Superior Convenience – An Unmissable Choice
While paying salaries via bank accounts is not mandatory, it’s becoming the norm for businesses. This shift standardizes financial management, ensures transparency, boosts efficiency, and saves significant time, effort, and paperwork.
“Cash payments are typically seen in small family-run businesses. However, as these businesses transition into formal enterprises, this habit is changing. Companies are opening bank accounts and adopting automated payroll systems, moving toward professional cash flow management and leaving behind handwritten ledgers,” shared Ms. Nguyễn Thanh Hà (Ho Chi Minh City), an accountant at a recently upgraded restaurant.
ACB’s payroll solution stands out with its smart features and high security.
Ms. Trần Hồng Thuận (Ho Chi Minh City), an accountant at an insurance company, humorously remarked: “All transactions, especially payroll for thousands of employees, should be processed through bank accounts. ACB’s automated payroll system is incredibly convenient, executing pre-set commands anytime, anywhere. It’s tailored to handle base salaries, performance-based pay, bonuses, and benefits accurately, on time, and securely. It significantly reduces the workload for HR and accounting teams. It’s packed with benefits—you can’t afford not to use it.”
Amid evolving regulations on business establishment, taxation, and employee insurance, payroll transactions through bank accounts are essential. “A company’s financial data is quickly synchronized with authorities, ensuring transparency and legal compliance. Monitoring and reconciliation become more efficient, helping businesses adapt swiftly after each transition. Additionally, employees can easily access their financial records for insurance claims, visa applications, and more,” noted Mr. Lê Đức Hùng (Binh Duong), chief accountant at a textile company.
Opening 500 Payroll Accounts in Under 4 Hours
Opening payroll accounts at ACB is simple, fast, and flexible. Recently, ACB’s Thanh Hoa branch opened 500 payroll accounts in under 4 hours without using any paper documents. Employees could immediately use the ACB ONE app (for individuals) on their phones to manage transactions and enjoy exclusive benefits.
ACB’s Vietnamese Human Resources Package suits all business types, from upgraded households to large corporations.
Businesses can use ACB’s payroll service via API integration with their internal systems or third-party software. The entire process is synchronized on the online banking platform, enabling accountants and HR staff to manage cash flow, reconcile transactions, and generate reports efficiently. Payroll commands can be executed automatically via the ACB ONE BIZ app (for businesses) or at branches.
“ACB’s payroll solution integrates seamlessly with our accounting software, ensuring smooth, secure operations. It’s free for life, so we’ve trusted it since our founding. Plus, ACB offers valuable perks for business owners and employees, helping us care for our workforce practically,” said Mr. Hồ Thành Đạt, owner of a steel plant in Binh Duong.
Through ACB business accounts, companies can access additional financial services like loans, guarantees, foreign exchange, and international transfers directly on ACB ONE BIZ.
Exclusive Financial Benefits with ACB Payroll
Businesses using the Vietnamese Human Resources Package enjoy lifetime free payroll processing and other perks: free account opening and management, custom account numbers, waived annual fees for the first year on business cards, and reduced POS fees.
For the first 6 months after signing, ACB offers free online international transfers, free incoming wire transfers, and 50% off in-branch international transfers, helping businesses save on transactions and manage cash flow effectively. Transparent finances also enhance access to preferential capital from reputable institutions.
Employees benefit too, with up to 20% off health insurance, lifetime free online money management and transfers, cashback on card issuance, and preferential personal loan rates. “Timely payroll and financial perks for employees strengthen the bond between workers and businesses,” Mr. Hồ Thành Đạt emphasized.
For more on ACB’s Vietnamese Human Resources Package, visit here, contact the nearest ACB branch, or call the 24/7 Contact Center at 028 38 247 247.
What Do Business Accountants Say About ACB’s Payroll Disbursement Solution?
ACB’s payroll outsourcing solution, known as the Vietnamese Human Resources Package, is highly regarded by corporate accountants for its intelligent utilities, robust security, and significant workload reduction capabilities. Tailored to suit all business types—from transitioning sole proprietorships to large-scale corporations—this solution stands out as a versatile and efficient choice for modern enterprises.
Money Laundering Through Illicit Bank Account and Business Transactions
High-tech criminals engaging in money laundering are becoming increasingly dangerous, sophisticated, and complex, making the need for robust anti-money laundering (AML) measures in the digital economy a critical challenge for nations worldwide, including Vietnam. As Vietnam’s economy becomes more open and interconnected, the urgency to enhance risk identification and mitigation in AML efforts has never been more pressing.
The Perks of the NCB Visa Pride Card: Why Everyone Wants a Piece of the Action
Debuting on National Day with two special editions, the NCB Visa Tu Hao card has swiftly captured the attention of the financial and banking community and a wide range of customers. This is not only due to its symbolic value but also the array of superior privileges it offers.
The Scam Account Epidemic: A Success Story.
A 72% decline in scam accounts; the power of biometric authentication.
As of July 1st, there has been a significant decline in the number of reported money transfer scams, with only 700 cases reported, and a mere 682 accounts associated with fraudulent activity. This remarkable decrease of 50% and 72% respectively, is attributed to the mandatory implementation of biometric authentication, a game-changer in the fight against scams and fraud.
Unraveling the Web: Exposing the Illicit Trade of Bank Accounts
“Through its vigilant monitoring, the State Securities Commission has uncovered unusual trading activities involving 15 Vietnamese company accounts and one foreign account held by AP Capital Investment Limited. The domestic accounts exhibited a pattern of buying high and selling low, resulting in losses, while the foreign account profited by buying low and selling high.”
