“Joyalukkas Exchange” relation with your institution for WPS will start with an agreement, which has to be supported by following documents:
1. Company Trade License Copy
2. Company Registration Certificate Copy
3. Chamber of Commerce Copy
4. Sponsor ‘s Passport Copy
5. Partner’s Passport Copy (if any)
6. Employee Labour Card Copy
7. Employee Passport Copy
8. Employee photograph
Registration of Employees:
Once the agreement is signed, the institution has to provide the complete list of their Employees (in the given format by “Joyalukkas Exchange”) which will be registered in our WPS system for further processing. While providing the Employee Information File, it is very much essential that all the data’s mentioned there are correct, incorrect data may lead to the rejection of file.
Preparation of Salary Information File (SIF):
Institution should prepare their Employee Salary Information File (SIF) in the given Format by “Joyalukkas Exchange” and should be submitted to “Joyalukkas Exchange”.
Transfer of Fund for SIF:
Fund transfer has to be made by the institution either at “Joyalukkas Exchange” Counter or can be transferred from their respective Bank to “Joyalukkas Exchange” WPS A/c with Central Bank of UAE.
In Case of Credit to ““Joyalukkas Exchange” Payroll Card”:
Fund will be credited to the given Card No. and can be withdrawn from any ATM (subject to availability of VISA or UAE Switch)
In case of Branch payment:
Once the Payment Information File (PIF) has been received by “Joyalukkas Exchange”, employee may withdraw their respective salary at any branch of “Joyalukkas Exchange” at any time.
Disbursal Reports (DIF):
As soon as the Employee collects their respective Salary, “Joyalukkas Exchange” will send the Disbursal Information File (DIF) to the WPS system and the same will get updated in Ministry of Labour.