outline the circumstances under which either the employee or the company can terminate the cardholder agreement.
Q: Are there any restrictions on what can be purchased with the Bank of America purchasing card?
A: The agreement may specify any restrictions on what can be purchased with the card, such as prohibited items or spending limits.
Q: What should I do if I have questions or concerns about the Bank of America Purchasing Card Employee Agreement?
A: Employees should contact their company's designated program administrator or Bank of America's customer service for assistance.
Form Details:
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