ELITE does away with the production of payroll cheques and cash handling, thus reducing the Companies’ costs associated with such payments.

A major benefit to both company and its employees is the security and peace of mind of not having to carry large sums of cash over payday periods. Companies carrying cash on premises will release tremendous savings on insurance premiums in the reduction of risk.

The ELITE system accepts paper, disk –and electronic (e-mail or web dump) generated media, which is then converted by BDB into formats and media required by Bankserv. ELITE allows companies to transmit data to BDB via E-Mail or a web dump directly on our mail server, thus removing the inconvenient, aggravating and hazardous factors of hand deliveries. This form of data transmission is unquestionably more cost effective than hard copy delivery.

ELITE can be installed in both “In-House” and “Software House” designed packages. ELITE obviates the need for Companies handling their monthly salary paper schedule information to the various banks for manual capturing and crediting of employees’ banking accounts, in most cases a very time consuming and costly exercise. Banks generally have stopped processing these schedules due to the high risk and costs involved in processing paper schedules.

BDB as a “ONE –STOP” operation will receive the schedules from the company and process this data through its ELITE system directly into the various Bank accounts.

Pay anyone, anywhere, anytime...