WPS Registration Booklet

1 WPS RegistrationBookletVALIDTHRUA H M A D M O H A M M E DA B D U L L A H H A S S A NWP S S o l u t i o n1234 5678 1234 56781234 Dear valued Customers,Welcome to Al Ansari Exchange. We thank you for your kind patronage over the years. It's our pleasure to inform you that we have introduced wide-range of products and services, especially tailor-made to suit your also understand that your needs, expectations and preference are constantly evolving in light of changing market dynamics. This serves as a motivation for us to continuously explore, create and introduce innovative financial solutions that set new benchmarks in quality and excellence.

2 Moreover, our business philosophy revolves around our commitment to customer satisfaction, and we are truly proud that this clearly reflects in our unique ability to diversify our financial services according to your present and future are committed to cooperating and working closely with the Central Bank of UAE and other international organizations to fight money laundering and suspicious funding activities. Keeping this in mind, we have installed state-of-the-art infrastructure and implemented best AML practices in the industry. Reinforcing our compliance in Know-Your-Customer (KYC) principle, we adhere to Central Bank of UAE directives to obtain, verify and record information of all transactions.

3 We therefore solicit your participation in this endeavor by providing us all the necessary information. In case of any queries regarding the completion of your corporate Booklet , please feel free to call our customer contact center or any of our branches. Our dedicated staff shall be happy to assist you with your queries. Assuring you of our best service at all regards,Al Ansari Exchange1. following forms in the Booklet are to be duly filled in and signed. Corporate (WPS) Customer Registration Form Letter of Authorization WPS Agreement Letter of Indemnity for Wages Protection System (WPS) Questionnaire AML / CFT Laws and regulations Online Portal user Authorization Form Declaration Form to be enclosed: Certified copy of the valid Trade / Professional License including Partner(s) list / Shareholder(s) register.

4 Memorandum of association, Board Resolution & Ownership structure as applicable. Certified Emirates ID / Passport copy of the beneficial owner(s) and Authorized Signatories. Certified valid Emirates ID / Passport with resident Visa page copy of the authorized Representatives. Employee list from the AuthorityNote: Furnish the complete/accurate information in the relevant field in the Booklet . All the information should be filled in BLOCK LETTERS. All the relevant and supporting documents need to be enclosed along with the Booklet . The Booklet should be attested by the authorized signatory/signatories of the establishment duly affixing the company seal after cross verification of all the information filled in the respective fields.

5 Avoid overwriting/strikes. If it occurs, then it needs to be authenticated by the authorizedsignatory. Completed Booklet should be submitted for on boarding the company and to process complied & hassle-free transactions. All queries from Al Ansari Exchange related to the Registration and processing of transactions should attend by the contact person of the company. For any assistance / inquiry regarding the completion of the Booklet , please feel free to contact us:Customer Care:600 54 6000 WPS Hotline : 04 3772640 Email : Signatory Name:Date: Company Stamp:Name of the Entity(as per the Trade / Professional License)NameID TypePercentageof ShareNationalityDesignationBank NameBank Branch NameLabor Regulatory Authority / MOL Number Core Business Activity MobileIBAN NumberType of the EntitySole ProprietorshipPartnershipFree Zone (FZE / FZCO)LLCPJSC & PSCA ssociation / Club / SocietyOthers: (please specify)Charitable Organization2.

6 Registration FORM FOR WPS/ESA/DOMESTIC WORKERSC orporate Customer Details: mark the appropriate box with ( )Trade / Professional License DetailsRegistered AddressPhysical AddressContact PersonNames of Owner/Partner/Director/ShareholderLocal Bank Account DetailsDDMMYYE xpiry DatePlace of IssueLicense NoIssue DateEmailNameTelephoneDesignationMobile9 719715 AEDoor /Shop NumberStreet NameDistrict /Area NameComplex / Building NameEmirateLand Box NoTelephoneEmirateEmailWebsiteTRNDate of Incorporation 43. LETTER OF AUTHORIZATIONA uthorization for conducting WPS transaction We hereby authorize the following representative(s) to conduct WPS transaction on behalf of ourcompany and to sign the necessary transaction receipts.

7 His/ Her valid original Emirates ID / Passport with resident Visa Page will be produced by him / her at the time of conducting also undertake complete responsibility of these transactions and agree to provide you necessary evidence in respect of the source of funds, additional information and supporting documents to substantiate the transaction, if , we confirm that the authorized person(s) who carries out the transaction on behalf of our company / establishment is / are our bona fide employee(s) and resident in the UAE. In this regard, we will immediately notify Al Ansari Exchange LLC in writing, in the event of change in authorized representative(s)NameDesignationID Signatory Name:Date: Company PAYMENT AGREEMENTThis agreement is executed on ___ /___ / 20 ___, between the following two parties for implementing salary disbursal services in accordance with the applicable regulatory Ansari Exchange LLC, Box 6176, Dubai, hereinafter will be referred to as the First Party Second Party _____Purpose of the Agreement.

8 This agreement is executed for disbursement of salaries of the employees of the Second Party by the First Party within the , either under the Wages Protection System (WPS) regulated by Central Bank of the UAE and the Ministry of Labour or the respective Labour Regulatory Authority (LRA). The agreement is based on the following terms and conditions:Terms and (AED)File Opening/ Set-up Charges (One Time):Number of Employees:Payplus Card Issuance Fee (One Time):Charges per Employee per Disbursal: (Payroll)Charges per Employee per Disbursal: (PayPlus)Charges per Employee per Disbursal: (Bank)Processing Charges Per File: _____ Annual _____ Per Second Party will transfer the salaries of its employees for disbursement against the charges to the First First Party undertakes to disburse the salaries of the employees of the Second Party as applicable Labour Regulatory Authority's (LRA's) guidelines and the mutually agreed process the Second Party shall provide the First Party, a Salary Information File (SIF) in accordance prescribed format.

9 The First Party may create the SIF at the request of Second Party, at agreed the LRA the First Party receives the SIF and the equivalent amount along with the applicable release the salary to the employees of the Second Party within one (1) working day subject to clauses 6, 7, 13 & 15 , it will Second Party agrees to pay the agreed charges mentioned (Clause ) in full and in each of the Second Party fails to pay the relevant charges in accordance to clause 5 of this Party has the right to cease its services in conjunction to this agreement and reserves the right to proceed with any legal , the First First Party shall provide ATM enabled cards in association with FAB & MasterCard to all employees of the Second Party upon the payment of the card issuance fee mentioned in the clause No1.

10 Registered Second Party agrees to intimate the First Party regarding deactivation of any card due to resignation or termination or any other reason of the concerned employee within 7 days of such agreement is valid for a period of one year from the date of its execution and shall be automatically renewed for subsequent identical periods as per the existing terms & conditions unless either party serves a written termination notice to the other 30 days prior to the expiry First Party shall refund any unpaid salaries to the Second Party only in compliance with procedures laid down by the Second Party agrees to raise claims of non-payment of salaries within 10 days of the incident.