Payroll Cards
Al Rajhi Bank's Transactional Banking Services acts as your business partner, assisting you in managing your business more efficiently. We have structured a simplified Payroll Card Service to manage your payroll payments easily.
We understand that your employees’ satisfaction is crucial to the success of your company. Your employee will receive ATM payroll cards to withdraw his/her salary without opening a personal salary account with us.
Al Rajhi Bank Payroll Card Services
Al Rajhi Bank’s payroll card is designed to handle all of your payroll requirements. It is especially suitable for companies processing large volumes of payroll payments (for employees with monthly pay less than SR 2,500).
Upon receipt of your company's request, Al Rajhi Bank will issue payroll cards to your employees without the need for them to open a personal current account with the bank. Salaries can be reloaded monthly and drawn by employees using the Al Rajhi Bank ATM network.
Features and Benefits
- Accessible through the Al Rajhi Bank ATM network
- Automated data exchange
- Dedicated internet based portal
- Electronic transmission file verification
- Feedback reports for reconciliation
- Requires no personal employee current account
- Reduces risk of carrying cash
- Saves time and money spent on monthly reconciliation
- Saves check printing costs
- Suits employees with salaries under SAR 2,500 per month
Eligibility
- Company account with Al Rajhi Bank
- Service agreement (terms and conditions apply)
How to Apply
To find out more about our efficient Payroll card services, please contact your Relationship Manager or you can reach us in the following way: