Reminders:
1. Bank accounts details and mobile numbers should be valid, active and should not be among the following:
- closed account
- dormant account
- account name differs number from member name
- dollar account
- frozen account
- incorrect bank account
- invalid mobile number
- joint/or/and-or account
- not an existing account
- different disbursing bank
- prepaid account
- time deposit account
- with restrictions
3. Make sure that you triple-check the information you submit and that you have filled-out all fields required with the correct information.
4. Disbursement of loan proceeds shall be through PESONet participating banks.
5. In case of errors in encoded/provided details or invalid or closed disbursement accounts, the redisbursement or re-crediting of your benefit may take at least thirty (30) days to process.
6. IMPORTANT: Uploading of proof of disbursement account is required. Only verified/approved accounts shall be used for disbursement of loan/benefit proceeds by the SSS.
A. For Bank Accounts
- The employer shall enroll only one account where proceeds of benefits shall be credited. Employer may enroll the same account for all its branches and subsidiaries.
- The employer's registered business name in SSS should be the SAME as the “bank account name” being enrolled in the Disbursement Account Enrollment Module.
- Only the employer's authorized personnel will be given access and authority to enroll the PESONet Participant account information.
- Bank accounts should be mom among the PESONet-accredited banks. You should enter your bank account number and not your ATM card number.
- The member's registered name in SSS should be the SAME as the “bank account name” being enrolled in the Disbursement Account Enrollment Module.
- For cash cards issued by banks, please ensure 1hat your bank allows the use of the same for SSS disbursements.
- Bank account numbers should be written as a continuous string of numbers (e.g., 1234567890). Do not put a dash (-) in between numbers, spaces, or any non-numeric characters (e.g., #, /).
- Since getting an ATM card is optional for accounts opened through the Union Bank of the Philippines (UBP) Online App, the member may submit a screenshot of the said App containing the bank name, account name and account number.
B. For E-Wallet/Remittance Transfer Companies (RTCs)/Cash Payout Outlets (CPOs)
- Please ensure that your mobile number/SIM card can receive text messages as the Reference Number for claiming your benefit proceeds will be sent to said number.
- Mobile numbers for E waIIeVRTC/CPO should be written in the format 09171234567 or 09181234567. Do not use +63, dash (-), spaces, or other special characters (e.g., #, /).
- If you shall opt to receive benefit proceeds through RTC/GPO, you shall be charged with transaction fees by the RTC/CPO based on its prevailing rates.
- The allowed maximum amount of benefit for disbursement through RTCs/CPOs is P1O0,000.
- In case of wrong cellphone number encoded or lost cellphone, processing of requests for crediting of benefit proceeds to new/correct cellphone number will take thirty (30) working days.
- Please ensure that you have done account upgrade or account verification before enrolling your e- wallet account to ensure successful crediting of your benefit. For more information, go the following links:
b. For GCASH- https://www.gcash.com- Below are the allowed maximum amount of benefit for disbursement through GCASH:
Fully verified account P100,000.00
With linked bank. P500,000.00
c. For PAYMAYA https://www.paymaya.com. The allowed maximum amount of benefit for disbursement through PayMaya is P100,000.
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