Salary Wage Protection Program (WPS) & Salary Card
Save hours. Automate your salary processing with our NBQ E-Banking platform
Save hours. Automate your salary processing with our NBQ E-Banking platform.
Salary Wage protection Program WPS & Salary Card
The Salary Wage Protection System (WPS) is an electronic salary transfer system which processes your employee's salaries quickly and easily, and is endorsed by both the Ministry of Human Resources and Emiratisation (MOHRE) and the Central Bank of the UAE.
Features and Benefits
- Fast and secure salary payments
- Salary Card (Visa Rateb Debit Card) for all your employees
- Automated salary processing via our NBQ E-Banking platform
- Online validation of salary file processing status
- Comprehensive report on salary processing upon disbursement of salary
- E-Banking platform reduces risks associated with cash handling for payroll functions
- Access to ATM's across the UAE
- A dedicated WPS help desk contact person available for employers during banking hours
- Competitive pricing
Eligibility
- Employers with a valid Trade License
- You must register for Online Banking and the WPS scheme
- You must have an NBQ Business Account with us.
Documents Required
- Your application for WPS enrollment
- A valid Trade License
- WPS Employer & Employee Agreement
Terms & Conditions Apply
Fixed Deposit
Fix a preferential interest rate
Call Deposit Account
Enjoy earning interest, whilst still being able to withdraw or increase your savings
Current Account
NBQ's Business Current Account is available in major currencies and is the ideal solution for managing your day to day business transactions..