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Individually Billed Accounts (IBA) are issued to employees to pay for official travel and travel-related expenses. The government reimburses employees for authorized expenses. The employee is responsible for making monthly payments to the bank. ... CBAs are paid directly by the government to the bank.
- What statement about an individually billed account is true?
- What are the 3 types of travel accounts?
- What is an IBA travel account?
- What is a Iba card?
- What is the reason for account suspension GTC?
- What is considered misuse of the GTCC?
- What is TMC fee Iba?
- Who has liability for paying undisputed charges individually billed accounts?
- What is centrally billed account?
- What is the difference between IBA and CBA?
- When filing a dispute you relinquish your right to recover a disputed amount?
- Does a government travel card help your credit?
- What is the benefit of using a travel card?
- Can I use my personal credit card for government travel?
What statement about an individually billed account is true?
Which statement about an individually billed account (IBA) is true? Regardless of the status of the traveler's reimbursement, they must pay their bill on time. Which situation will most likely result in an individual being issued a restricted travel card?
What are the 3 types of travel accounts?
There are three types of travel accounts: Centrally Billed (CBA), Individually Billed (IBA), and Tax Advantage Accounts. These accounts are often identified by their physical appearance as well as account numbers.
What is an IBA travel account?
Individually Billed Accounts (IBA): IBAs are GSA SmartPay accounts where payment is made directly to the bank by the individual. Tax Advantage Travel Account: A combination of CBA and IBA. Charges for rental cars and lodging will be automatically billed to a CBA for payment.
What is a Iba card?
If approved, you will be issued an individually billed account (IBA) travel card. The travel card is issued for payment of your official Government travel expenses only. It is not authorized for personal expenses. The card is not transferrable and can only be used by the cardholder.
What is the reason for account suspension GTC?
Account Suspension – Accounts will suspend when undisputed GTCC balances remain unpaid following the first cycle date after the account reaches 31 days past the due date. Use of GTCC will not be permitted by the GTCC bank.
What is considered misuse of the GTCC?
Some examples of misuse uncovered by Inspector General audits include using the GTCC to pay for adult entertainment, gambling, any expenses for other than the cardholder (with the exception of authorized expenses for dependents when on PCS or permanent duty-related travel), and excessive ATM cash withdrawals for ...
What is TMC fee Iba?
Transaction Fees Charged by the Travel Management Center (TMC) $13.50 Transportation tickets. There is no additional fee when reservations for rental car and/or hotel is made at the same time as the transportation.
Who has liability for paying undisputed charges individually billed accounts?
Payment of undisputed charges is the obligation of the employee. The employee must pay all undisputed charges directly to the bank in full by the billing due date as printed on the billing statement. This date will be 25 to 30 days after the closing date on the statement, depending on the bank.
What is centrally billed account?
A Centrally Billed Account (CBA) is an account that is used by government agencies to purchase air/rail/bus tickets, hotel accommodations, and Travel Management Center/Commercial Travel Office (TMC/CTO) fees for official government travel. ... There are some agencies that use a CBA for rental car expenses.
What is the difference between IBA and CBA?
A CBA is a type of account where the traveler is not responsible for personally purchasing their airline tickets. ... An IBA is when a traveler makes their airfare reservations through a CTO and their government charge-card was charged for the amount of the ticket.
When filing a dispute you relinquish your right to recover a disputed amount?
You relinquish your right to recover a disputed amount if you do not dispute it in writing before the 90 days from the date that the erroneous charge first appeared on your billing statement of account. If the merchant does not assist you in identifying the charge from the start.
Does a government travel card help your credit?
It Gives Credit To Those Who Aren't Qualified
The application process for a government travel credit card is less stringent than for a personal credit card. As a result, the government can be putting credit into the hands of service members who may not be qualified to obtain credit on their own.
What is the benefit of using a travel card?
Travel credit cards are convenient for booking trips, and the best ones save you money plus offer travel perks. These cards typically allow you to earn miles or points for every dollar you charge on travel, or in some cases, everyday expenses.
Can I use my personal credit card for government travel?
USE YOUR GOVERNMENT CREDIT CARD FOR OFFICIAL GOVERNMENT TRAVEL ONLY! DO NOT PAY with cash or personal credit cards for airfare or rental car. You will not be reimbursed! ... You must use the contract travel agency for all airline t ickets.
