Apply for your worker's POSB Payroll Account.
Introducing POSB Payroll Account, a specially designed account for Work Permit worker to receive salary payment.
This account is packaged with an ATM card, which can be conveniently used to:
Applying for a POSB Payroll Account is now made easier, through collaboration with the Ministry of Manpower.
From 16 Oct 2014, when you request for issuance of a work permit for your foreign worker via the Work Permit Online portal, you could add your application for the POSB Payroll Account on your worker’s behalf.
POSB will only accept an account application by a Work Permit holder via this enhanced process for new work permit holder whose work permit application is made from 16 October 2014. There is no need to submit paper application or have your worker walk-in to apply for an account.
Just 2 steps to set-up a POSB Payroll Account:
Select the option to open a POSB account when you request for work permit issuance via Work Permit Online portal.
Before this, please ensure that you have obtained the new work permit worker’s consent to open the POSB Payroll Account.
On the next working day, after the worker has visited the MOM Services Centre for card registration, arrange for him to visit the POSB Account Services Centre (For Work Permit holders), with his original passport and In-principal Approval Letter. The centre is located at:
7 Kaki Bukit Avenue 3
Kaki Bukit Recreation Centre
If the application is successful, we will issue him his account number and an ATM card. Please advise your worker to think of a 6-digit PIN before the visit.
As the accounts for your workers are only set-up based on information sent via MOM, please arrange for your workers to visit the POSB Account Services Centre (For Work Permit holders) on the next working day, after they have completed card registration at MOM Service Centre. Any delay could result in unsuccessful processing of their account application.
The following non-financial services are also available for your workers at the POSB Account Services Centre (For Work Permit holders) and will not be offered at any DBS/POSB branches:
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