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Payroll service

Automated Salary payroll service will release your organization from necessity to take cash in the bank, bring it to your office, make counting and deliver to each staff. Other then time saving is security - another very important issue when carrying cash from the bank to the office. As for the employees’ convenience, your staff will be able to get salaries through ATMs with VISA Electron plastic cards 24 hours a day 365 days a year and not visiting the Bank. ATMs network of Demir Bank in Bishkek and Osh and also make non-cash payments for goods and services through pos terminals in different trade and service points of Bishkek and Osh Cities. Pos-terminals network of Demir Bank.

Demir Bank, being a principal member of VISA International payment system and having its own processing center, may offer the most attractive conditions for payroll service:

  • 0% for opening and maintenance of accounts in national currency for employees of the company which is signed for automatically payroll service
  • 0% for issuance of debit cards Visa Electron
  • 0% for transfers of salaries in national currency
  • 0% for national currency withdrawal in the Demir Bank ATMs network.

The procedure of usage of payroll service with Demir Bank:

  • Company signs Payroll Service Agreement with Demir Bank
  • Demir Bank opens accounts and issues debit cards to employees
  • Authorized employee of organization shall submit to the Bank payroll sheet (paper version signed by authorized persons of organization and electronic version). Payroll sheet must consist of the respective staff members names, accounts numbers, net amounts to be paid. Based on that instruction the Bank shall transfer salary to staff accounts.