tag:blogger.com,1999:blog-80108460842512677522024-03-24T22:38:43.919+08:00PhilippinesQAInformation about things in the Philippines in question and answer formNorahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.comBlogger87125tag:blogger.com,1999:blog-8010846084251267752.post-62860957186104621652023-07-13T10:15:00.000+08:002023-07-13T10:15:30.058+08:00Is there a Bank of America Philippines website?<p>Unfortunately, there is no <b>Bank of America Philippines website</b>. </p><p>There's no website focused on the Philippine operations of Bank of America (BOFA). There's not even a webpage on the US-based BOFA website that provides contact information for BOFA in the Philippines.</p><p><br /></p><h3 style="text-align: left;">The <a href="https://www.bsp.gov.ph/SitePages/FinancialStability/DirBanksFIList.aspx" target="_blank">BSP website</a> provides contact information for Bank of America Philippines.</h3><div style="text-align: left;">Unit 1001, 10th Floor, Ecoprime Tower<br />32nd Street corner 9th Avenue, Bonifacio Global City<br />Taguig City, 1634 Metro Manila</div><p>This is their only office here in the Philippines.</p><p>Phone No.: +63288155000<span style="white-space: pre;"> </span></p><p>The country manager is Mr. Vincent Noel P. Valdepenas</p><p>and his BOFA email address is vincent.valdepenas@bofa.com.</p><p><br /></p><h3 style="text-align: left;">Bank of America in the Philippines does only banking for corporations and institutions.</h3><div><b>This means it does not offer open banking counters for retail customers</b>. It does not operate an ATM that the general public can use.</div><div><br /></div><div>Its banking services in the Philippines are only these:</div><div>Foreign Exchange</div><div>Cash Management</div><div>Trade Finance</div><div>Investment Banking Advisory services</div><div>International Debt and Equity Capital Markets</div><div>Fixed Income Markets</div><div>Funding and Leasing</div><div><br /></div><div>If you just arrived from the USA, and you forgot your debit card or you lost it or damaged it, call Bank of America in the US.</div><div><br />Call International Collect if you're using a landline, </div><div>or you can use <b>Viber</b> from your phone to call the bank. It's much cheaper than regular phone calls. Use Viber Out. You can pay 96 pesos for unlimited calls for one month. You can download Viber from Google Play Store or Apple Store.</div><div><br /></div><div><br /></div><h3 style="text-align: left;">Call Bank of America from the Philippines:</h3><div><b>+1-315-724-4022</b></div><p>Mon–Fri 8 am-11 pm ET</p><p>Sat–Sun 8 am-8 p.m ET</p><p>From the Philippines, call at night, from 8pm to 11am Mon to Fri, 8pm to 8am, Sat and Sun</p><p>Automated support is available 24/7.</p><p>For Lost or stolen credit or debit card:</p><p>Notify BOFA immediately by signing on to your Online Banking or calling BOFA:</p><p>For credit card issues: 1.757.677.4701</p><p>For debit card issues: 1.315.724.4022</p><p>Mon–Fri 7 am-10 pm or Sat–Sun 8 am-5 pm All times ET.</p><p>Call at night, from 7pm to 10am Mon to Fri, 8pm to 5am, Sat and Sun</p><p><br /></p><h3 style="text-align: left;">Where is Bank of America Makati?</h3><p>BOFA Makati has moved to the address above, to BGC in Taguig City.</p><p>I've written about Bank of America in my other website: <b><a href="https://www.banksphilippines.com/2018/02/bank-of-america-philippines.html" target="_blank">BOFA in the Philippines</a></b></p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0Philippines12.879721 121.774017-15.430512836178846 86.617767 41.189954836178842 156.93026700000001tag:blogger.com,1999:blog-8010846084251267752.post-34991822623544147342023-01-16T10:06:00.005+08:002023-01-16T14:13:02.752+08:00Maintaining Balance Penalty of More Than 15K Pesos!<h3 style="text-align: left;">Not Informed About My 15,000 Pesos Maintaining Balance Penalty: Should I Report to BSP?</h3><div>Not yet. You must first visit your bank, and ask what happened to your payments and account, so you and your bank can resolve your concern. There might just have been some misunderstanding or errors that can be easily corrected. This will save you time, effort and stress.</div><div><br /></div><div>It's only when your bank does not help you with your concern that <b><a href="https://www.bsp.gov.ph/Pages/InclusiveFinance/ConsumerAssistanceChannelsChatbot.aspx" target="_blank">you ask assistance from the BSP</a></b>. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWvpzBod3o4at2ld6BmERtTB6e6MoCXreW-B0103QmM7cRRaXUthMukipCCHcUen7Ei7ONV9lsbTbMeml8u46icG6fWKeeFoWrbENdC0YHx2WGXoieHHZgRqcNxABDeVrrDffyeCcOcIljV5TCPKpPRuaeqe9iMwJyY97QjHgbMGfeIj1K0COEQqpwJA/s350/woman-below%20maintaining%20balance%20penalty.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="319" data-original-width="350" height="292" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWvpzBod3o4at2ld6BmERtTB6e6MoCXreW-B0103QmM7cRRaXUthMukipCCHcUen7Ei7ONV9lsbTbMeml8u46icG6fWKeeFoWrbENdC0YHx2WGXoieHHZgRqcNxABDeVrrDffyeCcOcIljV5TCPKpPRuaeqe9iMwJyY97QjHgbMGfeIj1K0COEQqpwJA/s320/woman-below%20maintaining%20balance%20penalty.jpg" width="320" /></a></div><br /><div>Ito yong tanong ng sumulat sa akin sa blog ko na banksphilippines.com:</div><div><br /><div style="border: 2px solid black; padding: 10px;"><p>Hi po, ask ko lang paano yung aking auto debit account. 5 years na po ako naghuhulog doon sa home loan ko until malaman ko last month na monthly pala ako kinakaltasan ng 300 dahil below maintaining balance daw ako. Hanggang sa nabawasan ng nabawasan yong hinuhulog ko monthly at nagkulang na sya at umabot 15K+. Pero wala naman ako palya sa paghulog. Di ko namonitor account ko pero di din naman ako ininform ng bank. Tama ba ginawa nila?</p><p>Aware po ako sa charges pag nag below maintaining balance ako. Pero pano nga po ako magbebelow maintaining balance e puro papasok lang po pera sa account ko, di po ako nagwiwidraw. At upon opening, may initial deposit yun at maintaining balance. Sa loob ng 5 years di ako ininform ng bank. Ngayon lang na umabot na ng 15K ang kulang sa hulog ko, meaning every month ang kaltas nila ng 300 and meaning every month nagiging kulang hulog ko. Pwede po ba ako magreklamo sa BSP?</p></div></div><div><br /></div>
Ang unang reaksiyon ko pagkabasa ko ng problem is bakit kaya hindi na-monitor ni Mister Account Owner ang kanyang account ng within 5 years? Tinanong ko siya, at sabi niya ATM ang kanyang account, at never daw siyang nagwidro at never daw siyang pumalya sa pagbayad sa kanyang home loan. Wala rin daw siyang online o mobile banking. <div><br /></div><div>Nanghingi raw siya ng statement of account, pero hindi raw mabigay-bigay sa kanya. </div><div><br /></div><div>I advised him to register for online banking, so he can check his payments and penalties.</div><div><br /></div><div>Meanwhile, I checked out the <b><a href="https://www.bsp.gov.ph/Regulations/MORB/2020MORB.pdf" target="_blank">BSP Manual of Regulations for Banks</a></b> <b>(MORB) </b>for regulations requiring banks to inform account owners. </div><div><b><br /></b></div><h3 style="text-align: left;"><b>Is your bank required to notify you if you have been charged with Below-Balance Maintaining Balance Penalty?</b></h3><div>No, based on the BSP Manual of Regulations for Banks (MORB). The bank is required to notify you individually ONLY if the following 2 situations arise: </div><div><ul style="text-align: left;"><li>1. if there's a change in the required Minimum Monthly Average Daily Balance (MADB) and </li><li>2. if the change will result in the deduction of fees or penalties in your account </li></ul></div><div>This means that if you are charged with below-maintaining-balance penalty, at the rate or amount when you opened your account, your bank is not required by the BSP to notify you. This is because you have been informed about the Below-Maintaining Balance Penalty when you opened your account via the Terms and Conditions document that you signed. </div><div><br /></div><div>It does not matter if the bank officer who assisted you failed to warn you or explain to you the maintaining balance requirement.