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