Who is responsible for ensuring compliance with US Bank Cardholder policies?

The Approving Official plays a crucial role in ensuring compliance with US Bank Cardholder policies. This individual is typically responsible for overseeing the cardholder's activities, ensuring that all expenditures are appropriate, necessary, and in line with the established policies. The Approving Official has the authority to review, approve, or dispute transactions made by the cardholder, as well as to enforce adherence to agency guidelines and federal regulations.

The role of an Approving Official is vital because they serve as a control mechanism to minimize the risk of unauthorized or inappropriate purchases. They are tasked with preventing fraud, waste, and abuse of the card program, thereby safeguarding the interests of the agency and the federal government.

While the cardholder is responsible for using the card correctly and in accordance with policy, it is the Approving Official who has the comprehensive oversight and accountability for ensuring compliance. The finance department may support these efforts through record-keeping and financial reporting, and the agency head has overall leadership responsibilities, but the direct accountability for compliance with the cardholder policies primarily lies with the Approving Official.