Payroll

Free, convenient, and secure Payroll Account

More savings, more profits. BIC Bank Payroll Account easily streamlines your payroll processes while offering special perks. As an employer, you get to enjoy $0 fees for Salary Disbursement in the first year. While your employees receive the benefits of Salary Advance, special Mastercard packages, and $0 fees for opening balance.

Why choose BIC Bank Payroll Services?

To save Business Costs:

Reduce spending on software system maintenance and technology upgrades
Control operating costs by maintaining a low employee headcount
Minimize expenses related to technology solutions

Other indirect time/cost savings:

Reduces errors associated with manual data handling
Minimizes risks related to security and confidentiality issues

Increase the level of work convenience & satisfaction among different staff:

Generate real-time management reports
Strengthen internal control and planning processes.
Provide additional benefits to employees that help maintain their overall satisfaction

Benefits to employers

Not spending fee, but still can process your staffs' payroll with convenience efficiency.

BENEFIT FOCUS

DESCRIPTIONS

Financial Advantages

- Free Disbursement fee for first year.
- Internet Banking Payroll
- Payroll from Owner personal account

Risk Mitigation

- Secure Payment
- Compliance assurance

Enhanced Efficiency

- Simplify payroll processing
- Using payroll management software for real time data reporting
- Use E-payroll systems

Benefits to employees

Our payroll packages contribute to greater employee satifaction & enhancing your employees' well-being

BENEFIT FOCUS

DESCRIPTIONS

Financial Advantages

- Zero opening balance
- Free first 2 time per month for withdrawal fee to anther bank ATM
- Free mobile banking/ Internet Banking

Salary advance

- Limit maximum 80% of salary monthly payment (include all debts)

Mastercard package

- Free annual fee for first year for Debit/ Credit Card

Excutive Payroll Packages

Exclusive Executive payroll Packages are more than just compensation; they are asuite of exclusive privleges designed to attract, ratain, and motivate top-tier talents. Here's how offering these benefits can elevate your executive team and drive organizational success

BENEFIT FOCUS

DESCRIPTIONS

Additional interest rate on Deposit

1%p.a on CASA balance
+0.5% on listed FD rate

Platinum Credit Card

Applied platinum credit card benefits and free the first year annual fee

VIP Lounge in BIC Bank

Identify as VIP customers and can assess to VIP lounge

Salary Advance

Other Special Benefits

-2% of standard rate

Account Feature and Condition

Currency	KHR	USD
Minimum opening balance	N/A
Master Debit Card	Free for first Annual Fee
Disbursement Salary Fee	Free for first year
Mobile App/Internet Banking	Free

Requirements

Company:

Certificate of Incorporation/Registration issued by Ministry of Commerce
Memorandum and Article of Association
Business license issued by relevant ministry and/or authority (if applicable)
Business Patent Tax or Receipt of Patent Payment
Board Resolution/Certified Extracted Board Resolution
Passports/ ID Cards of Authorized Signatories, Shareholders and Board of Directors
Official Stamp/Seal of the Company

Employee/Employer

Local/Cambodian:

Cambodian Valid NID or Passport

Foreigner:

Valid Passport with Valid Visa (any of below) Utility bills, rental contract, or Employment contract

How to apply for BIC Bank Payroll packages

- Visit our nearest BIC Bank branch for assistance.
- Contact us via +855 23 901 338 during business hours.
- Email: info@bicbank.com.kh

The above Interest Rate and Terms & Conditions are subject to change at the Bank’s sole discretion without any prior notice to clients.
For further information, please visit your nearest BIC Bank branch or give us a call at +855 23 901 338.

Personal

Corporate

Trust

Personal

Corporate

Trust

Free, convenient, and secure Payroll Account

Account Feature and Condition