We work with you to tailor a programme with the billing options and spend control features to meet your needs.
American Express offers Combined and Corporate liability options. Combined liability ensures your Company is only liable for business charges, while personal charges are the responsibility of the employee. With Corporate liability the Company is liable for all charges incurred. However, the Company and Card Members are not liable for any unauthorised use of the Card.
Increase your liquidity, whilst ensuring that your vendors are paid on time. Pay suppliers with your Corporate Card and get up to 51 credit-free1 days without any added credit interest to pay your statement. This gives you the ability to pay your bills in a manner that is timely enough to maintain and strengthen relations with suppliers, whilst giving you the breathing space to await incoming flow of funds. You might even consider negotiating a discount for your prompt payment with key suppliers.
1. Credit-free days: Actual credit-free period will vary based on the date of charge and the billing cycle cut-off date.
Central billing combines all Card Member statements into one group that is sent to a central contact. Your Company remits payment for all charges on all Card Accounts.
The benefits offered by the centrally billed, centrally paid option include:
This option lists each transaction on a Card Member basis. Each Card Member receives an individual monthly billing statement that identifies all charges. Once Card Members have submitted their expenses, your Company has a choice of paying by Autopay, cheque payment by post or collection box, variable Direct Debit, bank standing order, telegraphic transfer, Payment by Phone Service or Electronic Transfer. Cheque, telegraphic transfer and electronic remittance payments need to be accompanied by a remittance advice including backup information on how to allocate the funds.
Managing billing and payment in this manner has benefits for your Company, including:
With this option, each Card Member receives a monthly billing statement from American Express. The Card Member is responsible for submitting expense reports to the Programme Administrator for reimbursement and remitting payment back to American Express.
The benefits of this approach include:
Your Corporate Card Account may be approved in a number of ways:
Please click here to apply limits and controls.
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: