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Employee Payroll Account
Open more than an account. Open opportunities to get closer to your goals
Right for you if you want:
No minimum amount required
Convenient 24/7 banking online
Better value on borrowing*
No monthly fee
Credit card savings*
Real-time updates to manage your account
Mastercard Debit Card allows for shopping online
You've earned it, now make it work for you.
Now everyone can make the switch to the Employee Payroll Account
The Employee Payroll Account is designed for employed individuals with big personal goals. With a myriad of specialized benefits, it encourages stronger financial profile and improved access to banking services to support goal realization.
Eligibility for this Account
To be eligible for the Employee Payroll account:
- your payroll must be deposited to the account
- the deposits must be recurring (monthly or bi-monthly)
- the monthly amount deposit must be equal to no less than ½ the minimum wage.
*Restricted to one Payroll account per client
Top reasons to choose this account
Offered to Jamaican residents and in Jamaican Dollars only
Requires no minimum amount to open or to be maintained in the account
No monthly fee
Preferential rates on loans*
25% discount on unsecured and auto loans application fee*
Reimbursement of 1st year annual fee on approved credit cards*
Charges no fees for Proprietary (BNS) ATM and POS
Charges fees for Non-Proprietary ATM and POS
Restricted to one Payroll account per client
Monthly recurring deposits are required to remain in this account
- Full Name
- Mother’s Maiden Name (where applicable)
- One acceptable identification document containing photograph
- Date of Birth
- Nationality
- Permanent Address
- Telephone Contact Information (personal & work)
- Tax Registration Number (TRN) or other Reference Number
- Employment
- Referees (if required)
Bank from the comfort of your home
Bank anytime, anywhere with 24/7 access to our self-service options - Scotia OnLine / Scotia Mobile App / ATMs