</div><div><br /></div><h3 style="text-align: left;">What Information Are Banks Required to Provide to Account Owners Upon Account Opening?</h3><div> All important information regarding your account is provided in the <b>Terms and Conditions document</b> signed by You as Customer upon account opening.</div><div><br /></div><div>Some new-account officers explain to you or warn you about the conditions most often violated, but some others do not have time or they forget. But if you will sign the <b>Terms and Conditions document</b>, it means you will agree to all that's in the document.</div><div> </div><div>There are a lot of subjects covered in the Terms and Conditions, but the most important things to know and remember are the following:</div><div><ul style="text-align: left;"><li>Penalty is imposed if you close your account within 30 days from account opening date. Your bank may hold your initial deposit for this purpose.</li><li>Service charge is imposed on your account if it falls below the Monthly Average Daily Balance for 2 consecutive months.</li><li>Your savings account becomes dormant after 2 years of no deposit or withdrawal. One year for current account.</li><li>You shall update the bank if you've changed your postal address, email address, phone number, surname, and other information related to your account.</li><li>Your bank may close your account without prior notice, if you commit a fraud involving your account.</li><li>Your bank may close your account if your account balance becomes zero.</li></ul></div><h3 style="text-align: left;">What Happened to the 15,000-Peso Maintaining Balance Problem of Mister Account Owner? </h3><div>It's good that Mister Account Owner agreed with my advice and he registered for his online banking. So he was able to check his savings and home loan accounts. He saw that on his 4th year of paying monthly his home loan amortization, there was one amortization he failed to pay. </div><div><br /></div><div>This meant that the amount of 15k pesos was not all below-maintaining balance penalties. They were penalties and one month of home loan amortization.</div><div><br /></div><div>He accepted what happened and he paid the one-month amortization and the penalties. He told me he's now going to monitor his account regularly through online banking.</div><div><br /></div><div><b>References:</b></div><div>"Fees on Retail Bank Products/Services." Manual of Regulations for Banks Part Two. No. 263. Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph/Regulations/MORB/2020MORB.pdf</div><div><br /></div><div>Metrobank Deposit Terms and Conditions. https://web-assets.metrobank.com.ph/1624586882-deposit-terms-and-conditions-as-of-6-25-2021.pdf </div><div><br /></div><div>You might want to read:</div><div><b><a href=" https://www.philippinesqa.com/2016/04/below-maintaining-balance-penalty-bdo.html" target="_blank">BDO Maintaining Balance Penalty</a></b></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-65830821078484327622023-01-12T15:58:00.001+08:002023-01-17T05:45:35.003+08:00How to Transfer Ownership of a Car After Death (Philippines)<p>Kung ang pamilya natin ang merong death, masakit sa dibdib ang mag-research online on <b>how to transfer ownership of a car after death</b>. <br /></p><p>But we have to go through the process even with the pain. </p><p>We have to do it for the sake of other family members.</p><p>In the Philippines, it's easy to transfer car ownership if the owner is alive. If the owner is selling the car, he'll just sign a Deed of Sale, notarize it, and let the buyer go to LTO, submit LTO Transfer of Ownership Requirements with correct Vehicle Ownership Details, and pay the fees.</p><p>If the car has no violation, the transfer of ownership can be done within a few hours. <br /></p><p>But if the car owner has passed away, the transfer process is more difficult and takes more than a month.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaaiJNPr8YPBD1XNHn2tyb2vNO-j3KbX0HJq3CaLPFcq0TiP9FWv-b0tITg23EULfs6sfvAkZS5Mkw-1_onBBz3pbWdZQJBy7ULjiaKcIwb7yiNenfe8AEZNqps0opxqh3bGOGOk8OStTCDe6Je67gUY53hrbujHb7ARSdkeO3pAXRQcRTChGHeHFLqg/s330/transfer%20ownership%20of%20car.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="221" data-original-width="330" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaaiJNPr8YPBD1XNHn2tyb2vNO-j3KbX0HJq3CaLPFcq0TiP9FWv-b0tITg23EULfs6sfvAkZS5Mkw-1_onBBz3pbWdZQJBy7ULjiaKcIwb7yiNenfe8AEZNqps0opxqh3bGOGOk8OStTCDe6Je67gUY53hrbujHb7ARSdkeO3pAXRQcRTChGHeHFLqg/s320/transfer%20ownership%20of%20car.jpg" width="320" /></a></div><br /><h4 style="text-align: left;">Here is a list of LTO's List of Requirements to Transfer Ownership of a Car After Death:</h4><ol style="text-align: left;"><li>Original Certificate of Registration (CR) and latest Official Receipt (OR) of Motor Vehicle User's Charge (MVUC) and other fees</li><li> Deed of Extra Judicial Settlement of Estate in case the deceased is survived by 2 or more heirs or Affidavit of Sole Adjudication in case the deceased is survived by only 1 heir</li><li> Proof of Publication of the Deed in any newspaper of general circulation 3 times for 3 consecutive weeks</li><li>Death Certificate, Marriage Contract, and/or Birth Certificate, as applicable</li><li> Original PNP/HPG Motor Vehicle Clearance Certificate and Macro-etching Report</li><li> Motor Vehicle Inspection Report (MVIR)</li><li> Appropriate Insurance Certificate of Cover (COC)</li><li> Certificate of Emission Compliance (CEC)</li><li>Photocopy of IDs of all persons involved (one ID on one bond paper with 3 signatures)</li><li>Authorization letter from the new owner, authorizing the person who will process the transfer (just in case iba ang maglalakad ng transfer)</li><li>Photocopy of ID of the person processing the transfer (just in case hindi yong new owner ang maglalakad)</li><li>Photocopy of death certificate, marriage contract, and/or birth certificate, as applicable</li><li><span style="color: red;">XXX </span>Proof of Recording of the Deed in the Registry of Deeds of the locality where the deceased resided (<span style="color: red;">Nakalista ito sa List of Requirements sa LTO website, pero hindi na ito kelangan; required lang ito sa mortgage chattel at real estate property</span>)</li></ol><p>Yong Requirements No. 5, 6, 7, 8, sa LTO mo na kukunin. </p><p><b>Reminder!!!</b> Kapag gusto niong magsabay na ang transfer at registration renewal, buy the insurance certificate only after the transfer of ownership has been done. Para yong insurance ay under the name of the new owner. </p><h3 style="text-align: left;"><b>Teka muna, ano ba yong No. 2? Yong Deed of </b>Deed of Extra Judicial Settlement of Estate or Affidavit of Sole Adjudication</h3><div>Ang <b>Deed of Extra Judicial Settlement of Estate</b> ay isang document na kung saan ipapahayag ng two or more persons na sila ang mga tagapagmana ng taong pumanaw na. Ipapahayag din nila kung anu-ano ang mga properties na pag-aari ng pumanaw na at kung paano nila paghati-hatian ang mana nila. Ibebenta ba? Ido-donate ba? </div><div><br /></div><div>Meron bang magwe-waiver of rights? Yong hindi na kukunin ang share nia at ibibigay na lang sa ibang tagapagmana.