Payment cards for legal bodies

We bring to your attention the project - service in non-cash transfer of wages and other payments equal to it into personal accounts of employees of the organization within the limits of a government program on introduction of non-cash forms of calculations. Salary projects provide participation of three parties: Payment system, the Organization and Bank which will serve the Organization. Thus interaction with bank and settlement account presence allows to minimise time delays while translating money from the Organization settlement account into accounts of employees. That fact is considerable, that the given project initiated and support National bank and the Government of the Kyrgyz Republic.

Within the limits of service «the Salary project» the Bank will organize release of cards of payment systems:

• «ELKART» — local payment cards in som
• Since June 2010 "Zolotaja Korona" — inter-regional payment cards in catfishes + other currencies

Advantages to the Organization:

1. Transfer of wages into the bank account served by a plastic card, allows to facilitate substantially work of departments of accounts department and Organization cash desk.
2. Use of bank payment cards at salary payment through cash dispenses (АТМ) and points of delivery of cash (PDC) reduces expenses of the Organization and removes problems of reception, storage and transportation of cash.
3. The salary payment period that eliminates not planned the Organizations in days of delivery increases.
4. In due time to pay wages to the employees who are on long business trip or outside of the Organization.

Advantages to employees of the Organization:

1. All inconveniences connected with necessity to have at cash and the big sums of money at payment of the goods and services are excluded.
2. To receive a card on favourable terms.
3. Speed of calculations is provided.
4. The holder of a card does not depend on day and salary payment time. It can receive the demanded cash sum of money of a cash dispense (АТМ) or point of delivery of cash (PDC) Payment system.
5. To avoid necessity to declare the money resources placed on the card account, at departure abroad.

Tariffs and conditions of service on salary projects are established on the basis of the confirmed tariffs on cards ELKART and the Zolotaja Korona, individually for each enterprise.