Payroll without the hassle of writing checks! Simplify your payroll and account reconciliation by processing your employee salaries electronically.
ATLASET
Only Payroll program that can be processed on a Payment Module on Atlantic Online. Done online and realtime from the comfort of your offices.
Recommended for:
- Businesses that want to streamline payroll operations, reduce payroll costs and reduce workload
- Businesses with a large number of employees
- Businesses that prefer direct deposits into employee bank accounts instead of checks salary payment method
Opening of account:
- Apply for service at nearest Atlantic Bank
- Meet and submit requirements for service
Product features:
- Payroll processed through diskette/email delivery or Online Banking
- ATLA-SET Payroll interface software free of cost
- ATLA-SET interface software training
- Minimal Processing Fees ($1.00 per credit)
- Payroll frequency may be weekly, bi-weekly, or monthly
- Funds are immediately available to employees
Requirements for service:
- Company must have two or more employees ready to be paid through ATLA-SET
- Company must have an Atlantic Bank account to be used for debiting salaries
- Company employees to be paid through ATLA-SET must have an active Atlantic Bank account
Value Added product:
- A single debit to Company Bank Account, making it easier to reconcile accounts later on
- Free “Convert Program” if your company already uses a payroll software
- Immediate payroll processing once file is submitted
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