</div><div><br /></div><div>Itong <b>Deed of Extra Judicial Settlement of Estate </b>ay ginagawa sa labas ng korte. Ito ay pag-uusap ng mga tagapagmana para hindi na kelangang magpunta sa korte at para maiwasan ang malaking gastos at mahabang panahon ng pakikipaglaban. </div><div><br /></div><div>Kung malalaki ang value ng properties at iba-ibang klase ng properties, mas mabuti na merong lawyer na mag-advise at gumawa ng Deed. Pero kung isang property lang, katulad ng isang sasakyan lang, puede nang kayo ang gumawa at ipa-notarize lang. Make sure lang na andoon lahat sa Deed ang mga important details. Merong <a href="https://www.philippinesqa.com/2022/10/sample-deed-of-extrajudicial-settlement.html" target="_blank">Sample of Deed of Extra Judicial Settlement of Estate (Motor Vehicle) with Waiver of Rights dito</a>.</div><h3 style="text-align: left;">What is Requirement No. 3? Proof of Publication of the Deed of Extrajudicial Settlement of Estate</h3><p>Ito ay affidavit or certificate galing sa newspaper publisher na nagpapatunay na ang iyong Deed of Extrajudicial Settlement of Estate ay na-publish sa kanila 3 times (one day per week for 3 consecutive weeks). Meron akong <a href="https://www.philippinesqa.com/2022/10/sample-deed-of-extrajudicial-settlement.html" target="_blank">sample Deed dito</a>. </p><p>Gawin mo yong Deed of Extrajudicial Settlement mo, then pa-notarize mo, then maghanap ka ng newspaper of general circulation na magpa-publish ng Deed mo. Dapat ma-publish 3 times (one day per week sa 3 na magkakasunod na weeks). </p><p>You won't publish the whole Deed. It will be too expensive. You will just publish important information. Usually, alam na ng publisher yong mga important details to be published, like the type and brand of vehicle, name of registered owner (yong deceased) and plate number. It will be published in the Classified Ads section. Ask for the cheapest column ad.<br /></p><p>Since this is a car ownership transfer, the vehicle brand, model, plate number and deceased owner's name must be included. Kasi titingnan ng LTO kung mag-match ang mga information. <br /></p><p>Ganito ang kalimitang itsura ng published ad or post:</p><p style="border: 3px solid black; font-family: Verdana; font-size: 14px; padding: 10px; width: 80%;">
<b>EXTRAJUDICIAL </b><b>SETTLEMENT</b></p><p style="border: 3px solid black; font-family: Verdana; font-size: 14px; padding: 10px; width: 80%;">Notice is hereby given that the estate <br />(MOTOR VEHICLE: Toyota Fortuner 4x2 <br />Sport Utility Vehicle, 2013 Model,<br />Plate No. AAA 000) of the late JOHNNY<br />MANDELA CRUZ has been extrajudicially<br />settled with WAIVER OF RIGHTS among<br />heirs as per Doc. No. 483; Page No. <br />87;Book No. 154; Series of 2022;<br />before ATTY. MARIANO PARE LOPEZ,<br />Notary Public.</p><p><br /></p><h3 style="text-align: left;"><b>What does the newspaper need in order to publish your Deed?</b></h3><p style="text-align: left;">1. A copy of your Deed of Extrajudicial Settlement of Estate<b>. </b>Should be Notarized.<b><br /></b></p><p style="text-align: left;">2. Your payment<b> </b>for the publication.<b> </b></p><div style="text-align: left;"><p style="text-align: left;">Find a newspaper that charges the lowest rate. It must be a newspaper of general circulation, which means ito ay printed publication, merong subscribers, hindi siya Internet-only newspaper, at hindi siya para sa isang grupo lang. Hindi puede ang church newspaper na para sa isang church lang, or school newspaper na para sa school lang, or association newspaper na para sa asosasyon lang.<b><br /></b></p><p style="text-align: left;">Kung hindi kayo makapunta sa newspaper office para ma-pick-up yong Proof of Publication, ask if the publisher allows pick-up of the document by Grab or LalaMove, and ask if you need to call before the rider picks up the Proof.</p><p style="text-align: left;">Merong list of 2 <b><a href=" https://www.philippinesqa.com/2022/10/sample-deed-of-extrajudicial-settlement.html" target="_blank">newspapers of general circulation dito</a></b>.</p><h3 style="text-align: left;">What are the other kinds of Deeds related to Settlement of Estate?</h3></div><div>Merong <b>Affidavit of Self-Adjudication. </b>Ito ay ginagawa kapag isa lang ang tagapagmana. Yong nag-iisang tagapagmana, ipapahayag nia na siya lang ang tagapagmana ng property o properties ng taong pumanaw na.</div><p>Yong title na "Deed of Extra Judicial Settlement of Estate" ay dudugtungan ng "With Absolute Deed of Sale" kung isasabay na sa Settlement yong pagbenta ng mana. </p><p>Yong iba naman "With Donation" kung ipapamigay yong mana sa iba. </p><p>Yong iba "With Waiver of Rights" kung isa o iba pa ay hindi na sasali sa hatian at iwawaksi na nila ang kanilang karapatang magmana sa property o properties.</p><p>Puede ring combination, kagaya ng "With Deed of Absolute Sale and Waiver of Rights."</p><p><br /></p><h4 style="text-align: left;">Tip for Faster Processing at LTO</h4><div>Mag-process ka ng transfer of car ownership sa branch ng LTO kung saan na-register yong sasakyan na itina-transfer mo. Kung sa ibang branch kasi, ive-verify muna nila yong registration sa branch kung saan originally registered yong sasakyan. It will take 2 or more days.</div><div><br /></div><div>Pero siempre kung malayo ang original place of registration, at hindi na practical pumunta doon, mag-process ka na lang ng transfer sa branch nearest your residence.</div><div><br /></div><div>One more!!! hehehe para dito sa <b>How to Transfer Ownership of a Car After Death --</b> Kung merong senior citizen na involved sa transfer of car ownership, o anak niya or asawa niya ang isa doon sa involved, at very healthy and active, isama mo, para siya ang pipila, or siya na ang maglakad ng papel, kasi nasa priority line ang mga senior citizens.</div><div><br /></div><div>Pero siempre maigi pa rin ang pumunta doon nang maaga, kasi baka puro senior citizens naman ang nakapila.</div>
Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-70348875189653294012022-12-06T06:33:00.000+08:002022-12-06T06:33:36.779+08:00SSS Forms -- Download Here<p>Mada-download ang karamihan ng SSS Forms sa website ng SSS sss.gov.ph, pero meron pa ring nag-re-request ng SSS Forms sa aking old blogs, kaya eto ang mga SSS Forms.</p><p>Inilagay ko ang SSS Forms sa Google Drive. I-click nio lang ang link para doon nio i-download ang mga forms.</p><p><b>MATERNITY BENEFIT FORMS</b></p><p><a href="https://drive.google.com/file/d/1hzu1HzZaSIntcHJ-UKxQJVHv5s0-AMKM/view?usp=share_link" target="_blank">SSS Maternity Notification</a></p><p><a href="https://drive.google.com/file/d/1UNKIxUemnZe-dM82rWGxoOIwpda9-Agw/view?usp=sharing" target="_blank">SSS Maternity Benefit Application</a> for Self-Employed, Voluntary Members and Members Separated from Employment</p><p><a href="https://drive.google.com/file/d/1N8mc-itqpHZcDNFkDnOsJtJfIoJyLLnX/view?usp=share_link" target="_blank">SSS Maternity Benefit Reimbursement</a> for Employed Members</p><p><a href="https://drive.google.com/file/d/1EG9_TlHWDyOrv1MEQNje2I48IG3Cp3cU/view?usp=share_link" target="_blank">SSS Allocation of Maternity Leave Credits</a></p><p><a href="https://drive.google.com/file/d/19liCx2kEmBUbEx-vmzLWz-RkfgZqcf9v/view?usp=share_link" target="_blank">Affidavit of Undertaking</a> - English</p><p>Gagamitin mo itong form na ito kapag Separated Member ka at hindi mo makuha ang Certificate of Separation and Non-Advance Payment of Maternity Benefit na dapat kunin mo sa dati mong employer.</p><p>Required itong Certificate of Separation kapag ang gap ng Date of Separation mo at Date of Delivery or Miscarriage mo ay less than 6 months. O kapag nanganak o makunan ka na wala pang 6 months mula noong last day mo sa work (Date of Separation). </p><p>Importante na nakalagay sa Certificate of Separation ang Date of Separation at certification na hindi nila naibigay ang advance benefit mo sa iyo.