The Social Security System (SSS) has partnered with 25 banks all over the country to provide convenient and faster coverage of maternity, sickness and employee compensation benefits to its members.
Through its Sickness, Maternity and Employees Compensation thru the Banks Program, members can now retrieve payment-benefits from the automated teller machines of partner-banks. The direct releasing of the benefits, either to their savings or current accounts, will give members a more convenient and faster means to get their funds.
The new scheme would be beneficial to both SSS and partner-banks as it will reduce operational expenses with the decrease in the use of printed checks and mailing papers, and it will further expand the clientele of the partner-banks in terms of bank account generation.
SSS self-employed, voluntary, nonworking spouses, overseas Filipino workers, employee members, as well as those members who are already separated from employment now have a safer and easier way of receiving their cash benefits.
The SSS had made it mandatory for employers to enroll their businesses or employees in the sickness and maternity benefit payment thru the Bank Program so that reimbursements for their benefits may be received.
The 25 SSS partner-banks are Asia United Bank, Bank of Commerce, China Banking Corp., CityState Savings Bank Inc., Country Builders Bank Inc., CTBC Bank Corp., Development Bank of the Philippines, East West Bank, First Consolidated Bank, Innovative Bank, Land Bank of the Philippines, Merchant Savings Bank, One Network Bank, Philippine Bank of Communications, Philippine Business Bank, Philippine Savings Bank, Philippine National Bank, PNB Savings Bank, Philippine Veterans Bank, Postbank Savings Bank, Rizal Commercial Banking Corp., Security Bank, Standard Chartered Bank, Union Bank of the Philippines and United Coconut Planters Bank.
The memorandum of agreement for the expanded coverage of payment of benefits through partner-banks was signed on April 19 at the SSS main office in Diliman, Quezon City.
11 comments
Isn’t BPI included on the list? I have just filed my maternity reimbursement and provided my BPI Savings account details to SSS. They didn’t advise me of anything but I haven’t seen BPI on the list anywhere.
Please help. Thanks.
They will deposit it which ever bank you put i used my metrobank account before even its not there list but i get my maternity benefits after one month.
Okay Lang pu ba na BPI savings account Ang I enrolled ko sa maternity ko.. Wala pa po KC aq mga i.d na need sa pang open Ng account sa ngayon..
Okay lang ba na sa account nalang ngkapatid ko ihulov ang benifits kasi wala po akong card expired na
Okay lang po ba kung sa account ng kapatid ko yung gagamitin?
Ilang days po bago maideposit sa bank account ng company ko yung MATBEN ko? Kaso as of feb 10 settled claim napo yung status nya. Sobrang tagal napo kaso nung nov 25 2020 papo ako naoperahan till now wala parin
Need po ng bank na naka-pangalan po sayo otherwise they will ask you to open new account under your name po
Ok lang po ba kung account nang asawa ko ang gamitin para sa maternity benifits ko?
Mam pag po qcrb ang ginamit?kase sabi po ng mga guard sa sss san pablo branch na kahit anong bank basta wag lang daw po ssabihin n sa sss gagamitin,
If wala po kayo bank na naka name sa inyo, informed the SSS para mabigyan kayo ng LOI para mag open nang account under your name Hindi kasi accepted ang hindi iyo.
Is it okay na Easwest Basic Saving Account yung ienroll ng husband ko for his SSS salary.loan?
Please do reply…..thank you!