The Central Bank of the UAE, in association with the Ministry of Labour (MOL), introduced a “Wages Protection System” in 2009. The key objective of WPS is to provide an electronic transfer system to streamline the salary disbursal process across the UAE. This system empowers the Central Bank, and thereby the MOL, with the functionality that allows monitoring of the payment of wages by the employers to their respective employees.

The WPS covers all institutions registered with the Ministry across all sectors and industries and will benefit different categories of labour.