Salary payment

Valuable time-savings

Centralized salary payments through the bank enable companies to pay company employees quickly and efficiently by transferring salaries to employees’ accounts with the bank. Swedbank offers making salary payments more beneficially and faster to 1.4 million Swedbank customers throughout Latvia.

  • Advantages to the company
  • Advantages to employees
  • less work for accounting department;
  • a modern opportunity to avoid dealing with cash and the associated costs;
  • reduced expenses on cash transactions.
  • Reduced costs related to cash collection and delivery, reduced bank charges on cash withdrawals;
  • Reduced volume of work for cashiers and accounting department;
  • No commission charged for transfers of salary payments via Internet banking for business clients;