Reply To: WPS setup

#5229

The company shall open an account with one of the banks operating in the country, in case it doesn’t have one upon joining the WPS system;
The company shall enter into contract with a WPS agent that is approved and authorized by the Central Bank of the UAE to provide this service, be it a bank, bureau de change , or a financial institution;
The employer shall issue instructions to its bank to transfer wages to workers. Instructions shall be accompanied by a detailed wages list and a copy of the list shall be sent to the agent.
The WPS will send workers’ details and wages as well as the salary transfer instructions electronically to the Central Bank of the UAE, who will then forward those details to the Ministry of Labor database in order to make sure that the details received correspond with those registered with the Ministry;
The WPS will send the approved information to the appointed agent in order to start paying the wages.