GTBank Payroll Account
This is a bulk payment solution designed to meet your needs while handling many payments to different beneficiaries at a click of button. These types of payments include Salaries/Wages, Trade/Supplier payments, Dividends, Loan repayments/disbursements etc. With a single debit to your corporate account, payments will be made to multiple beneficiaries either via EFT and RTGS.
- Immediate credit; to all beneficiary accounts held at the GT Bank and the following working
day for beneficiaries with accounts in other banks.
- Accurate processing; Beneficiary accounts are credited electronically thus eliminating errors
associated with manual intervention.
- Reduced Workload; Owing to bulk processing functionality one can upload all the payments as a
single batch meaning time spent reconciling cheques is reduced and manpower can be used to
do other work
- Cash Handling Risk Eliminated; the need to transport and hold large amounts in cash for payment for
various payments is done away with.
- User friendly; the software is easy to use since it has friendly graphical user interfaces.
- Saves time and money when making your staff salary payments ie less administrative costs and
security firm costs for pay packets.
- GTBank will install the software and train your process team on the usage.
- Our IT and relationship team will give you support at no extra charge when needed.
- Fast and effective service.
- Free network banking access to your bank account and all other services from any branch.