Wages Protection System is an electronic salary transfer system that allows institutions to pay employees wages via banks, money exchange houses and financial institutions approved and authorised to provide this service.
The system developed by the Central Bank of the UAE, allows the Ministry of Labour to create a database that records wage payments in the private sector to guarantee timely and full payment of agreed wages.
The WPS covers all institutions registered with the Ministry of Labour across all sectors and industries and benefits different categories of the work force.
RBS is one of the authorised banks to process the payment of wages and has the required product capability to handle the wages of your staff through WPS. In addition, RBS offers detailed client documentations to enable the companies to understand, prepare and process wages through RBS. The client documentations can be downloaded from our website.
