Payroll Cards
Al Rajhi Bank's Transactional Banking Services act as your business partner by 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 an ATM Payroll Card 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 files 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 cheque printing costs
- Suits employees with salaries under SR 2,500 per month
- International transfers
- Transfers to Al Rajhi accounts
- Bill payments
Requirements
- Company account with Al Rajhi Bank
- Service agreement*
How to Subscribe
It is very easy to apply. To find out more about our efficient service, please contact your Relationship Manager or you can reach us in the following ways:
- Telephone (Toll Free): 800 122 8888
- Branch: Visit any one of our corporate branches
- E-mail: tbs@alrajhibank.com.sa
* Terms and conditions apply
Click here to download the Payroll Cards Application Form.
