Payroll

Product Name

Payroll Service

Description

• The Payroll Service suits corporations, ministries and organizations that want to pay salary for their staff in an easy way which is more convenient, reliable and safe.

Benefits

• Employers can order to pay cheques with unlimited amounts and they are allowed to transfer one account to many other accounts.
• Conveniently and safely make transfers without cash handing in the large amount to pay for each employee.
• Ensure that each employee will receive the right amount to be paid by their employers.
• Conveniently and safely withdraw money at any BCEL branch or service unit across the country
• Can to transfer fund via Internet Banking.

Terms of Service

• Customers who order to pay must open the savings or current accounts with BCEL (If not have any)
• Payrolls via BCEL system between BCEL bank accounts are free of charge.
• If the Payroll is the transfer from a current account to other banks’ accounts, there is a request to complete the requested form provided by BCEL.
• Employers must provide relevant documents, which should be contained names, A/C number of employees who will receive their salaries, with an authorized signature and stamp (If any) to allow the bank to operate the payroll transaction (If the transfer is over the Counter)