American Express Statements & Billing

Options & Capabilities

Individual Billing

With individual billing, each Card Member receives a monthly billing statement that identifies all of their charges. For payment, your Company has the following options.

  • Individual Payment
  • Central Payment

Central Payment Option (Individual Billing)

Each Card Member submits an expense report in accordance with your Company policy. The Company issues a single check to American Express for all authorized charges. Card Members can pay American Express directly for unapproved and personal charges. This option benefits your Company because it:

  • Improves cash flow
  • Retains control over payments
  • Encourages accurate documentation of expenses
  • Reduces the number of reimbursement cheques written

Individual Payment Option (Individual Billing)

This option allows your employees to continue submitting expenses for reimbursement. They are responsible for remitting payment to American Express. The benefits of this approach include:

  • Minimizing change for your Company and employees at the implementation stage
  • Encouraging timely submission of expense reports
  • Encouraging accurate documentation of expenses
  • Reducing corporate administrative workload and cost
  • Allowing employees to put personal expenditure on their Card (if permitted under Company policy)

Central Billing

Central billing accounts can be used to consolidate expenses charged to individual Corporate Cards or as a standard payment vehicle for specific categories of expenses. Central bills can also be implemented as a complement to our Corporate Card individual billing options. The benefits of this option include:

  • Increasing convenience for Card Members
  • Improving Company cash flow
  • Allowing you to make a single payment for all Cards

Flexibility & Ease in Remitting Payment

American Express accepts a number of methods for paying a Corporate Card statement. The payment methods available depend on whether your Company or the Card Member pays the statement. If remitting payment centrally, your Company may use:

  • Direct debit from a nominated bank account
  • Cheque
  • Electronic funds transfer (EFT)

Improve Cash Flow

Increase your liquidity, whilst ensuring that your vendors are paid on time. Pay suppliers through American Express and get up to 51 credit-free days without any added credit interest to pay your statement, allowing funds to earn interest or be used elsewhere

American Express Statements & Billing
Benefit Terms

Actual credit-free period will vary based on the date of charge and the billing cycle cut-off date.