Payroll Services

MCB provides payroll service that allows using ATM cards and promises you managing the salaries of employees accurately and on timely manner.

We help customers achieve more.

Special Benefits

BASIC DOCUMENTS REQUIRED

Required Documents

Fees And Charges

Fee Description(MMK)
Card
3,000 MMK
Salary charges per transaction
100 MK
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Product Features

MCB provides payroll service that allows using ATM cards and promises you managing the salaries of employees accurately and on timely manner.

  1. The company has to send a confirmation letter of assigning two responsible people to contact and an email address in company letterhead in crediting salaries to employees’ accounts at the bank.
  2. The company needs to send the opening forms and a schedule of individual employees’ facts needed for opening accounts along with the confirmation letters stating those facts are accurate. The company also has to send the request letter in letterhead for opening the accounts for employees in the list.
  3. Account can be opened with the initial deposit of MMK 10,000 and Excel File format can be asked for after opening process.