The service will enable customers to process salary payments electronically and employees to access their salaries via a MasterCard-branded debit card. The PIN protected card will have the users name and passport/labour card number imprinted on it. Users can access the funds at ATMs which are connected to the UAEs network. The UAE-based Kibsons International, a supplier of fruits and vegetables, has already piloted the service.
HSBC provides a full range of personal financial and wealth management services in the Middle East. These include current and savings accounts, mortgage finance, term deposits and credit cards, financial planning, and investment services.
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