</p><p><a href="https://drive.google.com/file/d/133wAhbwnU4cRY3TYw6ZYMqMjhXBRitLf/view?usp=share_link" target="_blank">Affidavit of Undertaking</a> - Tagalog</p><p><a href="https://drive.google.com/file/d/1d0Jf90dKOFiQFnCJgsy1xdFK1UljnFB-/view?usp=share_link" target="_blank">Affidavit of Undertaking</a> - Bisaya</p><p><a href="https://drive.google.com/file/d/1d5f6pTqiEb1Ke0aeCYu46vCjE7UmMPOZ/view?usp=share_link" target="_blank">Transmittal List for Maternity Benefit Application</a> (Self-Employed, Voluntary Member, Separated Member)</p><p><a href="https://drive.google.com/file/d/1lG42f4lOs3LlV6iB0F8s0Ik3_K730a1u/view?usp=share_link" target="_blank">Transmittal List for Maternity Benefit Reimbursement</a> (Employer)</p><p><a href="https://drive.google.com/file/d/1tsXpK9sog93v5cloy7qxrcH8mw6DfXPu/view?usp=share_link" target="_blank">Obstetrical History Form</a></p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-21000242286066500052022-10-23T09:23:00.002+08:002023-01-12T18:04:06.799+08:00Sample Deed of Extrajudicial Settlement of Estate (Motor Vehicle) with Waiver of Rights<p></p><p class="MsoNormal" style="line-height: normal;"><span face=""Arial",sans-serif" style="font-size: 12pt;"><span style="font-family: arial;">This Sample <b>Deed of Extrajudicial Settlement of Estate (Motor Vehicle) with Waiver of Rights</b> is done when there are two or more heirs, and one or more heirs are waiving their rights to the motor vehicle in favor of the other heirs.</span><span style="mso-spacerun: yes;"><span style="font-family: helvetica;"><span style="font-family: arial;"> </span> </span> </span></span></p><p class="MsoNormal" style="line-height: normal;"><span face=""Arial",sans-serif" style="font-size: 12pt;"><span style="mso-spacerun: yes;"><span style="background-color: #ffe599;"><span style="font-family: arial;"><b>Saan ginagamit itong document na ito? Isa ito sa mga requirements ng LTO kapag ita-transfer ang ownership ng motor vehicle mula sa owner na pumanaw na.</b></span></span></span></span><b style="font-size: 12pt;"> </b></p><h2 style="line-height: normal; text-align: left;"><span style="font-family: helvetica;"><b> <span face=""Arial",sans-serif" style="font-size: 12pt;"> DEED OF EXTRAJUDICIAL SETTLEMENT OF <br /></span></b></span><span style="font-family: helvetica;"><b><span face=""Arial",sans-serif" style="font-size: 12pt;"> ESTATE (MOTOR
VEHICLE)<span style="mso-spacerun: yes;"> </span>WITH WAIVER OF RIGHTS</span></b></span></h2><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">KNOW ALL MEN BY THESE PRESENTS:</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span>This
AGREEMENT made and entered into this 15th day of October 2022 by and between:</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">MARIA LOPEZ CRUZ, of legal age, Filipino, widow, and with
residence and postal address at Block 2 Lot 15 Masinop St, Adella Homes Phase 1, Santa Lucia, Novaliches, Quezon City, Metro Manila, 1117</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">;</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;">
</span>and </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">SHANNON CRUZ SY, of legal age, Filipino, married, and
with residence and postal address at the same above address, </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Block 2 Lot 15 Masinop St, Adella Homes Phase 1, Santa Lucia, Novaliches, Quezon City, Metro Manila, 1</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">117;</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span> </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> WITNESSETH:</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span>THAT we, </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">MARIA LOPEZ CRUZ</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> and </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">SHANNON CRUZ SY</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">, respectively the wife and the only
child of deceased JOHNNY MARANI CRUZ, are the sole heirs of said deceased who
died on March 9, 2021 in Pasig City; copies of his death certificate, our
marriage certificate and our daughter’s birth certificate are hereto attached; </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span>THAT said
deceased died without any will or testament and without any outstanding debts
in favor of any person or entity;</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> <span style="mso-spacerun: yes;"> </span> </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> THAT said
deceased, at the time of his death, is the registered owner of one motor
vehicle, purchased and registered in Caloocan City and presently being used
from,<span style="mso-spacerun: yes;"> </span>around, and to Quezon City, and
more particularly described as follows: </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Make/Series/Body Type:<span style="mso-spacerun: yes;">
</span>Toyota Fortuner 4x2 Sport Utility Vehicle</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Year Model:<span style="mso-spacerun: yes;"> </span>2014 </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Plate No.:<span style="mso-spacerun: yes;"> </span>VVV 000</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Color: Dark Steel Mica</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Fuel: Diesel</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Chassis No.: MHFXRXXG703046XXX<span style="mso-spacerun: yes;"> </span></span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Engine No.: 2XDUXX6927</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">CR No.: X790XX89-5</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> <span style="mso-spacerun: yes;"> </span>THAT we, being
with full capacity to execute an extrajudicial settlement for the motor vehicle
described above, we do hereby agree between ourselves that I, </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">MARIA LOPEZ CRUZ</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">, waive and renounce all my rights to the motor vehicle described above in
favor of </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">SHANNON CRUZ SY</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">, thereby enabling the process of the transfer of
ownership of said motor vehicle from deceased </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">JOHNNY MARANI CRUZ</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> to </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">SHANNON CRUZ SY</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">.</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span>IN WITNESSS
WHEREOF, we have hereunto signed this AGREEMENT, this 15th day of October 2022 in QUEZON CITY, Philippines.</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;">
</span>THE SOLE HEIRS OF </span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">JOHNNY MARANI CRUZ</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">:</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">MARIA LOPEZ CRUZ</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">SHANNON CRUZ SY</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><b><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;">
</span>ACKNOWLEDGMENT</span></b></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Republic of the Philippines)</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Quezon City<span style="mso-spacerun: yes;"> </span>) S.S. </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">BEFORE ME, a Notary Public, for and in Quezon City,
this 15th<sup> </sup>day of October 2022 personally appeared:</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;">
</span>Name<span style="mso-spacerun: yes;">
</span>Identification Card<span style="mso-spacerun: yes;"> </span></span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">MARIA LOPEZ CRUZ</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span>SSS CRN No.
