Wages Protection System (WPS) is an electronic salary transfer system that allows institutions to pay worker’s wages through approved and authorized agents approved by Central Bank of UAE, consisting of Banks, Money Exchanges and Financial Institutions.
The system, developed by the Central Bank of the UAE, allows the Ministry of Labour to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed-upon wages.
- More than 33,150/ Satisfied Clients
- As on 31.12.2020 GCC Exchange has more than 33,150 satisfied clients / establishments and as many as 294,033 employees utilising its quick and efficient services.
- One of the first exchange houses to provide a card aptly named Tankhwa, offering a hassle free solution for disbursement of salary.
- Ten ATM’s installed at the branches for effortless and seamless disbursement of salary.