What is salary project?
Salary project — is an agreement between the bank and the organization on salary payment by means of payment cards.

Salary project does not imply opening current account by the organization. Each employee of the organization which uses salary project has his own account with the bank and payment card as an instrument of access to this account.

PIVDENNYI Bank offers salary projects on the basis of :

• credit cards for top management of organization (Visa Gold, MasterCard Gold);
• credit cards for middle management (Visa Classic, MasterCard Mass);
• debit cards for employees (Visa Electron, Maestro)

Advantages of salary projects for organization

• the function of account department is reduced to pay-sheet and payment order issuing to the total amount of payments to the employees
• all the operations of salary paying off are made by the bank
• the process of salary paying off and schemes of settlements with employees are simplified
• expenses connected with cash withdrawal with the banks are reduced
• the problem of cash transportation and cash limit does not arise
• the expenses connected with cashier’s staff, cash office security, transportation and funds’ deposition are reduced
• non-cash service is introduced in conformity with Decree of President of Ukraine from 20th of March 2001 No 183/2001 “On decision of Council of National Security and Defense of Ukraine from 25 January 2001“, „On measures against shadow economy“
• The possibility of lending for employees of organization. In case of delay in salary payment the employees of Your Company can get a loan that will be automatically repaid on paying off the salary

Advantages of salary projects for employees

• receipt of salaries, advances, other payments via the card without going to the cash office and even being ill or in an other city or country
• use of the card in Ukraine, as well as beyond Ukraine
• possibility of card account use as a mean of funds accumulating with interest accruals to balance amount
• possibility of card account replenishment with own funds
• possibility of issuing supplementary card for family members on preferential terms

Use for:

• payment of goods, works, services in Ukraine, as well as beyond Ukraine
• cash withdrawal from PIVDENNYI Bank ATMs or ATMs of other Ukrainian and foreign banks.
• cash withdrawal from PIVDENNYI Bank cash offices during the operating time

No commission on cash withdrawal in bank system and on paying goods and services in trade network

Holders of PIVDENNYI Bank cards have the possibility of any Bank ATMs :

– receiving mini-information on card account,
– paying accounts of mobile communication operators UMC and Kyivstar,
– acquire voucher-codes for mobile telephone accounts replenishments,
– facilities transferring on another card of bank PIVDENNY client
– account condition checking of own card