Payroll Service
Every company and organisation is constantly seeking ways to save money and improve their operating efficiency, especially when it comes to administrative tasks and payroll processing. At Phillip Bank, we understand these challenges, and that’s why we offer a comprehensive payroll service to help your business efficiently manage employee compensation and benefits. Our services are designed to streamline your payroll process, save you time and money, and significantly reduce the risk of errors, ensuring that your staff receives their salaries on time, every time.
Features and Benefits
For Employers:
- Enjoy FREE payroll processing via our Business Internet Banking platform
- Receive a first-year waiver on OTC (over-the-counter) payroll processing fees
- Conduct payroll transactions in either USD or KHR
- Our services are flexible and adaptable, suitable for all types of businesses
- Benefit from on-site account opening to minimise any disruptions to your business operations
For Employees:
- Conveniently deposit, withdraw or transfer money at any of Phillip Bank’s ATMs, CDMs, or branches
- Receive higher interest rates compared to regular savings accounts
- Get a FREE ATM card for easy access to your funds
- Access preferential rates for unsecured personal loans
- Enjoy acceptance at all merchants with Bakong-member KHQR
- Pay ZERO fees for interbank transfers via Bakong (for transfers up to $500)
Eligibility Criteria:
- Both the company and the employee are required to open accounts with Phillip Bank
- Fulfill all the requirements as stated in the application forms
Partnering with us for your payroll needs means you can focus on growing your business while we handle the nitty-gritty details. Contact us today to learn more about our payroll services and how they can benefit your company, saving you time, money, and headaches along the way.
