Payments

Our award-winning smartBUSINESS platform is a simple, hassle-free way to automate salary payments to your employees, payments to your vendors and a range of other bulk payments. When you avail of this tried and trusted system, you will also enjoy a host of other value-add services, from automated vendor advising to accounts and payments reconciliation.

Salary Payment

If you process your employee salaries through the Wage Protection System, as mandated by the Ministry of Labour and the UAE Central Bank, we offer smart payment solutions to help you automate and streamline the payment process. This service delivers:

Enhanced safety, security and ease of implementation

Analysis of Online validation of the WPS file format

Online updating of processing status on salaries

Salary Prepay Card

The Emirates NBD Salary Prepay Visa Card makes your salary payments faster and cheaper than ever before. Designed for UAE-based companies accredited by Emirates NBD, it can support your business with:

PIN protected Visa Prepaid Debit Card, providing instant access to cash

No employee account required, no transaction fee for POS transactions

Access to Emirates NBD ATMs and other local and international ATMs

Cost and labour efficient, cash handling risk for monthly payroll processing eliminated, and accounting paper trail available for records reconciliation

Dedicated 24x7 cardholder helpline with IVR service

Simple and fast VAT payments

Dedicated Employer Helpdesk

Collections

We provide physical and digital collection systems that are proven to enhance security while saving businesses time and money. We can help you:

Secure cash and cheque pick-up through strategic alliances with reputable specialist service providers

Outsource the risks associated with transportation of physical cash and cheques

Collect payments by direct debits online from your customers securely, quickly and cost-effectively

Liquidity

We work with you to flatten financial cycles and unlock working capital for your business. Our liquidity management solutions deliver increased efficiency and reduced costs, providing you access to greater liquidity when you need it. We can help you with:

Standing instructions at reduced costs

Simple or complex sweeping and pooling capabilities

Maximising returns on idle or surplus cash through a range of tailored investments

Post-dated cheque warehousing

Talk to us

Take a moment to share your details and one of our Business Banking representatives will get in touch with you.