Payroll projects of the bank

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Just literally 10-15 years ago, not many citizens of the Russian Federation used banking services, but today the situation is completely opposite. Banks occupy some part of the life of almost every one of us. Salary banking projects, pension, social cards, payments and transfers, and much more connects a modern person with financial institutions.

In this article, we will focus on such a type of banking services as payroll projects.

Why pay salaries to bank cards?

Very few organizations today pay salaries to employees through their own cash desk. Most carry out this operation using the services of banks.

The question arises: "What is the benefit?" Everything is quite simple. Using banking institutions to pay salaries, the employer does not need to maintain its own cashiers and a large number of other service personnel who are associated with payroll calculations with employees.

Even though you have to pay some interest(payments) to the bank for its services, this form of payment is still beneficial. At the same time, if an agreement is concluded with a bank that provides services at a high level, then each participant in the salary project remains satisfied.

Who concludes such projects?

The director of the enterprise, together with the chief accountant, concludes an agreement with the bank, or their authorized persons who have the appropriate powers of attorney to perform operations on their behalf.

If the organization is new, then basically its representatives themselves apply to the bank, find out the conditions and conclude an agreement. But if the company is already serviced by some bank, then other financial institutions constantly send out their business proposals, including salary projects.

Moreover, it is much easier to attract a newly opened organization than one that has already entered into an agreement with another bank. In the process of fighting for market shares in financial services, banks are ready to do anything not to lose customers they have already won once. Therefore, very favorable conditions are created (for example, free transfers), which are almost impossible to bypass.

At the time of the conclusion of the contract from the bank, the head of the branch and a financial consultant who specializes in servicing legal entities are usually present.

How are contracts for salary projects concluded?

First of all, the company needs to provide constituent documents to the bank, and other additional certificates andhelp.

After full familiarization of the authorized employees of the enterprise with all the conditions and tariffs, the parties conclude an agreement. Salary projects of banks involve the transfer to the bank of a list of employees and photocopies of their documents required for identification, as well as the issuance of new plastic cards to which their wages will be transferred.

After the cards are issued, there are two ways to issue them. The first is when bank representatives come to the enterprise and there, against receipt, they give out to each employee personally both the card itself and the pin code. The second is when employees of the enterprise apply to the bank on their own and receive a card with a pin code already at the branches.

Often, the second option occurs when employees of the organization were absent at the time of the arrival of bank employees for the mass issuance of cards due to illness or any other reason.

Analyzing the current banking offers in the financial services market, five levels of salary projects can be distinguished.

Low

This level is the most common. It is very cheap for the enterprise, as it does not imply any additional services. If an enterprise is just starting to cooperate with a bank, then the first thing it does is choose such a salary project. Sberbank, for example, charges only 300 rubles for servicing such a product. per month. Most often, this option of a salary project is offered to budget organizations.

Standard level

For maintenance of the payroll projectAt the standard level, the company pays a slightly higher amount, but at the same time receives a large number of additional services: reduced commission for settlements, free SMS notifications for all employees.

Gold Level

Gold level involves the issuance of higher quality salary cards to employees. Some banks at this level offer chipped cards, which are more secure than standard ones. For example, Sberbank offers such a salary project to enterprises for 3,000 rubles. per month.

Platinum level

This level implies service at a higher level. The cost of such a package of services is quite high and not affordable for every company. This level includes all the advantages of lower levels, and also implies some others. For example, banks offer free card replacements in case they are lost, property insurance of their owner, as well as medical life insurance, which is valid both on the territory of the Russian Federation and abroad.

Premium level

Not all banking institutions offer a premium level. And those who provide such a service do not provide it in all cities where there are branches, only in those where there is demand. Maintenance of such a package of services is quite expensive, but includes many advantages: discounts in stores, hotels, a dedicated personal hotline operator and much more.

Clients with cards of this level are classified as VIP clients.

Conditions in allbanks differ, and the above is an average list, which is compiled by comparing the offers of the largest banks operating in the Russian Federation.

If you are thinking about what level of salary project to choose, then you should not immediately conclude a contract for platinum or premium. Remember that even a low level can be quite attractive, the main thing is that a banking institution fulfills its obligations and provides quality service to both the management of the enterprise and ordinary working people.