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Definition:
NBAD will take the responsibility to pay the monthly salaries (Bonus, increments…)
of the Individual Staff as per the amounts stated by the company. The payment will
be done automatically by debiting the company's account and crediting the employee's
opened accounts within NBAD-E Branches.
Benefits to the Company:
Relieve the burden of their administrative work in terms of time and effort. Avoiding
unnecessary fees (cost) related to counting salaries and dispatching them. Reducing
all risks related to handling large amounts of cash and relevant insurance. Reducing
the probability of error in dispatching exact salary amounts to each employee. NBAD
will provide the Payroll Automated System to the contracted company, for free, and
takeover the responsibility of Training HR staff as well as the monthly processing.
Benefits to the Staff:
Employees can easily access their accounts 24/7, withdrawing cash amounts according
to their needs through NBAD ATMs.
Employees can benefit from all the products and services provided by NBAD, as well
as having access to specific privileges
Product linked:
Visa Debit card:
Accepted debit card world wide, enable the clients to withdraw cash and purchasing
goods locally & overseas.
NBAD's Credit Cards:
Master Card & or Visa Card with revolving credit limit which can be utilized
in purchasing goods or services rendered in addition to withdrawing cash from ATMs
locally & overseas.
Check Book:
Issued upon client's request and based on his/her account regularity.
Payroll:
Enable all NBAD payroll clients to access their monthly salary and enjoy
NBAD's array of lending products.
Loans:
All type of loans could be settled automatically by debiting client's current account.
Overdraft:
All NBAD's payroll account holders are eligible to maintain a revolving credit
limit as NBAD pre-approved scheme.
Fees & Charges:
Free of charges
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