0000-0000090-0</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">SHANNON CRUZ SY</span><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span>Driver’s License No.N26-00-020050 </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;">
</span>valid until 5/15/2032<span style="mso-spacerun: yes;"> </span><span style="mso-spacerun: yes;"> </span></span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">all known to me to be the same persons who executed the
foregoing instrument and hereby acknowledged to me that the same is their free
and voluntary act and deed.</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span></span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;"> </span>This instrument
consisting of two (2) pages, including this page on which this acknowledgment
is written refers to an EXTRAJUDICIAL SETTLEMENT OF ESTATE (MOTOR VEHICLE) WITH
WAIVER OF RIGHTS and has been signed by the parties and sealed with my notarial
seal.</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><span style="mso-spacerun: yes;">
</span>WITNESS MY HAND AND NOTARIAL SEAL.</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"> </span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Doc. No. ____</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Page No. ____</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Book No. ____</span></span></p><span style="font-family: helvetica;">
</span><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Series of XXXX.</span></span></p><h3 class="MsoNormal" style="text-align: left;"> </h3><h3 class="MsoNormal" style="text-align: left;"></h3><h3 class="MsoNormal" style="text-align: left;"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Anong Purpose ng Deed of Extrajudicial Settlement of Estate (Motor Vehicle)? <br /></span></span></h3><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Itong Deed of Extrajudicial Settlement of Estate (Motor Vehicle) ay isa sa mga documents na kelangan kung gusto ninyong i-transfer ang ownership ng sasakyan mula sa pangalan ng owner na pumanaw na at i-transfer sa pangalan ng tagapagmana or new owner.</span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Kung ibebenta ang sasakyan, puede na ring isabay ang Deed ng pagbenta dito sa Deed of Extrajudicial Settlement. Idagdag lang ang "with Deed of Sale" sa title ng document. Magiging <b>"Deed of Extrajudicial Settlement of Estate (Motor Vehicle) with Deed of Absolute Sale."</b> </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Ang "Waiver of Rights" ay idagdag din sa title kung merong tagapagmana na hindi na kukunin ang kanyang parte sa sasakyan at ibigay na lang sa mga ibang tagapagmana. </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Dito mo tingnan ang ibang<b><a href="https://www.philippinesqa.com/2022/10/how-to-transfer-ownership-of-a-car-after-death.html" target="_blank"> documents and steps to transfer ownership of a motor vehicle after the owner's death.</a></b></span></span></p><h3 class="MsoNormal" style="text-align: left;"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Totoo ba na Kelangan pang I-publish itong Deed of Extrajudicial Settlement sa Newspaper?<br /></span></span></h3><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Yes, totoo. Kelangang i-publish sa newspaper for once a week for 3 consecutive weeks.Puedeng every Sunday, or every Monday or every Friday or any day (but the same day) for 3 weeks. </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Kelangan na ang dyaryo ay newspaper of general circulation. Ibig sabihin itong dyaryo ay pina-publish at least once a week, nagpa-publish ng local news and information for the general public at merong subscribers (merong bumibili). </span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">This means hindi puede sa dyaryo na libre, o newsletter para sa isang organisasyon lang o para sa isang barangay o munisipyo lang.<br /></span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Hindi rin puede ang dyaryo na sa online lang napa-publish. Kelangang printed and distributed.</span></span></p><h3 class="MsoNormal" style="text-align: left;"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Meron ba akong alam na mura lang ang singil sa pagpa-publish? <br /></span></span></h3><div style="text-align: left;"><span style="font-family: helvetica;"><b>People's Tonight </b>-- PHP 2,300.00<br /></span><span style="font-family: helvetica;">1x5 column cm for 3 issues<br /></span><span style="font-family: helvetica;">See their phone or email address on their Facebook page:<br /></span><span style="font-family: helvetica;">PJI/People's Journal Tonight<br /></span><span style="font-family: helvetica;">https://www.facebook.com/philippinejournalists.inc</span></div><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"><b>Bulgar</b> -- PHP 2,452.00<br />Fely, advertising executive<br />Youtube channel: F Channel</span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;">Yong mga mas popular na newspaper ay malayong mahal, alam nio na. 10k pesos na siguro yong minimum nila.<br /><br />Kasama na sa bayad ang Proof of Publication at 3 issues of newspaper.<br /><br />Ito panoorin nio ang video blog ni Ms. Fely. Maganda ang pagpapaliwanag nia.<br /></span></span></p><p class="MsoNormal"><span style="font-family: helvetica;"><span face=""Arial",sans-serif" style="font-size: 12pt; line-height: 107%;"></span></span></p><p></p>
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/W-78tdmI1J8" title="YouTube video player" width="560"></iframe>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-75014539054415126822022-01-23T10:57:00.002+08:002022-01-23T11:06:13.469+08:00Royal Bank of Scotland Money Transfer -- Is this Legitimate?<h2>Several people have been asking me about <b>Royal Bank of Scotland money transfer</b>. </h2><p>They said they have received emails from Royal Bank of Scotland telling them they are recipients or beneficiaries of big amounts of money, and that all they have to do is to pay a fee before they can actually get the money. The name of the fee varies: transaction fee, foreign exchange fee, courier fee, ATM card delivery fee, or insurance cost. The fee ranges from 4,000 pesos to 15,000 pesos, or more</p><br /><p>If you have received similar emails, do not respond to them. Ignore them. They are FRAUDULENT. They're a SCAM. </p><br /><p>Most probably, these emails are not even from abroad, but from within the Philippines.