New law hopes to regulate direct bank wage transfers
Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour-Salary under the Ministry of Labour, Invalids and Social Affairs.
Deputy director Hoang Minh Hao said payments via bank transfer were mentioned in the draft of the Labour Code, which has been proposed to the Government for comments, as an alternative to cash payments.
Hao said the intended legislation would improve transparency and employee rights and make it easier to solve money transfer and withdrawal issues.
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