Payroll is the compensation an establishment (employer) should pay to its employees in line with the contract between them (employee and employer). This is generally paid on a given date of the month. This is also synonymously referred to as WPS or Wages Protection System.

The establishment should have an active account with bank.

The Customer is responsible to upload the WPS file to the bank’s eChannel (SAB iCorp) for processing with the correct payroll details for each employee. Kindly ensure to upload the file 1 business day prior to the required payroll credit date and maintain sufficient balance in the account.

Yes, Customers can submit the same day value WPS file to the bank for processing. However, this feature should be enabled on the profile and the file upload should be done prior to the same day value cut off time or else same day value will not be available at the time of upload. 

Currently it is same as for future value dated transactions. (refer below to Q.10 for charges related information)

The request needs to be submitted and approved on the e-Channel prior to 2:00 Pm KSA Time to be processed on same day.

Request should be approved in the channel before 2:30 Pm KSA time for processing the future dated files.

Customers (establishment) can download the WPS return files from the e-Channel of the bank. The WPS return file is generated and available for download within 5 working days from the date of submission of the WPS files for processing.

Yes, you can unsubscribe the Payroll service by contacting your RM or send a request to bank for cancellation of the service.

(1)      All charges are exclusive of VAT. Charges mentioned in the above table are applicable only when the Customer avails the services.

(2)      Applicable if WPS file is processed

(3)      Applicable if WPS file is unprocessed due to insufficient funds