homenavigate_nextProducts & Servicesnavigate_nextCash Managementnavigate_nextPayroll Service

Payroll Service

Payroll is a bulk payment of wages and salaries to company's employee — usually by credit to their Savings or Current Accounts. On the other hand, payroll service is developed to cut down the risk from carrying bulk physical cash for customers from places to places to pay to their employees. This would be a benefit to both the organization and their employees who work in Lao PDR.

Benefits

• Facilitate payroll processing and reduce costs.
• Encourage employees to use modern services.
• Increase confidence and transparency in salary payments to employees.
• Reduce the time spent on cash counting and service quickly.
• Reduce the cost of hiring staff responsible for salary payments to employees.
• Reduces the risk of carrying cash for company to pay salaries to employees.

Features

• Provide options to companies or institutions for salary payments to Savings Account or Current Account of their employees through a list name given to ACLEDA Bank by agreement.
• Pay the salary for employees in every province and nationwide.
• Employees of a company or institution can withdraw their salary at any ACLEDA Bank's branch nationwide for free of charge on the salary amount.

Currency

Payroll service is offered in LAK, USD and THB.

Fee Charge

Note: The fees are quoted for indication purpose only and subject to variation. Please contact our branch for confirmation.