SSS Disbursement Account
Are you tired and worried waiting for your check from SSS loan to arrive? Worry no more because SSS has new feature which allows you to enroll your bank account to their system, which then will be called as your SSS disbursement account. Through this, you can now use your enrolled bank account to credit your benefit payments or proceed of your loan takeout and no more checks will be arriving to you. This way, you will no longer get perturbed by your check’s whereabouts once it gets to start on delivery because all of your proceeds will directly go to your enrolled bank account instantly. And most of all, it will now be hassle-free as no more checks need to be encashed on banks saving you from long queues as these are extremely annoying and time consuming.
So now let’s get started on enrolling your bank account.
How To Enroll Your Bank Account To SSS
To begin with, Login to your SSS account here:
Under E-SERVICES tab, select the Disbursement Account Enrollment Module (see below screenshot).
On the next page, a reminder will be prompted on the screen for your your review. Read carefully the guidelines before ticking the checkbox stating your certification of understanding then click the Proceed button.
Then on the next page, select your preferred bank to enroll to your SSS account. Then input your bank account number on the next two input boxes. Once finished, tick the checkbox next to “I agree that the…..” statement then click the Enroll Disbursement Account.
Once successful, you will see your transaction reference number on the same page (similar to image below).
Furthermore, you will also receive an email notification from SSS about your successful bank account enrollment as shown below:
However, for security purposes, SSS has added supporting documents that the member has to upload to verify that his newly enrolled disbursement account is indeed under his ownership. So your supporting document should have your name on it. To upload your supporting documents, just click the file icon encircled in yellow below:
Supporting documents for bank account can be any of the following lists:
- ATM Document Type
- ATM Card with Account No. and Name
- Bank Certificate/statement (issued not earlier than 2019)
- Foreign remittance receipt
- Passbook
- Screenshot of online/mobile banking account
- Validated deposit slip
For your convenience, taking a picture of your ATM card would be the fastest way to get as your supporting document. Just make it sure that the picture of your ATM has your name on it and the bank account number is similar to your enrolled disbursement account. Further more, the picture should be either in JPEG or PDF format and the size is not larger than 1MB. If the format and size is not valid, then just use Microsoft Paint editor to resize it and save as JPEG.
To continue further, Under Attached Supporting Documents drop down menu, select the ATM Card with Account No. and Name. Click the Choose File button and locate your picture to be uploaded. Then click Submit button. (see below image)
On the following screen prompt, you will just be asked to review your supplied supporting document. If everything is ok, just click the Proceed button.
After submitting your supporting document, the status of your enrolled disbursement account will be for approval of servicing branch as shown below:
You will also receive an email notification from SSS regarding this submission of proof of account similar to photo below:
After 3 weeks, SSS will send another email notification regarding the approval of your disbursement account if no problem is found in your application. See below sample email:
Once it gets approved, your account will be displayed under Active Disbursement Account Records with SSS, similar below:
Final Thought
During the first publication of this post as well as my first enrollment of my bank account to SSS disbursement account, uploading of supporting documents were not yet part of this feature. Thus once you enrolled your bank account, it gets instantly active as your disbursement account. However, for security purposes, it’s a good action taken by SSS to include this uploading of supporting documents so that SSS can validate that the proceeds of loans/benefits will truly go to the member who owns the SSS account as well as the enrolled bank account. Just image if you lost your phone or your SSS online account get hacked and someone applied a loan for you while enrolling their own bank account instead of yours? nah!
Anyways, because of this update from SSS, I also updated this post to complete the procedure as I also completed my bank enrollment to SSS by uploading my own supporting document.
