Individually Billed Accounts (IBAs) are specific types of government travel charge cards used by U.S. federal agencies, military personnel, and authorized civilians for official travel expenses. The cardholder receives the bill directly and holds personal liability for payment.

Key Definition

An IBA issues a charge card to an individual for official travel and transportation costs, with the contracted bank billing the employee directly. Unlike Centrally Billed Accounts managed by agencies, IBAs place full payment responsibility on the traveler.

Common True Statements

Multiple sources highlight these accurate characteristics:

  • Personal Liability : The individual must pay all charges, even if reimbursable by their agency.
  • Authorized Uses : Limited to official expenses like lodging, meals, and transportation per Federal Travel Regulations (FTR).
  • Credit Limits : Often set at $5,000 for standard IBAs or $1 for restricted ones based on credit checks.

Usage Guidelines

Cardholders apply through their agency's Approving Official, activate the card, and monitor balances via the bank's online system. Misuse, like personal expenses, violates policy and risks delinquency.

TL;DR : The true statement is typically that the traveler is personally responsible for paying the IBA bill.

Information gathered from public forums or data available on the internet and portrayed here.