</p><br /><p>Why are these a SCAM? Because of one or more of the following reasons:</p><p><b>1. You are being asked to send money before you can receive the remittance. </b></p><p> If it's a TRUE remittance, you DO NOT pay anything to receive it. In a legitimate remittance, it is the SENDER who pays for the remittance fee. And the remittance fee must be paid by the Sender before the remittance can be sent. If the foreign remittance is sent to you through your bank account, and the bank charges an incoming remittance fee, it is deducted by the bank from the remittance. The bank does not ask you money for the incoming remittance fee.</p><p><b>2. If you don't know the person sending you money, it's possible you are being recruited to become a Money Mule. </b></p><p>Gagamitin ang bank account mo para sa pag-transfer ng mga ninakaw na pera. Remember, being a Money Mule is a crime. Parang Drug Mule.</p><p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEilbf4h2YlOPeJI9gzUKVnoAT2QJ9q_mtjMrZYkeKm_5fzk9msot5vQ9BlIO2NDA-gnUliCLuzHOVesvdV9YCfwncUxm-VFV7bG6slxUGH38LfkXbfcmzQfm4BVY8CMNVsbZQIdnvUtn12yy88OC4XT6-Xd8nHfWwPcylZ5QOq4iOjl7srPZDX_45tqoA=s399" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="399" data-original-width="300" src="https://blogger.googleusercontent.com/img/a/AVvXsEilbf4h2YlOPeJI9gzUKVnoAT2QJ9q_mtjMrZYkeKm_5fzk9msot5vQ9BlIO2NDA-gnUliCLuzHOVesvdV9YCfwncUxm-VFV7bG6slxUGH38LfkXbfcmzQfm4BVY8CMNVsbZQIdnvUtn12yy88OC4XT6-Xd8nHfWwPcylZ5QOq4iOjl7srPZDX_45tqoA=s16000" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div>Huwag mong isipin na hindi mate-trace ang money transfer sa iyo. Lahat na ngayon ay puedeng ma-trace. At hindi mo puedeng sabihin na hindi mo alam na ginagamit pala ang bank account mo sa FRAUD.<br /><div><br /></div><h2>Is There a Royal Bank of Scotland in the Philippines?</h2><div><b>No, there's no Royal Bank of Scotland in the Philippines. </b></div><div><br /></div><div>There was, however, a Royal Bank of Scotland business in the Philippines from 2008 to 2010. In 2008, the Royal Bank of Scotland Group tried to explore operating in the Philippines by buying ABN Amro Bank. But in 2010, it decided to sell its operations to Robinsons Bank Corp.</div><div><br /></div><div><div>BSP records show that Royal Bank of Scotland (Philippines) had 3.57 billion pesos in total assets as of December 31, 2009. It ranked No. 35 by total assets among 38 commercial/universal banks in the Philippines.</div></div><div><div><br /></div><div>ABN Amro Bank Inc. (A Commercial Bank) had 6.78 billion pesos in total assets as of December 31, 2008, ranking No. 33 among 38 commercial/universal banks in the Philippines.</div></div><div><br /></div><h2>Is There a Real Royal Bank of Scotland?</h2><div><br /></div><div><div>Yes. Its operations are in the UK. It's main office is on 36 St. Andrew Square, Edinburgh, EH2 2YB, UK. It's in Scotland, one of the 4 constituent countries of the UK. The other three are England, Wales and Northern Ireland.</div></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-52697411272876182412021-10-12T10:45:00.001+08:002021-10-12T10:45:37.763+08:00Are CIMB and ING Bank Licensed in the Philippines?<h2><b>Marami ang nagtatanong kung ang</b> <b>CIMB and ING Bank are Licensed Banks in the Philippines</b>. </h2><p>Sikat raw kasi sila ngayon sa pag-o-offer ng digital accounts with high interest rates, pero hindi naman sila nasama sa 6 na newly licensed digital banks (OF Bank, Tonik Bank, UNObank,Union Digital, GoTyme, Maya Bank).</p><p>The answer is <b>YES. </b></p><h3><b>CIMB Bank and ING Bank are licensed banks in the Philippines</b>. </h3><p><b>CIMB</b> <b>Bank</b> is licensed by the <a href="https://www.bsp.gov.ph/SitePages/Default.aspx" target="_blank">BSP</a> as a <b>commercial bank</b>. <b>ING Bank</b> is licensed as a universal bank.</p><p><b>CIMB</b> is a subsidiary of Malaysian bank CIMB. It got its commercial banking license from the BSP in October 2018 and started its banking operations in December 2018. It has one branch:</p><p><b>CIMB</b><br />28th Flr, Ore Central Tower<br />9th Ave cor 31st St<br />Bonifacio Global City, Taguig City<br />+632-580-0101<br /></p><p><b>ING Bank</b> is a branch of the global bank ING Bank, which is based in The Netherlands. It operates in 40 countries around the world. It got its banking license from the BSP in 1990. It has a universal banking license which allows its to serve both consumers and corporate clients. It operates one office here:</p><p><b>ING Bank</b><br />22nd Flr, Arthaland Century Pacific Tower<br />5th Ave cor 30th Street<br />Bonifacio Global City , 1634 Taguig City<br />Trunkline: (02) 479-8888<br />Fax: (02) 815-1116<br /></p><p>They are authorized to offer digital accounts. They are authorized to launch mobile banking apps. Just like any other commercial bank in the Philippines. </p><p>Ang bawal lang sa CIMB at ING Bank na sinabi ng BSP ay huwag silang mag-advertise as Digital Banks. Lahat ng licensed banks na hindi Digital Bank ang license ay bawal i-advertise ang banking brand nila as Digital Banks. Pero allowed sila to offer digital products. </p><h2><b>Are CIMB Bank and ING Bank deposit accounts insured by the PDIC?</b></h2><p>Yes, PDIC-insured ang bank accounts ng CIMB and ING Bank, kasi BSP-licensed banks sila. Each deposit account owner with CIMB or ING Bank is insured up to 500,000 pesos.</p><p><b><a href=" https://www.philippinesqa.com/2020/08/example-of-commercial-banks-in.html" style="background-color: #fff2cc;">List of licensed commercial banks in the Philippines</a></b></p><p></p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-88784769511842333672021-01-02T04:13:00.002+08:002021-01-20T14:10:25.728+08:00What is Mandatory Provident Fund in SSS?<h3 style="text-align: left;">Mandatory Provident Fund in SSS</h3><p><b>Mandatory Provident Fund in SSS</b> is a mandatory savings program of the SSS that will start this January 2021. It will be mandatory for those earning a monthly income of 20,250 pesos or more. </p><p>Mandatory means sapilitan, or required. Ito ay mandatory para sa mga members earning 20,250 pesos or more per month.</p><p>It's also now called <b>Workers’ Investment and Savings Program or WISP</b>.</p><p>Ito ay investment at savings kasi makukuha mo ang lahat na inipon mo under WISP or MPF kapag nag-retire ka na, kasama na ang dividends earned.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-FR_jvIrQ8O8/X-9-XsniwZI/AAAAAAAAHXQ/QGqbEG7n23IadbyIiUNZPWAfx-EvSvyZACLcBGAsYHQ/s300/saving%2Bvia%2BSSS%2Bmandatory%2Bprovident%2Bfund.