Money Movement
Effortless payroll disbursement solutions aligned with local labor law compliance.
Trusted by 400+ companies
Automated Process
Hassle-Free Money Movement & Disbursement Services
We handle our clients’ bank file uploads and disbursements using secure web-based banking tools. Our automated process eliminates human error, ensuring accuracy when raising fund requests and disbursing payments to employees, authorities, and third parties.
Once the client approves the Gross-to-Net payroll report, the BSH team finalizes the payroll, and our Fund Request Engine generates the necessary fund request.
Personal
Car
House
Loans
HOUSE LOAN
50,000
Total
Tickets
DXB
CAI
1,200
Adult Ticket
1,000
Child Ticket
Ticket Request
Balance Report
Timely Payments
Automated Fund Requests & Secure Disbursement
Disbursement amounts in the required currencies, for both payroll and statutory payments, are automatically transferred to the Fund Request Engine. This generates the payment report and bank file, including any reconciliation from previous disbursements.
The fund request and bank file are securely sent to the client with detailed instructions. After receiving the funds, BSH disburses payments to all beneficiaries on the agreed payment date.
Client Portal
Handling Bank File Uploads
In addition to the money movement services, BSH has a disbursement service to perform the ‘first upload and audit’ of generated bank files into the client’s banking system.
Upon client sign-off on the G2N, our team uploads the automatically generated bank file onto the client’s banking portal in the pre-agreed appropriate location for disbursement by the client’s payroll team. In this convenient mode, clients maintain the responsibility for the final audit and fund release to the appropriate beneficiaries.
Schooling Request
#57894
Sara Johns
Ready to Simplify Your Payroll Process?
Streamline your payroll disbursements and ensure compliance with our hassle-free money movement services. Contact us today to get started.
Frequently asked questions
What is a money movement service?
Money movement refers to the process of transferring funds between individuals, businesses, or institutions. It involves managing funds within a broader financial ecosystem. This includes bank transfers, wire transfers, ACH payments, and digital payment systems, facilitating fast and safe transactions.
What is the specialty of BSH money movement services?
We use secure web-based banking tools for our money movement services. This automated process eliminates human error and ensures accuracy when raising fund requests and disbursing payments to employees, authorities, and third parties. In addition, we have a disbursement service at BSH that performs the ‘first upload and audit’ of generated bank files into the client’s banking system.
How does BSH ensure accuracy in disbursements?
BSH’s automated system eliminates manual intervention, reducing the risk of human error. Once the payroll is finalized, the Fund Request Engine generates accurate fund requests for disbursement.
