11/21/2012

Am I Qualified for Philhealth Maternity Coverage?

By With 45 comments:
Updated July 28, 2016
 
QUESTION: I am a Philhealth member. I am giving birth to my baby next month. Can I qualify for Philhealth maternity coverage?


ANSWER:  It depends on your membership category, and the number of monthly premiums you have paid.

If you're EMPLOYED: You must have paid at least 3 monthly premiums or contributions within 6 months immediately prior to your delivery.  Your month of delivery is included in the 6-month count.

Example: You will give birth in December; you must have paid 3 monthly premiums within 5 months prior to December plus December (any 3 months within July to December)

If VOLUNTARY or INDIVIDUAL PAYOR:  The requirement is the same with that of Employed (since November 2013).  You must have paid 3 monthly premiums within 6 months immediately prior to your delivery.  Your month of delivery is included in the 6-month count.

Example: You will give birth in July; you should have paid 3 monthly premiums within 5 months prior to July plus July (any 3 months within February to July)

If OFW: Your date of delivery should be within your Validity Dates written in your Philhealth premium payment receipt.

Example: You will give birth in August 8, 2017 -- this date should be within the Validity Dates in your receipt. For example, you will be covered if your validity dates are September 3, 2016 to September 3, 2017, or December 25, 2016 to December 25, 2017.

If your Validity Dates are August 1, 2016 to August 1, 2017, you will not be able to use Philhealth because August 8, 2017 is outside your validity dates.

If SPONSORED or INDIGENT member: Your date of delivery should be within the Validity Dates in the Philhealth ID card given to you.

Example: You will give birth in July 4, 2017; this date should be within the Validity Dates in your card. For example, September 3, 2016 to September 3, 2017, or December 25, 2016 to December 25, 2017.

If your Validity Dates are June 4, 2016 to June 4, 2017, you will not be able to use your Philhealth card because July 4, 2017 is outside your Validity Dates.

If LIFETIME or SENIOR CITIZEN member: Oh-uh... I think no Lifetime Member or Senior Citizen will ask about their maternity benefit eligibility hehe  :)
But for other medical treatments, yes, you are qualified anytime.  You just need to present your Lifetime Member ID and your MDR plus photocopies.

Related posts:
How Much is Philhealth Maternity Benefit?
How to Avail of Philhealth Benefit? Philhealth Registration

8/21/2012

Do BDO Cash Cards Earn Interest?

By With No comments:

No, BDO cash cards do not earn interest.
These cards are described as electronic reloadable prepaid debit cards.

Technically, you do not Deposit money into these cards. You Reload them. When you go to a BDO branch, you do not fill up the Cash Deposit Slip. Instead, you fill up the Sales/Reload Slip.

Also, BDO cash cards are not insured by the Philippine Deposit Insurance Corp. (PDIC).

Starting September 1, 2012, you are now charged 2 pesos per ATM withdrawal when using your BDO cash cards.

Balance limits for BDO cash cards:

10,000 pesos -- if your name is not embossed on the ATM card
25,000 pesos -- if your name is embossed on the ATM card

Is there a maintaining balance requirement?
None.
But you should deposit or withdraw at least once in 6 months (if your name is not embossed on the card), and at least once in a year (if your name is embossed on the card).

5/14/2012

Can Children Be Philhealth Members?

By With No comments:
Yes, children can be Philhealth members.

If they cannot be dependents of Philhealth members because their parents are deceased, or if their parents are not Philhealth members, or if their guardians have not adopted them, they can be enrolled as Philhealth members by their guardians or sponsors. They'll be Individually Paying Members.

Reference: Philhealth circular No. 020-2012, signed by Philhealth President and CEO Dr. Eduardo P. Banzon on April 20, 2012



4/05/2012

What is dormancy fee? Why do banks charge this fee?

By With No comments:


The bank is earning money from my savings, so why does it impose dormancy fee on my account?

What is dormancy fee?

Dormancy fee is the amount of money deducted from a savings account with no deposit or withdrawal for a period of 2 years, or a checking account with no deposit or withdrawal for a period of 1 year.

  • Savings account -- Dormant after 2 years of no deposit or withdrawal
  • Checking account or current account -- Dormant after 1 year of no deposit or withdrawal

Why is there dormancy fee?

