Payroll Service
Save time and money by paying your employees through ABA payroll service. ABA Bank offers you integrated payroll services that can reduce costs, eliminate paperwork and improve security.
You can simply submit your staff salary payment files or directly credit the amounts to their accounts through our Internet Banking for Business. You do not need to withdraw cash from the account or issue check anymore.
As part of the payroll project, we issue free ATM cards for 24/7 access to their funds through our ATM network, and your employees can request Salary Loan1 against their monthly salary in the ABA Mobile app whenever in need.
1 Employer must subscribe to ABA Payroll Service and sign an MOU with ABA Bank to offer Salary Loan to its employees.
Why choose ABA Payroll service?
By choosing ABA Payroll service, you can:
- Improve your cash flow and ensure your employees are paid quickly and on time.
- Save time and money by eliminating the needs to carry large amounts of cash or issue check on payday.
- Keep your company’s funds secure, as there is no need in transporting cash from the bank to the office.
- Monitor expenditures through free Internet Banking for Business.
- Benefit your employees with a non-collateral Salary Loan which they can issue themselves instantly in the ABA Mobile app.
How it works
After simple registration, you can perform the payroll payments in two ways:
- Send the approved salary payment file to your dedicated teller at ABA Bank, or
- Use Internet Banking for Business for crediting the salary directly into your staff account.
You will receive an email each time payments are processed and completed. For privacy reasons, banking information will not be included in automated emails. Your staff can also get an SMS-notification upon receiving salary on their account (e-care service activation required).
Conditions
| Currency | USD | KHR | ||||||||
| Minimum ongoing balance | USD 0.00 | KHR 0.00 | ||||||||
| Interest rate | N/A | |||||||||
| Withdrawal conditions | Unlimited withdrawals, in cash or non-cash forms, are allowed at anytime and in any amount. | |||||||||
| Replenishment | Unlimited deposit replenishment, in cash or non-cash forms, are allowed at anytime and in any amount. | |||||||||
| Payroll processing fee thru the counter1 | USD 1.00 per transaction | KHR 4,000 per transaction | ||||||||
| Other service fees |
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| Access to deposits |
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1 Use ABA Internet Banking for Business platform instead at ZERO payroll processing fee.
2 Instead of getting free ATM card, customer can request international debit cards (UPI, Visa and Mastercard) with 50% discount on card annual fee.
3 It's available for personal accounts only.
How to apply
To subscribe the Payroll service, please visit your ABA Branch to sign the Agreement and complete the registration form. After quick activation, you will be able to start using the service.
General Terms and Conditions and General Terms and Conditions for Online Services apply. You need Adobe Reader to view this PDF files.
