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Payments

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

  • 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
    • Generous cut-off times: 3:00 pm from Sunday to Thursday for outward remittances (except AUD, HKD and SGD); 6:00 pm for JPY transactions, value next day; 2:30 pm for outward AED payments to other UAE banks that are done manually or 3:30 pm if using NBF Direct
  • 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
  • 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

  • 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