DBL's Payroll
Pay your whole team in a few clicks
Pay salaries straight into employees' bank accounts through Corporate eBanking. Secure, on time, with no cheques to write.
No set-up feeNo minimum employeesNo cut-off time
Payroll batchCorporate eBanking
Payroll uploadedUploaded as an Excel file
Batch approvedBy your authorised approver(s)
Staff paidDBL accounts immediately, other banks via EFT
Overview
What is DBL's Payroll?
DBL's Payroll is a payroll payment service for businesses that bank with Demerara Bank Limited. Through our Corporate eBanking platform, you upload or enter your payroll once, approve it, and the bank pays each employee directly into their account.
It replaces cheques and cash pay packets, cuts paperwork, and gives you a clear record of every payment. It suits businesses of any size, from small shops with a handful of staff to large employers.
0Minimum number of employees. Every business size is welcome.
Benefits
Why businesses choose it
Pay staff faster, with fewer errors and less paperwork.
Secure
Multi-factor authentication and approval controls protect every payroll run.
Fast
Pay your whole staff in minutes instead of hours of cheque writing.
Accurate
Automated processing reduces manual errors and missed payments.
Direct deposit
Salaries go straight into employees' bank accounts. No cheques, no cash handling.
Anywhere, any device
Manage and approve payroll online through DBL Corporate eBanking.
Lower costs
Save on printing, cheque books, paper storage and trips to the bank.
How it works
Process your payroll in four simple steps
Everything happens inside DBL Corporate eBanking.
1
Log in to Corporate eBanking
Sign in with your company's Corporate eBanking access.
2
Click the "Corporate" tab
Open the Corporate tab once you are logged in.
3
Click "File Process"
Select the File Process option to start your payroll.
4
Upload your data
Upload your payroll as an Excel file.
Eligibility
Who can apply
Registered businesses, incorporated companies, NGOs and any other organisation with a Demerara Bank corporate account and access to Corporate eBanking can use DBL's Payroll. There are no restrictions on business type or size.
Employee accounts: Your employees do not need a DBL account. Payments to DBL accounts work as a regular DBL transfer, and payments to other local banks are sent through EFT.
What you'll need
- A Demerara Bank business current or chequing account
- Corporate eBanking access (contact us to enrol)
- Board resolution or mandate naming authorised signatories (already part of opening a business account)
- Employee list with names and account numbers
Pricing
Fees and processing times
Simple pricing with no set-up cost.
Set-up fee
No fee
Start using DBL's Payroll at no cost.
To a DBL account
$50
Per payment. Funds arrive immediately once approved.
To another bank
$100
Per payment. Funds are sent with the EFT batches.
Cut-off time
None
Submit payroll whenever suits your business.
Payroll frequency
Anytime
Weekly, fortnightly, monthly or as needed.
Minimum employees
None
Suitable for businesses of every size.
See our current fee schedule for full details.
FAQs
Frequently asked questions
Quick answers about DBL's Payroll.
Does Demerara Bank offer payroll services?
Yes. DBL's Payroll lets businesses pay employee salaries directly into their bank accounts through DBL Corporate eBanking.
Who can use DBL's Payroll?
Any business or organisation with a Demerara Bank business account and Corporate eBanking access.
Do my employees need a Demerara Bank account?
No. Employees can be paid into a DBL account or an account at another local bank.
How do I sign up?
There is no separate application. Any business with Corporate eBanking access can use DBL's Payroll. To enrol in Corporate eBanking, visit any DBL branch or contact our Corporate Banking team.
How much does it cost?
There is no set-up fee. Each payment costs $50 to a DBL account and $100 to another bank.
When will my employees receive their pay?
Employees with DBL accounts are paid immediately once the batch is approved. Employees at other banks are paid with the EFT batches.
What is the cut-off time for submitting payroll?
There is no cut-off time for submitting payroll.
Can I schedule payroll in advance?
Yes. You can post a payroll batch ahead of time. Funds are debited from your account once the batch is approved.
How is my payroll kept secure?
Corporate eBanking uses multi-factor authentication, and payroll batches stay posted until your authorised approvers approve them. No money moves before approval.
Can I pay staff weekly, fortnightly or monthly?
Yes. You can run payroll at any time, on whatever schedule suits your business.
What if I make a mistake in a payroll file?
The approver rejects the batch, and the corrected payroll can then be reposted.
Can I manage payroll from my phone?
Yes, although we recommend using a desktop or laptop for payroll.
Will I get a record of each payroll run?
Yes. The final approver receives a confirmation for each payroll run.
Who do I contact for help?
Contact any DBL branch or email support@demerarabank.com, Monday to Friday during regular business hours.
Ready to simplify payday?
Join the businesses across Guyana that pay their teams with DBL's Payroll. Our Corporate Banking team will help you get set up.