Payroll

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Payroll

Your corporation can easily manage its payroll through SAIB's electronic payroll service. This service saves resources and ensures secure and accurate processing. Your Human Resources Department does not have to worry about the hassle of employee account opening, salary transfers and payment enquiries. We provide your employees with a Mada Debit Card from The Saudi Investment Bank thus ensuring a simple and fast salary withdrawal process.

The Saudi investment Bank is offering a new Easypay Payroll / Household cards solution which allow for electronic wage payment to all your employees whose salaries are less than SR 3,500 by means of salary card which can be used in any ATM/POS within the Kingdom of Saudi Arabia. For further details see https://www.saib.com.sa/en/prepaid-cards

Features

  • Set authority and transactional limits to appropriate levels.
  • Determine which account may be served through the internet (one or all).
  • Internal transfers to third party accounts with SAIB.
  • SARIE transfers.
  • SWIFT transfers.
  • Bulk payments.
  • Payroll transfers.

Requirements

  • Open or have an existing account with SAIB.
  • Apply for a B2B or Flexx Business service.
  • Fill and return the required registration and agreement forms.

Apply Now

To enjoy SAIB’s Payroll service, contact our Flexx Call contact center at 800 124 8000 or email us at #Group - Cash Management Sales Team