Dormancy fee is used to cover the cost of maintaining a dormant account. Once an account becomes dormant, it undergoes several procedures that entail costs. These procedures include segregation of dormant accounts, periodic review of dormant accounts, and other internal control procedures. Dormant accounts are also included in periodic reports submitted by banks to the Bangko Sentral ng Pilipinas.

Dormant accounts are being checked periodically to comply with the  Unclaimed Balances Act of the Philippines. This law requires banks to report to the Bureau of the Treasury accounts that have been inactive for ten years.

How often is dormancy fee deducted?

Dormancy fee is deducted every month starting from the month of dormancy until it is activated by the depositor.

Is the depositor or account owner informed of the dormancy fee?

Yes, the BSP requires that banks disclose dormancy rules in passbooks or in other written agreements between the banks and their account holders.

Banks also need to mail notices of dormancy to account holders at their last known addresses through the postal mail or through couriers at least 60 days before the imposition of dormancy fees.

BUT based on personal experiences, many banks DO NOT inform their clients of their account dormancy.

Are all dormant accounts charged with Dormancy Fee?

No. Dormant accounts with balances equal or higher than the required maintaining balance should not be charged.
But ask your bank about their policy.

3/31/2012

Are there BPI correspondent banks in France?

By With No comments:
Yes, there are. The BPI correspondent banks in France are the following, including their Swift codes:


Bank of America, National Association  --  BOFAFRPP
Banque Populaire De La Cote D'azur  --  CCBPFRPPNCE
BNP Paribas  --  BNPAFRPP
Calyon  --  BSUIFRPP
Credit Agricole S.A.  --  AGRIFRPP
Credit Lyonnais  --  CRLYFRPP
ING Belgique S.A.  -- INGBFRPP
Monte Paschi Banque  --  MONTFRPP
Natixis  --  CCBPFRPP
The Bank of Tokyo-MitsubishiUFJ, LTD.  --  BOTKFRPX

The Swift code of BPI and BPI Family Bank is BOPIPHMM

A SWIFT code consists of 8 to 11 characters and is used to identify a bank in international wire transfers. Sometimes it's called bank identifier code (BIC) or wire transfer code.

SWIFT is an acronym for the Society for Worldwide Interbank Financial Telecommunication, headquartered in La Hulpe, Belgium, which handles registration and managements of the codes.

According to the BPI website, as of March 2012, the BPI charge for an incoming wire transfer is $6.50 for a dollar account or a dollar pickup and 150 pesos for a peso account or a peso pickup. Note also that the bank where you will make the wire transfer and any other bank that will process the transfer will charge you transfer fees. So it is best if you do the wire transfer with a BPI correspondent bank so you will be charged by only two banks -- the bank where you are making the transfer and BPI.

BPI correspondent banks in France

3/20/2012

How do we apply for the AFP/PNP Housing Projects of the NHA?

By With No comments:
Here are the documents that you need to submit to apply for a unit in one of the AFP/PNP housing projects of the NHA under the administration of President Benigno S. Aquino III:

 1. Accomplished Housing Application Form

2. Income document

One of the following:
- Employer’s Certificate of Compensation (original)
- BIR Certified Income Tax Return (original and photocopy)

3. Identification and Civil Status

Any ID issued by a government agency, plus one of the following:

- For Single Applicants
 Birth Certificate – from local civil registrar or from the NSO (certified copy and photocopy)

- For Married Applicants:
 Marriage Certificate – from local civil registrar or from NSO (certified copy and photocopy)

- For Separated Applicants
 a. Affidavit of Separation-in-fact – For applicants not legally separated or annulled (Original)

 Note: NHA may require additional documents from applicants

Where to submit application:

Submit your documents to the National Housing Authority at Elliptical Road, Diliman, 1100, Quezon City or to the Project Officer at the Project office of project site.

NATIONAL HOUSING AUTHORITY
Elliptical Road, Diliman, 1100, Quezon City
Trunkline: 928-4561 to 66
Website: nha.gov.ph

Community Relations Information and Operations Department
Telefax: 923-0405

President Benigno S. Aquino III ordered the National Housing Authority (NHA) to develop housing projects and build 20,000 homes for qualified members of the Armed Forces of the Philippines (AFP) and the Philippine National Police (PNP) through Administrative Order No. 9, dated April 11, 2011.

