USD
Savings Account
0.50%
Current Active Account
1.00%
Fixed Deposit 3 Months
2.50%
Fixed Deposit 6 Months
4.00%
Fixed Deposit 12 Months
5.00%
Fixed Deposit 24 Months
5.24%
Fixed Deposit 36 Months
6.25%
High Growth Fixed Deposit 24 Months
6.00%

Free, convenient, and secure Payroll Account

More savings, more profits. ICD Bank Payroll Account easily streamlines your payroll processes while offering special perks. As an employer, you get to enjoy $0 fees for Salary Disbursement in the first year. While your employees receive the benefits of Salary Advance, special Mastercard packages, and $0 fees for opening balance.

Why choose ICD Bank Payroll Services?

To save Business Costs:

  • Reduce spending on software system maintenance and technology upgrades
  • Control operating costs by maintaining a low employee headcount
  • Minimize expenses related to technology solutions

Other indirect time/cost savings:

  • Reduces errors associated with manual data handling
  • Minimizes risks related to security and confidentiality issues

Increase the level of work convenience & satisfaction among different staff:

  • Generate real-time management reports
  • Strengthen internal control and planning processes.
  • Provide additional benefits to employees that help maintain their overall satisfaction

Benefits to employers

Not spending fee, but still can process your staffs' payroll with convenience efficiency.

BENEFIT FOCUS
DESCRIPTIONS
Financial Advantages
- Free Disbursement fee for first year.
- Internet Banking Payroll
- Payroll from Owner personal account
Risk Mitigation
- Secure Payment
- Compliance assurance
Enhanced Efficiency
- Simplify payroll processing
- Using payroll management software for real time data reporting
- Use E-payroll systems

Benefits to employees

Our payroll packages contribute to greater employee satifaction & enhancing your employees' well-being

BENEFIT FOCUS
DESCRIPTIONS
Financial Advantages
- Zero opening balance
- Free first 2 time per month for withdrawal fee to anther bank ATM
- Free mobile banking/ Internet Banking
Salary advance
- Limit maximum 80% of salary monthly payment (include all debts)
Mastercard package
- Free annual fee for first year for Debit/ Credit Card

Excutive Payroll Packages

Exclusive Executive payroll Packages are more than just compensation; they are asuite of exclusive privleges designed to attract, ratain, and motivate top-tier talents. Here's how offering these benefits can elevate your executive team and drive organizational success

BENEFIT FOCUS
DESCRIPTIONS
Additional interest rate on Deposit
1%p.a on CASA balance
+0.5% on listed FD rate
Platinum Credit Card
Applied platinum credit card benefits and free the first year annual fee
VIP Lounge in ICD Bank
Identify as VIP customers and can assess to VIP lounge
Salary Advance

Other Special Benefits
-2% of standard rate
Account Feature and Condition
Currency

USD

Minimum opening balance

N/A

Master Debit Card

Free for first Annual Fee

Disbursement Salary Fee

Free for first year

Mobile App/Internet Banking

Free

Requirements
Company:
  • Certificate of Incorporation/Registration issued by Ministry of Commerce
  • Memorandum and Article of Association
  • Business license issued by relevant ministry and/or authority (if applicable)
  • Business Patent Tax or Receipt of Patent Payment
  • Board Resolution/Certified Extracted Board Resolution
  • Passports/ ID Cards of Authorized Signatories, Shareholders and Board of Directors
  • Official Stamp/Seal of the Company
Employee/Employer
Local
    Foreigner:
    • Valid Passport with Valid Visa (any of below) Utility bills, rental contract, or Employment contract
How to apply for ICD Bank Payroll packages
- Visit our nearest ICD Bank branch for assistance.
- Contact us via during business hours.
- Email: contact@icdbank.com

The above Interest Rate and Terms & Conditions are subject to change at the Bank’s sole discretion without any prior notice to clients.
For​ further​ information,​ please​ visit​ your​ nearest​ BIC​ Bank​ branch​ or​ give​ us​ a​ call​ at​  

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