If your SSS membership type is OFW, Self-Employed, Voluntary, Separated, or Non-Working Spouse, you will now receive your SSS sickness benefit, SSS maternity benefit or Employees' Compensation benefit through your bank account.

This is called the SMEC-PB program, which means Sickness, Maternity and Employees' Compensation Payment thru the Bank.

The initial name of this program was SSS Sickness & Maternity Benefits Payment Through the Bank (SMB-PB) program.

You will receive your benefit through your bank account with any of the following Philippine banks. It can be a savings account or a checking account.

These are the banks accredited for the SMEC-PB program or SMB-PB:
     
Al-Amanah Islamic Investment Bank of the Philippines
Asia United Bank (AUB)
Bank of Commerce (BCommerce)
Bank of the Philippine Islands (BPI)
BDO Unibank Inc.
   formerly Banco de Oro Unibank Inc.
BDO Network Bank, formerly called One Network Bank
Century Savings Bank
China Banking Corp. (ChinaBank)
CityState Savings Bank Inc.
Country Builders Bank Inc.
Country Rural Bank of Taguig Inc.
CTBC Bank Corp.
    formerly Chinatrust Banking Corp.
Development Bank of the Philippines (DBP)
East West Bank
First Consolidated Bank
Guagua Rural Bank
Innovative Bank
Land Bank of the Philippines (Landbank)
Maybank Philippines Inc.
Merchant Savings Bank
Metropolitan Bank and Trust Co. (Metrobank)
Philippine Bank of Communications (PBCom)
Philippine Business Bank
Philippine National Bank (PNB)
Philippine Postal Savings Bank
    now Overseas Filipino Bank
Philippine Savings Bank (PSBank)
Philippine Trust Co. (Philtrust)
Philippine Veterans Bank (Veterans Bank)
PNB Savings Bank
    formerly Allied Banking Corp.
Postbank Savings Bank
Rizal Commercial Banking Corp. (RCBC)
RCBC Savings Bank Inc.
Rural Bank of Pililla (Rizal) Inc.
Security Bank (SB)
Standard Chartered Bank
Union Bank of the Philippines (UnionBank)
United Coconut Planters Bank (UCPB)

Does SSS accept cash cards or prepaid cards?
Yes, but get a cash card or prepaid card that can contain up to 100,000 pesos.
The generic BDO cash card can contain only up to 10,000 pesos at a time.
Kung 41,600 pesos ang maternity benefit mo, hindi makakapasok ang benefit sa BDO Cash Card mo.

Puede ang UMID card:
You  can also use your SSS UMID card as your ATM card, but you need first to activate your UMID card at Union Bank kiosks at SSS branches in:

Diliman
Manila
Buendia
Pioneer
Baguio
Cebu
Davao

What do I present to the bank so that they won't require me to make an initial deposit of 2,000 or 3,000 pesos?
Present a Letter of Introduction (LOI) from SSS. Request for an LOI from SSS. Bring your SSS acknowledgment slip, benefit claim slip, or any proof that you will be receiving a sickness or maternity benefit from SSS.

I already have an existing ATM account. Can I use it to receive my sickness or maternity benefit?
Yes.
It's when you claim your pension that SSS requires a separate bank account.

Which banks offer the lowest amount of initial deposit and maintaining-balance requirement?
Kaya Savings account -- no maintaining balance -- 250 pesos initial deposit plus atm card fee -- offered by BPI or BPI Family
Easi-Save Basic account -- no maintaining balance -- 100 pesos opening fee -- offered by China Savings Bank
ATM Savings account -- 500 pesos initial deposit and maintaining balance -- offered by Landbank
Express Teller Savings account -- 1,000 pesos initial deposit and maintaining balance -- offered by BPI Family

If you're near these rural banks, their maintaining-balance requirements are lesser than the commercial or thrift banks:
BDO Network Bank
Country Rural Bank of Taguig
Guagua Rural Bank
Rural Bank of Pililla

Here's the enrollment portion of the Maternity Benefit Application form
                        for individual members (not employees)

MATERNITY BENEFIT APPLICATION

(FOR SELF-EMPLOYED/VOLUNTARY MEMBER OR MEMBER SEPARATED FROM EMPLOYMENT)


B. MEMBER'S ENROLLMENT IN THE PAYMENT THRU THE BANK (if not yet enrolled)


BANK NAME AND BRANCH ________________________________
BANK BRANCH ADDRESS__________________________________ZIP CODE
BANK ACCOUNT NAME____________________________________
BANK ACCOUNT NUMBER
__________________
               SAVINGS/CURRENT ACCOUNT               UMID ATM ACCOUNT
CASH CARD VALID UNTIL____

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