Domestic Salary Transfer Service
DOMESTIC SALARY TRANSFER SERVICE THROUGH WAGE PROTECTION SYSTEM (WPS) Secure and Convenient Salary Transfers
Ajman Bank´s Domestic Salary Transfer Service enables customers to transfer employee salaries through the Ajman Bank One Mobile Banking App and approved digital channels. This service makes it easier to process monthly salary payments for employees under your direct sponsorship, providing a quick, secure, and reliable way to manage domestic payroll.
The service allows customers to submit employee & salary information and transfer salaries directly to employees´ bank accounts within the UAE through a secure and convenient digital banking experience, aligned with Wage Protection System (WPS) requirements.
What is the Domestic Salary Transfer Service?
The Domestic Salary Transfer Service is a digital solution provided by Ajman Bank that enables customers to submit employee and salary details and initiate salary transfers through approved digital channels. The service is designed to facilitate efficient salary payments while providing transaction confirmations and reporting capabilities..
What is the Wage Protection System (WPS)?
The Wage Protection System (WPS) is a salary transfer system overseen by the Ministry of Human Resources and Emiratization (MOHRE) to support the payment of employee salaries in accordance with applicable regulatory requirements in the UAE. Ajman Bank´s Domestic Salary Transfer Service supports WPS requirements where applicable, enabling customers to process employee salary payments through secure and approved digital channels.
Features & Benefits
- Convenient salary transfers through Ajman Bank One Mobile Banking App and approved digital channels.
- Secure and efficient processing of employee salary payments.
- Transfer salaries directly to employees´ bank accounts within the UAE.
- Digital submission and processing of salary information.
- Transaction confirmations and reporting capabilities.
- Streamlined and paperless salary payment experience.
- Support for Wage Protection System (WPS) requirements where applicable.
- Compliance with applicable UAE laws and regulatory requirements.
Eligibility Criteria
To use the service, customers must:
- Available exclusively to ”Individual" Customer of Ajman Bank who maintain an active account.
- Maintain sufficient funds prior to submitting salary transfer requests.
- Provide complete and accurate employee and salary information.
- Submit salary information through the Ajman Bank One Mobile Banking App or other approved digital channels.
- Comply with applicable UAE laws, regulations, and WPS requirements, where applicable.
How to Apply
1.Log in to the Ajman Bank One Mobile Banking App.
2.Select the WPS Salary Transfer Service.
3.Read and agree to the Terms & Conditions, then click Register for WPS.
4.Click Activate Account to complete the registration process.
5.Fetch the WPS Employee List.
6.Register the employee´s IBAN.
7.Initiate the salary transfer, enter the required salary details, and review the information provided.
8.Confirm the payment and submit the transaction.
Download the app or log in to get started. Click Here
