Payroll Account

The Payroll Account is specifically designed for companies, organizations, and governmental / non-governmental entities that want to pay their employees' salaries regularly and conveniently. The Salary Payment Account is specially designed to facilitate the process of salary payments to employees directly from the entity's account to the employees' accounts without the need for intermediaries.

Account Overview

Account Features

The Salary Payment Account is a type of Mudharabah Saving Account or a Demand Deposit Account, meaning that employees can withdraw the available funds in their Account as needed. The Salary Payment Account can be opened in various currencies such as (AFN, USD, EUR, and GBP) according to the entity's requirements.

Account’s Facilities and Services
☑ AfPay Debit Card.
☑ Internet Banking.
☑ SMS Banking.
☑ Safe Deposit Boxes.
☑ Cheque Book (upon providing a valid reason).
☑ Electronic Statements.

Account Criteria and Terms

Eligible Entities
Entities and institutions that have a salary payment Agreement with the Bank-e-Millie Afghan (BMA).

Account Fees
☑ Minimum balance required to open the account (initial deposit), not required.
☑ Maintenance of minimum balance in the account, not required.
☑ Monthly account maintenance fee, no fee.
☑ Monthly SMS Banking service fee, 20 Afghani / 0.5 USD / EURO / POUND.

Documents Required for Account Opening

☑ Valid Tazkira (NID) / Passport.
☑ Related employee introduction by the organization through a formal written document.
☑ Employee ID card and NID.
☑ Tax Identification Number (TIN), if available.