Corporate Card – Individual Liability
ICICI Bank Corporate Cards offer better management of employee's travel and entertainment expenditure; control on employee spends and facilitates cashless transactions for the employee and the corporate.
A Powerful Payment Solution for the Corporate
Travel and entertainment expenses constitute a significant part of a corporate's indirect operating expense. Our system facilitates the corporate to assign credit limits, which helps control expenses of its employees. It provides the corporate with a consolidated billing system. Instead of making payments to the individual employees, the corporate has to make a single cheque payment to the supplier.
Corporate Card with Individual Liability – The card is for Employee's business expenses, here the Employee is liable for the payment of spends done on the card.