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="169" data-original-width="300" src="https://1.bp.blogspot.com/-FR_jvIrQ8O8/X-9-XsniwZI/AAAAAAAAHXQ/QGqbEG7n23IadbyIiUNZPWAfx-EvSvyZACLcBGAsYHQ/s0/saving%2Bvia%2BSSS%2Bmandatory%2Bprovident%2Bfund.jpg" /></a></div><br /><p><br /></p><p>Kung tutuusin, maganda naman itong Mandatory fund. Kasi mapipilitan kang mag-save. In fact, meron nang ganitong program ang SSS noon pang 2014. It's called <b>PESO Fund or Personal Equity and Savings Option (PESO) Fund</b>. Pero itong PESO ay voluntary (kung gusto mo lang) at para lang sa mga nagbabayad ng maximum contributions at sa mga less than 55 years old.</p><p>Meron lang mga nagrereklamo against sa Mandatory Provident Fund or WISP kasi nga naman madadagdagan ang deductions sa panahon ng pandemic na kelangang-kelangan natin ang pera. Para naman sa mga employers, gusto nilang i-defer ang contribution increase kasi malaki rin ang nawala sa kanila dahil sa effects ng pandemic. Sabi nga nila, umutang na nga raw sila para lang maibigay nila ang 13th month pay ng kanilang mga employees.</p><p>Going back to the Mandatory Provident Fund or WISP, ito ang mga monthly contributions for the WISP, starting January 2020, for members earning 20,250 or more monthly.</p><h3 style="text-align: left;">Monthly Contributions under Mandatory Provident Fund or WISP</h3>
<table><tbody>
<tr><td><b>Range of </b></td><td><b>Regular</b></td><td><b>Mandatory
</b></td><td><b>TOTAL </b></td></tr>
<tr><td><b>Income </b></td><td><b>Contributions</b>
</td><td><b>Provident Fund</b> </td><td><b>Contributions</b> </td></tr>
<tr><td> </td><td> </td><td><b> or WISP </b></td><td> </td></tr>
<tr><td> </td><td> </td><td><b>Contributions </b></td><td> </td></tr>
<tr><td> </td></tr>
<tr><td>20,250 - 20,749.99 </td><td>2,600 </td><td>65 </td><td>2,665 </td></tr>
<tr><td>20,750 - 21,249.99 </td><td>2,600 </td><td>130 </td><td>2,730 </td></tr>
<tr><td>21,250 - 21,749.99 </td><td>2,600 </td><td>195 </td><td>2,795 </td></tr>
<tr><td>21,750 - 22,249.99 </td><td>2,600 </td><td>260 </td><td>2,860 </td></tr>
<tr><td>22,250 - 22,749.99 </td><td>2,600 </td><td>325 </td><td>2,925 </td></tr>
<tr><td>22,750 - 23,249.99 </td><td>2,600 </td><td>390 </td><td>2,990 </td></tr>
<tr><td>23,250 - 23,749.99 </td><td>2,600 </td><td>455 </td><td>3,055 </td></tr>
<tr><td>23,750 - 24,249.99 </td><td>2,600 </td><td>520 </td><td>3,120 </td></tr>
<tr><td>24,250 - 24,749.99 </td><td>2,600 </td><td>585 </td><td>3,185 </td></tr>
<tr><td>24,750 - Over </td><td>2,600 </td><td>650 </td><td>3,250 </td></tr>
</tbody></table><br /><h3 style="text-align: left;">What's the Difference Between Regular Contributions and Mandatory Provident Fund or WISP Contributions?</h3><div>Ang Regular Contributions ay magiging basis ito ng amount ng retirement or death pension or amount ng short-term benefits like salary loan, maternity benefit, sickness benefit or disability pension benefit or amount ng funeral benefit.</div><div><br /></div><div>Ang Mandatory Provident Fund or WISP Contribution ay sarili mong ipon. Magmula sa una mong MPF or WISP contribution hanggang sa huli mong MPF or WISP contribution, ito-total ito plus yong mga annual earnings at makukuha mo lahat ito when you retire. Puede itong lump sum, puede ring monthly payouts, or combination of lump sum and monthly payouts. I am expecting na maglalabas later on ang SSS ng additional information about this. Posible na i-adopt din nila yong isang feature ng PESO na merong option na iwidro nang mas maaga ang konting bahagi ng total WISP savings for emergency purposes. </div><h3 style="text-align: left;"><br />Is the Mandatory Provident Fund or WISP of SSS similar to the mandatory savings program of Pag-ibig Fund?</h3><div>Kapag i-compare natin, yes, similar sila, kasi pareho silang savings programs. Ang difference lang is solo yong mandatory savings program ng Pag-ibig, walang kahalo. Yong sa SSS, nakahalo ang pagbayad ng MPF or WISP sa regular SSS contributions. Yong sa Pag-ibig, solo siya. Meron din silang optional savings program called MP2, pero ito ay hiwalay sa regular savings program nila. </div><div><br /></div><h4 style="text-align: left;">Can I pay the SSS Mandatory Provident Fund or WISP separately from my regular SSS Contributions?</h4><div>No. Pay the Mandatory Provident Fund or WISP together with your regular SSS contributions. Hindi puedeng hiwalay ang pagbabayad.</div><h4 style="text-align: left;"><br />What's the annual earnings rate for my SSS mandatory savings?</h4><div>It will depend on total annual earnings from investments of MPF or WISP funds. SSS will invest these funds in sovereign guaranteed investments. Certainly, the annual earnings rate will be much higher than savings rates offered by banks.</div><div><br /></div><h4 style="text-align: left;">Are my MPF or WISP savings plus annual earnings tax-free?</h4><div>Yes. Tax-free. Guaranteed by the Philippine government. </div><h3 style="text-align: left;"></h3><h4 style="text-align: left;">Paano kung gusto ko ring mag-ipon sa MPF or WISP kahit lower than 20,250 pesos ang earnings ko per month?</h4><div>Dati, merong sinabi na optional ang MPF or WISP para sa mga members earnings less than 20, 250 pesos per month. Let's see kung anong sasabihin nila pag ilalabas na nila yong final rules para sa MPF or WISP.</div><div><br /></div><div>Do you like to know more about the <b>SSS</b> <b>PESO Fund or Personal Equity and Savings Option (PESO) Fund? </b></div><div><b>You can download the <a href="https://drive.google.com/file/d/14VhWj2Cc-_Nn-8MlPnhLgW_fXyw25CX0/view?usp=sharing" target="_blank">SSS PESO Fund brochure here</a>. </b></div><div><b><br /></b></div><div><b>References:</b></div><div><b><a href="https://drive.google.com/file/d/1dkCzRUusKDzm_wDJmxoRQuyoElRk__eN/view?usp=sharing" target="_blank">SSS Schedule of Contributions for Voluntary and Non-Working Spouse Members</a></b></div><div><div><br /></div><div><b><span style="color: #2b00fe;">SSS to implement new contribution schedule</span>,</b> <a href="https://pia.gov.ph/news/articles/1062418" target="_blank"><b>Workers' Investment and Savings Program starting January 2021</b></a></div></div><div><br /></div><div>Related post:</div><div><a href="https://www.philippinesqa.com/2014/11/what-is-date-of-coverage-in-sss.html">What is Date of Coverage in SSS? Why Is It Important?</a></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-48575826333613944452020-12-10T09:11:00.004+08:002023-08-08T04:21:45.945+08:00Are There BDO Bank Branches in California?<h3 style="text-align: left;"><span style="font-family: arial; font-size: x-small; font-weight: normal;">Updated August 8, 2023</span></h3><h3 style="text-align: left;">None. There are no BDO bank branches in California. </h3><p>BDO has not yet applied for a license to operate a banking branch or a banking subsidiary in the United States.