Start A Payroll Account For My Company

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start a payroll account for my company Apr 04, 2016
I am planning to start a payroll account for my company. Will my employees need to keep a minimum balance.

banaq36
Dubai Forums Enthusiast
Posts: 62
Location: Dubai AE

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Re: Start A Payroll Account For My Company Apr 10, 2016
No. No minimum balance needed. In a bank, minimum salary must be five thousands and above else you can use wage protection system.
Cosmopolitan
Dubai Forum Guest
Posts: 4
Location: Dubai AE

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undefined Apr 12, 2016
Most banks do not need any minimum balance in a payroll account. Infact they do not even ask for monthly fees. They also offer online banking facilities along with a free internationally recognized debit card.
moreteena10
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Location: Mumbai IN

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