Document background
This Employee Credit Card Agreement is designed for use by Swiss companies or organizations operating under Swiss law that wish to provide corporate credit cards to their employees. The document becomes necessary when a company wants to establish clear guidelines and legal protection regarding the issuance and use of corporate credit cards. It addresses key aspects required under Swiss banking regulations, the Swiss Code of Obligations, and data protection laws, including liability provisions, expense management procedures, and compliance requirements. The agreement is particularly relevant in today's business environment where corporate credit cards are increasingly used for business expenses, travel, and procurement. It helps organizations maintain control over expenses while providing employees with convenient payment methods, incorporating specific Swiss legal requirements regarding employment relationships and financial transactions.
