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.
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
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