Direct wage payments to employee bank accounts linked to automaticteller machine cards may be written into law, indicated the Departmentof Labour-Salary under the Ministry of Labour, Invalids and SocialAffairs.
Deputy Director Hoang Minh Hao said payments viabank transfer were mentioned in the draft of the Labour Code, which hasbeen proposed to the Government for comments, as an alternative to cashpayments.
Hao said the intended legislation would improvetransparency and employee rights and make it easier to solve moneytransfer and withdrawal issues.
Work payments to bankaccounts have become popular in big cities with ATM systems, and bankaccounts could now pay electricity, water and telephone bills and moneytransfer easily, he added.
However, ATM cards still remainunfamiliar to a majority of employees, especially to workers inindustrial zones and those in suburbs and remote areas.
"Ioften feel annoyed when queuing at an ATM to wait for my turn to takeout money - taking out money from the ATMs becomes a hard job," said VuThi Huong, a packing company worker from the Chau Son industrial zone innorthern Ha Nam Province.
She said the long queue happened every month, when the company paid its workers.
Huong wonders whether instating bank payments would benefit workers asmany prefer cash and only use their ATM cards to take out money withoutusing other bank services.
Taking out small amounts ofcash is difficult, as ATMs don't allow the withdrawal of less than50,000 VND (2.5 USD), which can be a big sum to workers, she added.
Her company has more than 500 workers, and most are paid by direct banktransfers, which means a long ATM line forms as employees from othercompanies are paid then too.
Many ATMs run out of money,or temporarily stop working, forcing workers like Huong to try severalmachines before successfully withdrawing cash.
Worker Nguyen Thi Nhu encountered another ATM problem when her card was swallowed by the machine.
"It took time to get my ATM card back and the procedure was quite complicated," Nhu said.
Experts agree that putting bank account payments into law must beaccompanied by the development of the ATM system throughout the country.The bank account wage payments will then be encouraged rather thanconsidered a compulsory method, said Hao./.
Deputy Director Hoang Minh Hao said payments viabank transfer were mentioned in the draft of the Labour Code, which hasbeen proposed to the Government for comments, as an alternative to cashpayments.
Hao said the intended legislation would improvetransparency and employee rights and make it easier to solve moneytransfer and withdrawal issues.
Work payments to bankaccounts have become popular in big cities with ATM systems, and bankaccounts could now pay electricity, water and telephone bills and moneytransfer easily, he added.
However, ATM cards still remainunfamiliar to a majority of employees, especially to workers inindustrial zones and those in suburbs and remote areas.
"Ioften feel annoyed when queuing at an ATM to wait for my turn to takeout money - taking out money from the ATMs becomes a hard job," said VuThi Huong, a packing company worker from the Chau Son industrial zone innorthern Ha Nam Province.
She said the long queue happened every month, when the company paid its workers.
Huong wonders whether instating bank payments would benefit workers asmany prefer cash and only use their ATM cards to take out money withoutusing other bank services.
Taking out small amounts ofcash is difficult, as ATMs don't allow the withdrawal of less than50,000 VND (2.5 USD), which can be a big sum to workers, she added.
Her company has more than 500 workers, and most are paid by direct banktransfers, which means a long ATM line forms as employees from othercompanies are paid then too.
Many ATMs run out of money,or temporarily stop working, forcing workers like Huong to try severalmachines before successfully withdrawing cash.
Worker Nguyen Thi Nhu encountered another ATM problem when her card was swallowed by the machine.
"It took time to get my ATM card back and the procedure was quite complicated," Nhu said.
Experts agree that putting bank account payments into law must beaccompanied by the development of the ATM system throughout the country.The bank account wage payments will then be encouraged rather thanconsidered a compulsory method, said Hao./.
