Document background
The Employee Credit Card Agreement is a crucial document for organizations operating in Indonesia that provide corporate credit cards to their employees. This agreement becomes necessary when companies need to establish clear guidelines and legal frameworks for corporate credit card usage while ensuring compliance with Indonesian banking regulations and employment laws. The document addresses the complexities of corporate credit card management, including authorization procedures, spending limits, expense reporting requirements, and liability allocation between the employer and employee. It incorporates specific requirements from Indonesian banking regulations, particularly those set by Bank Indonesia and the Financial Services Authority (OJK), while also considering employment law implications. The agreement is designed to protect both employer and employee interests while facilitating efficient business operations through controlled access to corporate credit facilities.
