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How does CCB pay wages on its behalf? Please elaborate on the process? thank you
If the unit wants to entrust the payment of wages, it must first sign an agreement with our bank to clarify the responsibilities of both parties and the solutions to possible problems; For the payroll business, our bank charges a certain handling fee to the unit that entrusts the payroll.

Personal accounts that pay wages do not charge small account management fees. ?

The payroll service is entrusted by the payroll agency. According to the agreement signed with the entrusting agency, the payroll agency uses the resources of the Bank in outlets, outlets, fund settlement and other aspects to distribute wages, bonuses, welfare expenses, pensions and other services to the personal accounts of its employees (on-the-job or retired).

Extended data:

Enterprises entrust banks to pay employees' salaries. In practice, there are differences among major commercial banks.

(1) signing an agreement

The entrusting unit and the bank sign an agency agreement on matters related to wage payment.

(2) Opening an account

The entrusting unit shall provide the employee's name, ID number and other relevant list materials according to the requirements of the current bank real name registration system, and the bank shall handle the batch account opening procedures according to the list.

(3) Allocation of funds

When paying wages, the entrusting unit will transfer the full amount of wages paid by the entrusting unit to the designated account opened by the entrusting unit in the bank, and provide the bank with a detailed list of wages in writing.

(four) the performance of the account

The bank will transfer each employee's savings account in full and on time according to the entrustment agreement and the list materials provided by the entrusting unit.

(5) customer withdrawal

After the wages are recorded, the employees of the entrusting unit can freely handle the withdrawal business. When employees withdraw money, they need to submit a current all-in-one passbook or settlement card, and fill in a deposit withdrawal form (see the figure below). The teller will check whether the contents of the receipt filled in by the customer are correct, whether the basic contents are complete and whether the account number is consistent with the account name.

After verification, print the withdrawal slip, submit it to the customer for confirmation, and the customer will sign it after confirmation. The teller stamps the passbook and withdrawal slip with personal seal, and stamps the cash receipt on the withdrawal slip.

China Construction Bank-Payroll

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