BFC Payments Salary Account

BFC Payments offers the most innovative digital salary account facility for your employees. You can now on-board your company as a Wages Protection System (WPS) compliant business and start paying your employee salaries digitally!

Benefits for the Employees

  • Empowered by 50+ physical BFC Branch locations across Bahrain, open every day of the week with multi-lingual staff to cater your employees.
  • Digital Money Management Facility through BFC Payments Mobile Application – for sending money back home.
  • BFC Payments salary account is the best way for the safe storage of hard-earned money and allows employees to have zero balance in their accounts with no penalty.
  • Facility to withdraw the whole amount credited as salary in any denominations, including coins.
  • One-stop-shop to withdraw salaries and send money as well.
  • No deductions from the employee & the entire service is offered to the employee free of charge
  • Salary Account statements

Benefits to your company

  • WPS Compliant Salary Accounts and Payment System
  • Eliminate large queues of employees waiting to receive their salary.
  • Reduced Risk – No need for large amount of cash handling during salary period.
  • Notification to payroll managers on salary release.
  • Easy process for addition or removal of employees.
  • Retrieval facility for salary records
  • Safest Method of Salary Distribution during Pandemic – clean and secure branch environment with queue management and limited human interaction for the distribution of salaries.
  • BFC Payments Mobile Application provides convenience on the go for viewing account statement and sending money back home.

Easy Steps for Enrolment

1

BFC Payments registers your company & employees in addition to opening your employee accounts online after completing the necessary KYC procedures.

2

During the allotted salary period, your company would send all employee information and consolidated salaries to BFC Payments.

3

BFC Payments credits individual employee accounts held with BFC Payments with the corresponding amount provided in the salary file.

4

Employees then receive their salaries in their BFC Salary Account Wallets.

5

Employees can use the BFC Payments mobile application to send money to their home country. Additionally, they can go to any of the 50+ BFC branches in Bahrain to withdraw their salaries and/or remit over the counter.

To enroll with BFC Payments Salary Account service, call us on +973 1700 4548 or email at business@bfcpayments.com

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