The cardholder is responsible for reporting loss or theft of the purchasing card immediately to JP Morgan Chase by calling 800-890-0669. The cardholder should also notify the card administrator and budget officer.
Upon the cardholder's telephone call, the bank will immediately suspend the purchasing card and reissue the card with a new account number.
It is imperative that the cardholder contact the bank immediately for suspension of the purchasing card so that there are no liability questions.
When a cardholder terminates employment with the university, the department has the specific obligation to reclaim the purchasing card and return it to the card administrator prior to the employee's termination date. Failure to do so may result in revocation of all department privileges. If a terminated employee continues to use this card, the department will be liable for all charges.
Budgetary deficits in a department's account will result in revocation of all department cards.
The use of a university purchasing card for personal purchases may result in card removal and/or disciplinary action up to and including termination of employment.
Non-adherence to these procedures will result in revocation of individual cardholder privileges and may result in revocation of all department purchasing cards