3/16/2012

Can a Voluntary Member Apply for an SSS Salary Loan?

By With No comments:
Yes, a voluntary member of SSS can apply for an SSS Salary Loan, as long as the member is eligible for a salary loan.

How can a member be eligible?

1.  The SSS member should be active at the time of filing the salary loan.
     Active means the member has paid SSS contributions for the previous months and these payments have been posted.

2.  The member should have paid at least 6 monthly contributions within the 12-month period prior to month of loan application.

3.  The member should have accumulated at least 36 monthly contribution payments since start of membership.

4.  The member should have no unpaid or delinquent salary loan.

These are the same rules for Employed, OFW, Self-Employed and Household-help members.


SSS Salary Application Form 

3/14/2012

Can I Use a BDO Debit Card to Verify Paypal?

By With No comments:
Question:
Can I use my BDO debit card to verify Paypal since there's a MasterCard logo on it?

Answer:
No, you cannot use a BDO debit card to verify a Paypal account even if the card has a MasterCard or Visa logo.

There was a time -- about two years ago -- when a BDO debit card can be used to verify Paypal, but it has been a couple of years since BDO stopped the verification capability. 

It is assumed that the MasterCard and Visa logos are there on the cards to signify that they can be used to withdraw at ATMs with these logos, and to pay for purchases at stores that accept MasterCard or Visa debit card payments.

3/13/2012

What is Semester of Contingency in SSS?

By With 154 comments:
What is SEMESTER OF CONTINGENCY 
                                           in the SSS Maternity Benefit Program?

A Semester refers to 6 consecutive months of the year, or 2 consecutive quarters of the year.
Contingency refers to the delivery of your baby.

The SSS rule on maternity benefit qualification is this:
A female member is qualified for the SSS maternity benefit if she has paid SSS contributions for at least 3 of the 12 months immediately BEFORE the SEMESTER OF CONTINGENCY.

There are 4 semesters of contingency:

Semester 1   -------  Jan Feb Mar Apr May Jun 
Semester 2   -------  Apr May Jun Jul Aug Sep
Semester 3   -------  Jul Aug Sep Oct Nov Dec
Semester 4  -------- Oct Nov Dec Jan Feb Mar

Look at the months in blue above.
In which blue month are you giving birth?
That Semester is your Semester of Contingency.

Example: You're giving birth in August.  Your Semester of Contingency is Semester 2 (Apr May Jun Jul Aug Sep), so the 12 months BEFORE your Semester of Contingency are April to March. Within this 12-month period of April to March, you should have paid at least 3 monthly contributions.

Last Yr   Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec
This Yr   Jan  Feb  Mar  Apr  May  Jun  Jul  AUG  Sep  Oct  Nov  Dec
Next Yr  Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec



Another example: You're giving birth in December. Your Semester of  Contingency is Semester 3 (Jul Aug Sep Oct Nov Dec). The PRIOR 12 months are July to June. Within this 12-month period of July to June, you should have paid at least 3 monthly contributions.

Last Yr   Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec
This Yr   Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  DEC
Next Yr  Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec



3rd Example:  You're giving birth in January next year.  Your Semester of Contingency is Semester 4 (Oct Nov Dec Jan Feb Mar), so the 12 months BEFORE your Semester of Contingency are October to September. Within this 12-month period from October to September, you should have paid at least 3 monthly contributions.

Last Yr   Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec
This Yr   Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec
Next Yr  JAN  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec


Note: Semester of Contingency is also used in claims for Disability, Sickness and Retirement Benefits.

Are you Eligible for the SSS Maternity Benefit?
SSS Membership -- Voluntary Members, Self-Employed Members
Philhealth Maternity Benefit

2/23/2012

What Banks in the Philippines Accept Remittance Deposits from Western Union and Moneygram?

By With No comments:
These are the banks in the Philippines that accept remittance deposits from Western Union and Moneygram. This means that the SENDER can SEND MONEY directly to any savings account or checking account in these banks thru Western Union and Moneygram.

