This is an electronic payment solution that can be used to effect fast and timely payment of salaries, allowances and recurring payment.
The payments are securely sent electronically in a predefined format to a designated Zenith email address; these are automatically uploaded and credited to the respective accounts of the beneficiaries. The beneficiaries receive value immediately
Features of the Zenith Payroll Solution:
Client should have a corporate account with Zenith Bank .
Client should send the payment schedule electronically in the specified format to the designated Zenith Bank e-mail address.
In addition, a hard copy (signed) of the payment schedule is to be sent
A Cover Letter authorizing the bank to debit their account and credit the accounts of their employees/vendors
The account number to be debited and the effective date of the payment must be clearly stated
This must be a letter headed paper from the corporate.
After successful payments, clients’ staff will receive automatic notification on their handsets or email informing them of payments.
