About

LOLC (Cambodia) Plc provides a payroll service for businesses, companies and institutions that need to prepare and pay staff salaries. Instead of withdrawing cash, the employer transfers funds from its main account to employees' accounts opened with LOLC, with all salary payments processed at the same time.

The service handles payments in KHR or USD and is available to employers with at least five staff, at a fee of KHR 1,000 or USD 0.25 per transaction. Payroll can be processed for staff at LOLC branches nationwide.

Employees paid through the service hold savings or digital savings accounts with LOLC at no charge, earn interest on their account balances, and receive an LOLC ATM card that can be used free of charge at ATMs and POS machines of CSS members. They can also use LOLC Mobile (Cambodia) for transfers, fixed deposits, bill payments, mobile top-ups and loan payments. Employers register by completing a Payroll Service Request or Amendment Application Form at any LOLC branch and supplying the documents required for their customer type.
Global Payroll 60%
Payroll Processing 40%
General Business Services 100%

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