For WESTERN UNION:
  • Banco de Oro (BDO)
  • Bank of the Philippine Islands (BPI)
  • Metropolitan Bank and Trust Co. (Metrobank)
  • Philippine National Bank (PNB)
  • Rizal Commercial Banking Corporation (RCBC)
  • United Coconut Planters Bank (UCPB)
  • Land Bank of the Philippines (LBP)
  • Allied Bank

For MONEYGRAM:

  • Allied Bank
  • Asia Trust
  • Asia United Bank
  • Banco De Oro
  • Bank of Commerce
  • Bank of the Philippine Islands
  • China Bank
  • Citibank
  • Development Bank of the Philippines
  • East-West Bank
  • HSBC
  • Land Bank
  • Maybank
  • Metrobank
  • Philippine National Bank
  • Planters Bank
  • Rizal Commercial Banking Corporation
  • Security Bank
  • Union Bank
  • United Coconut Planters Bank

Notes:

-- You can send money at an agent location, or you can send money via the Internet using your credit or debit account.

-- When sending, choose the option: Account Deposit

-- For recipients with BDO accounts, the better choice is Moneygram, since Moneygram is a remittance partner of BDO. Money transfer would be faster.

-- For frequent senders, you can create an account with Western Union or Moneygram, so you don't have to write the same remittance information for subsequent remittances.

-- Make sure the recipient's account name and account number are correct.

Banks in the Philippines that accept remittance deposits from Western Union and Moneygram

2/09/2012

Where Do We File PAG-IBIG Housing Loans in Metro Manila?

By With No comments:
You can file your PAG-IBIG Housing Loans in Metro Manila in the following PAG-IBIG branches and offices:

Bring completed application forms and documents and pay the NON-REFUNDABLE PARTIAL PROCESSING FEE of 1,000 pesos.

SHAW BOULEVARD MANDALUYONG BRANCH
JELP BUILDING (EMAR Suites)
409 Shaw Boulevard
Mandaluyong City
(From EDSA CROSSING,take a jeep going to Quiapo.
Bumaba lampas ng HYUNDAI/NISSAN, magkatabi sila, tapat ng FLYING V)

IMUS BRANCH
3rd Floor Olma Building
Emilio Aguinaldo Highway
Imus, Cavite

KAMIAS BRANCH
2nd Floor 795 Anchor Building
EDSA, Quezon City

ORTIGAS BRANCH

2nd Floor, 611 Westar Building
Shaw Boulevard, Pasig City

MANILA BRANCH
Ground Floor, Park n Ride Building
P. Burgos Avenue corner Dr. Basa St.
Ermita, Manila

PAG-IBIG HOTLINE: 724-42-44
Email: publicaffairs@pag-ibigfund.gov.ph

Here is a copy of the PAG-IBIG HOUSING LOAN APPLICATION FORM

Here is a List of Required Documents for Housing Loans with Buy-Back Agreement with Developers

Here is a List of Required Documents for Housing Loans Without Buy-Back Agreement with Developers

 Here is a List of Required Documents for Housing Loans to Buy Properties NOT from Developers

2/08/2012

What is the highest monthly SSS pension in the Philippines?

By With No comments:
As of March 2011, the highest monthly SSS pension in the Philippines is 23,588 pesos, according to the SSS report on SSS benefits given to beneficiaries for the period January to June 2011.

The lowest monthly SSS pension is 1,000 pesos and the average SSS monthly pension is 3,040 pesos.

There are 1,593,352 SSS pensioners in the Philippines as of March 2011.

1/16/2012

Can an OFW in Singapore Open an Account With Maybank Singapore?

By With No comments:
Yes, an OFW in Singapore can open an account with Maybank Singapore as long as he/she has his/her passport and employment pass or work permit.

Among the savings accounts offered to OFWs and foreigners are:

 iSAVvy Savings Account

Minimum initial deposit: S$10
Minimum average daily balance: S$500
Monthly service fee if minimum average daily balance is not maintained: S$2 

iSAVvy Savings Plus Account
Minimum initial deposit: S$500 for foreigners

Privilege Plus Savings Account
Offered to: People 50 years old or older
Minimum initial deposit: S$500 for foreigners

An OFW in Singapore can open an account in Maybank Singapore.
Requirements
- Passport
- Work permit or employment pass
- Cash for initial deposit