Payroll

Payroll service provides the convenience to employers, companies, enterprises, local and international organizations and other entities to pay salaries to staff, employees and workers in safe, transparent and time-saving manner. It also offers a great opportunity to staff to get more benefits in using products and services from PRASAC. PRASAC offers ATM cards for free of charge to your staff for managing the cash through more than 100 ATM locations within 24 hours a day and 7 days a week. In addition, the staff will be able to have Internet Banking and Mobile Banking for free; and they can use it for the settlement of electricity and water bills, fund transfer, cash-by-code, phone top-up and balance checking, etc.

Interest Rate and Fee

Descriptions Fee
Initial Deposit Not required
Account Opening for Staff Free of Charge
Offer ATM Card Free of Charge
Monthly fee in using ATM, internet banking and mobile banking Free of Charge

Benefits for Employers

  • Saves time for employers, companies, local and international organizations
  • Provides convenience in paying salaries to employees with transparency and avoids any cash confusion
  • Provides the employees a modern style by using of banking services
  • Easy to manage saving balance of the company

Benefits for Staff, Employees and Workers

  • All staff will have the personal account with PRASAC
  • No monthly fees or maintenance fees
  • Earn interest from their deposit
  • Get an ATM card for free of charge
  • Get a passbook for free of charge
  • Secure cash in account
  • Be able to withdraw cash, settle electricity and water bills, fund transfer, Cash-by-Code, top up the phone, check account balances and other services without charge
  • Free activation of Internet Banking or Mobile Banking; and free in performing the settlement of electricity and water bills, fund transfer, Cash-by-Code, top up the phone, check account balances and other services