The Bank will be responsible for processing the payroll file and crediting employees salaries within 3 hours of receiving the requirement information, as per bank policy. Payments will be made automatically by debiting the company’s account and crediting the employees accounts within the branches in Egypt.
For businesses looking for a convenient way to pay their employees salaries, the Bank can handle that task each month.
- Free account charges
- One free monthly transfer (domestic or international)
- Cash withdrawal through our Bank ATMs as well as 123 global ATMs
- Free Online service for inquiries
- Employees can benefit from all the products and services provided by the Bank, as well as having access to specific privileges
- Relieve the administrative burden in terms of time and effort
- Avoid unnecessary fees related to counting and dispatching salaries
- Reduce the risks related to handling large amounts of cash and the relevant insurance
- Reduce the probability of error in dispatching exact salary amounts to each employee
- The Bank will provide the Payroll Automated System to the contracted company, for free, and take over the responsibility of training the HR staff as well as the monthly processing
Products linked to Payroll
- Debit Card: Accepted worldwide, the debit card enables clients to withdraw cash and purchase goods locally and overseas
- Credit Cards: Whether MasterCard or Visa, with a revolving credit limit, our Bank Credit Cards can be used to purchase goods and services in addition to withdrawing cash from ATM’s locally and overseas
- Cheque Book: Issued upon clients’ request based on his/her account regularity
- Loans: All types of loans can be settled automatically by debiting a client’s current account
- Overdraft: All our payroll account holders are eligible to maintain a revolving credit limit as part of the Bank’s pre-approved scheme
Save & Invest
Whether you would like to invest for retirement, preserve your savings or simply save for a specific goal our award-winning investment funds can help.