Corporate > SSS Payments

Contribution Payments Loans Payments

Through BancNet's Payment to SSS, an automated company-to- company exchange of data, employers can electronically transmit to the Security System (SSS) the monthly contributions and loan repayments of members.

Advantages/Benefits

Speedy transmittal of data and reports
Electronic mode of payment
Faster and accurate posting of contributions
Elimination of hefty documentation
Centralized or decentralized downloading of reports

System Features

Electronic data pre-validation (checking)
Electronic transmission of employers’ monthly contribution data and related messages.
Electronic remittance of payments to SSS
Electronic acknowledgement of reports and payments

• Immediate OK/error responses to transmissions
• Transmitted files are listed on the screen
• File/Payment status are updated
• Printable on-screen summaries (receipts) and lists

System Requirements

Hardware:
1.PC (at least Pentium III, 256-MB Ram, 10-GB HD)
2.Internet Connection
   a.Modem
   b.Telephone Line


Software:
1.O/S: MS-Windows XP
2.Internet Browser (preferably latest version of Internet Explorer or Mozilla/Netscape)