Deposits
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      3. Deposits

      How do our Deposits work?

      Here's a simplified breakdown of how our Deposits work at Native Teams:

      1. Simplified process: We offer a straightforward Deposits feature that facilitates timely payments for your team while minimising the risks associated with international banking.

      2. Subscription discount: By subscribing to Native Teams' EOR plan and opting in for a deposit, you'll enjoy a 10% discount on your subscription fees.

      3. Employee information collection: You'll need to gather necessary employee information, including payment details and bank accounts. Additionally, obtaining authorisation to initiate payroll transactions is essential.

      4. Hold and reserve funds: Once the deposit is received, Native Teams will securely hold the amount until the next payroll cycle. 

      Any questions? Feel free to contact support at support@nteams.com