To submit a payroll transaction and process the amount using Lulu Exchange, follow the below steps:
Select the employees you wish to process payroll for on the payroll table using the filters as needed and click on Submit Transaction
Click here to learn more about submitting single or multiple transactions on Bayzat.
Check the confirmation box as this transaction cannot be undone once processed.
You will be directed to the Transactions tab to view the details of this transaction and select your payment mode to process the amount
Click on Select Funds Transfer Mode to select your payment method (wire transfer, cheque or cash)
To learn more about how to transfer funds using each of the methods, click on the links below and follow the steps for your preferred method:
Please note the details for each of Lulu International Exchange bank accounts:
Abu Dhabi Commercial Bank
Account number: 625808020004
IBAN number: AE300030000625808020004
SWIFT code: ADCBAEAA
Account title: Lulu International Exchange LLC
Branch name: Main branch - Abu Dhabi
Emirates NBD
Account number: 1014238154901
IBAN number: AE080260001014238154901
SWIFT code: EBILAEADJAZ
Account title: Lulu International Exchange LLC
Branch name: ENBD Jebel Ali Free Zone Branch
First Abu Dhabi Bank (FAB)
Account number: 4021003347804029
IBAN number: AE110354021003347804029
SWIFT code: NBADAEAAXXX
Account title: Lulu International Exchange LLC
Branch name: Main branch - Abu Dhabi
Standard Chartered Bank
Account number: (0)1974557202
IBAN number: AE310440000001974557202
SWIFT code: SCBLAEADXXX
Account title: Lulu International Exchange LLC
Branch name: Salam street - Abu Dhabi
Below is a short tutorial covering the steps above on how to process payroll using Lulu Exchange on Bayzat