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Start A Payroll Account For My Company
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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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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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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
- Dubai Forum Guest
- Posts: 3
- Location: Mumbai IN
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