Features Processing your company’s payroll has never been easier!

Hassle-free Salary Transfers

CIB’s electronic payroll service allows companies to upload their salary files to the Bank’s corporate e-payroll website with customized authorization levels according to the company’s requirements. CIB offers a secure channel for online salary transfers through an end-to-end encryption system launched to enable safe and easy processing. Companies will enjoy:

  • The highest standards of security
  • Customized authorization levels
  • Immediate notification emails
  • One-time passwords for increased security
  • Dedicated teams to receive your inquiries

A Payroll Package Designed for Your Company

No matter your business type, company size, number of employees or even years in business, one of CIB’s Payroll packages will suit your company’s and employees’ financial needs. Our packages contain special discounts on our products, such as loans and credit cards. Learn more about the Diamond and Diamond Plus packages. 

Packages comparison Compare the benefits of the Diamond Plus and Diamond packages
Item Declared pricing (Non-Payroll Customers) Diamond Plus package Diamond package
Payroll Current Account (Annual Interest Rate)

N/A

5% on a minimum amount of EGP 5K (calculated on lowest monthly balance and credited monthly) 5% on a minimum amount of EGP 5K (calculated on lowest monthly balance and credited monthly)
Account administration fees EGP 120 per quarter EGP 20 per month*

Free

Debit card issuance fees EGP 75 Free Free
E-statement fees Free Free Free
Credit card issuance fees** Based on the card type Free*** Free***
Cash withdrawal from non-CIB ATMs

EGP 5 per transaction

EGP 5 per transaction

EGP 5 per transaction

Insurance**** N/A

 

Accidental death or disability insurance up to EGP 100,000

N/A

* Monthly fees are deducted per employee from the company account.
** This waiver does not apply to holders of the CIB-Egyptair Mileseverywhere, World and World Elite credit cards.
*** The 100% waiver on the first year of credit card issuance fees is effective upon activation within 3 months from the issuance date.
**** Insurance terms and conditions applied according to the main group policies with CIB.

Join CIB Payroll Now!

Submit your request today to start transferring salaries to your employees through CIB and enjoying CIB Payroll multiple benefits.

  1. Updated commercial register
  2. Insurance Print-Out for employees
  3. HR letter
  4. Number of employees required per package:
  • Diamond: 25 and above
  • Diamond Plus: below 25

If you're a CIB Payroll customer

Watch the short videos for instructions on your different Payroll needs

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How to Create Payroll Files

Learn how to create a payroll file to transfer salaries to your employees' accounts.

How to Use the Host-to-Host System

Learn how to use the online Host-to-host Payroll system for transferring payroll salaries.
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