SSS E-Payment
The Bancnet Electronic Data Interchange System electronically posts your employee’s monthly SSS contributions via the internet, made possible through Bancnet’s SSS Net facility. This speeds up the processing and updating of employees?data and remittances.
BENEFITS:
Reliable
- Automatic transfers of SSS payments and posting of contributions done in real-time, 24 hours
- Advanced notification of discrepancies and automatic reconciliation of documents.
Secure
- All transactions are secure and protected from hacking and other intrusions via the Bancnet Firewall
- Bancnet’s user ID and password authentication scheme allows access only to enrolled entities such as employers, the SSS, and their respective depository banks
Accessible Information
- The server is regularly updated on a real-time basis, with a data retention period of three months.
- Archive of information is maintained on external media for easy retrieval.
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