Payments
From cheques and telegraphic transfers to payroll systems and seamless compliance with the UAE's Wages Protection System (WPS), NBF offers a comprehensive suite of services to address your various payment needs.
We Provide
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Local and international payments
- Make AED and foreign currency payments through telegraphic transfers*
- Send high value AED payments locally via UAE FTS
- Send single or bulk domestic payments through local payments
- Bulk payment facilities for high-volume, low-value domestic payments such as vendor/supplier or non-Wages Protection System (WPS) salary payments
- Extended cut-off times for your local and International Remittances that are done using the internet banking platform NBF Corporate Access
- Send payments using IPI which enables you to make an immediate payment or transfer to another bank account (IPI enabled) in the UAE in real time, 24/7, 365 days a year and without any cut-offs. With IPI, you can make time-sensitive payments of up to AED 25,000 immediately, wherever and whenever necessary
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Company cheques
- Choose from our standard 25 or 50-leaf cheque books or order customised cheques emblazoned with your company logo
- With the option to use continuous forms to facilitate printing in bulk, you are able to attach advice forms to your cheques to provide your suppliers with further information about each payment
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Banker’s cheques and demand drafts
For urgent and high-value AED and foreign currency payments, simply apply for a banker's cheque/demand draft and let us take care of the rest
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Payroll services
Meet your monthly payroll requirements safely and expeditiously with our payroll services. We offer UAE WPS-compliant services for both banked and un-banked employees and support standard domestic or international salary payments.
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Fast, transparent, and traceable cross-border payments
Experience the future of cross-border transactions with SWIFT Global Payment Innovation (GPI) at NBF. Swift GPI enhances the transparency, and traceability of your outward telegraphic transfers, ensuring efficient global payments. To learn more, click here.
Terms and conditions apply.
*Warning: Please note that the value of a remittance, transfer, or foreign exchange product/service may fluctuate due to changes in foreign exchange rates. This could affect the amount received or the overall value of the transaction.