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Alpha Payroll

The Alpha Payroll scheme offers unique and exclusive privileges on a wide range of products and services that satisfy every need the modern working person might have.

Employee Privileges

Alpha Payroll offers several unique benefits to those employees who choose to join the scheme and receive their salary through the bank:

  • Cash withdrawals without notice or any other limitations
  • High credit interest rate from the very first Euro
  • Possibility of credit facilities
  • Alpha Bank Enter MasterCard debit card for cash withdrawals and purchases all over the world for free
  • Reduced debit interest rate on an overdraft limit
  • Free of charge withdrawals from all Alpha Bank ATM’s in Cyprus with Alpha Bank Enter MasterCard debit card
  • Free standing orders upon opening the account
  • 24-hour account access and banking transactions performance through the electronic banking service Alpha Express Banking    

In addition to the above, the Alpha Payroll Scheme offers many other privileges, advantages and discounts on a wide range of banking products and services offered by Alpha Bank.

All these privileges can be enjoyed by all permanent full time employees of the business signing up to the Alpha Payroll scheme, by choosing to have his/ her salary deposited directly into an Alpha Bank account.

The scheme applies both to Private and Public sector payrolls.

As regards to the public sector, the privileges of the Alpha Payroll scheme do not apply for pension payments and for hourly paid public officials.

In order to see the benefits for companies , please click here.

For more information regarding interest rates, any other charges and the Annual Percentage Rate (A.P.R.), using a representative example, please click here.

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