</p><p>The BDO unit in California is a BDO Remit company. It's BDO Remit (USA) Inc.</p><div style="text-align: left;"><b>BDO Remit (USA) Inc.<br /></b>350 Gellert Boulevard, Daly City, CA 94015<br />(4 minutes away from Serramonte Mall on Serramonte Blvd.)</div><div style="text-align: left;"><br /></div><div style="text-align: left;">Phone: +16509941625 / +18004723252<br />Fax: 1-866-372-3252<br />Email: bdoremit-dc@bdo.com.ph</div><p>Open everyday from 10:00 a.m. to 7:00 p.m.</p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-E5iyKVUawKU/X9F0U76faFI/AAAAAAAAHLU/Rzpul7PinTAIY4aTn1ac-kQkxrXv4lmpwCLcBGAsYHQ/s400/neighborhood%2Bin%2Bdaly%2Bcity%2Bcalifornia%2B400x193.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="193" data-original-width="400" src="https://1.bp.blogspot.com/-E5iyKVUawKU/X9F0U76faFI/AAAAAAAAHLU/Rzpul7PinTAIY4aTn1ac-kQkxrXv4lmpwCLcBGAsYHQ/s320/neighborhood%2Bin%2Bdaly%2Bcity%2Bcalifornia%2B400x193.jpg" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">a neighborhood in Daly City, California</td></tr></tbody></table><p><br /></p><div style="text-align: left;">BDO Remit (USA) Inc. is licensed as a Money Transmitter in California <br />by the <a href="https://dfpi.ca.gov/2018/06/06/bdo-remit-usa-inc/" target="_blank">California Department of Financial Protection and Innovation</a>, with license no. 1627.</div><h3 style="text-align: left;"><br />Is there a BDO Remittance Vallejo CA?</h3><p>None. If you're in Vallejo, California, and you prefer to make your Philippine remittance at a physical office, you can go to a Sigue Corp. office or partner there. Sigue Corp. is a BDO remittance partner. In case there are changes, call first before going there.</p><div style="text-align: left;"><b>Checks Cashed For Less</b><br />2120 Sonoma Blvd. <br />Vallejo, California 94590-5422<br />(707) 644-3086<br />Business Hours: Everyday from 8am to 10pm </div><h2 style="text-align: left;">BDO Remittance through WELLS FARGO</h2><p>If you have an account with Wells Fargo, it's great because BDO has a remittance service with Wells Fargo called <b>EXPRESSEND</b>.</p><p>Register with ExpressSend first at your Wells Fargo branch.</p><p>Provide your beneficiary's name, address, phone number and indicate whether it's landline or mobile line.</p><p>If the money is sent to your beneficiary's BDO account, provide the account name and account number. And write BDO as your beneficiary's bank name.</p><p>Make your first remittance at your branch. For your next remittances, you can send them using your mobile or online banking.</p><p>Your beneficiary will receive your remittance in PESO.</p><p>You can have 4 beneficiaries. You'll sign a <b><a href="https://www.wellsfargo.com/international-remittances/asia/" target="_blank">WELLS FARGO ExpressSend</a></b> service agreement for each beneficiary.</p><p>You can send up to $3,000 per day to one beneficiary. If you send to 2 or more beneficiaries, the maximum total amount that you can send per day is $5,000. During any 30-day period, you can send only up to $12,500.</p><h2 style="text-align: left;">International Money Remitters that have partnered with BDO in the Philippines:</h2><p>You can also send money from the USA to the Philippines through these international money transfer operators, either through online or at their offices.</p><p><b>ONLINE:</b></p><p><b><a href="https://wise.prf.hn/l/rvg3X1M" rel="nofollow" target="_blank">WISE</a></b> </p><p>XOOM</p><p>Remitly</p><p>WorldRemit</p><p>Small World</p><p><b>AT Their OUTLETS/STORES or Online for some</b></p><p>MoneyGram </p><p>Xpress Money (Xpress Money Services Ltd.) </p><p>Uniteller </p><p>New York Bay Remittance / TransFast </p><p>UAE Exchange </p><p>Ria </p><p>Western Union </p><p>I-Remit Inc. </p><p><br /></p><p>Go to this list of BDO remittance partners in the USA if you're asking <a href="https://www.philippinesqa.com/2020/11/send-money-bdo-usa.html">how to send money to BDO account from USA</a>.</p><p>There's a <b><a href="https://www.banksphilippines.com/2011/08/philippine-national-bank-branches-in-us.html" target="_blank">Philippine National Bank branch in California</a></b>. It's in Los Angeles. </p><p><b>Disclosure</b>: I'm an affiliate of WISE.</p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0California, USA36.778261 -119.41793244.2486009337542541 -154.57418239999998 69.30792106624574 -84.2616824tag:blogger.com,1999:blog-8010846084251267752.post-81564298562177658842020-11-25T03:19:00.003+08:002020-11-25T03:41:34.169+08:00How to Send Money to BDO Account from USA<p>The best answer to "How to send money to BDO account from USA" is to find the nearest BDO remittance partner in your area in the USA. </p><p>Make sure of the correct bank details of your receiver in the Philippines. Check the spelling of the name. What you know as your receiver's name might be different from his/her bank account name.</p><p>If you're sending to a BDO cash card, remember that a BDO cash card can contain only 10k pesos (card with no embedded name) and 25k pesos (card with embedded name) at a time. A cash card has no account number. Use the card's 16-digit number. Some remittance companies like Xoom and Transferwise do not send to cash cards and send to bank accounts only. Xoom can also be used for cash pickup.</p><h3 style="text-align: left;">Here are money transfer operators in the US that have partnered with BDO for remittance to the Philippines:</h3><div style="text-align: left;">Dolex Dollar<br />700 Highlander Blvd. Suite 450<br />Arlington, TX 76015<span style="white-space: pre;"> </span></div><div style="text-align: left;"><br /></div><div style="text-align: left;">Dolex Dollar<br />1550 North Brown Rd, Suite 145<br />Lawrenceville, GA 30044<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">IDT Payment Services, Inc.<br />550 Broad St.<br />Newark Ave., NJ 07102<span style="white-space: pre;"> <br /></span><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-QVSjo30MKg4/X71ceyKB9CI/AAAAAAAAHJY/25Jn6YzNNPAxriyRmIPlFHRTx-fpzQY0gCLcBGAsYHQ/s400/dollars.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="us-dollars" border="0" data-original-height="170" data-original-width="400" height="136" src="https://1.bp.blogspot.com/-QVSjo30MKg4/X71ceyKB9CI/AAAAAAAAHJY/25Jn6YzNNPAxriyRmIPlFHRTx-fpzQY0gCLcBGAsYHQ/w320-h136/dollars.jpg" width="320" /></a></div><br /><div style="text-align: left;"><br /></div><div style="text-align: left;"><br /></div><div style="text-align: left;">LMI Express Delivery Inc.<br />1028 Mission St. <br />San Francisco, CA 94103 <br />For a complete list of offices please visit www.luckymoney.com<span style="white-space: pre;"> </span>USA</div><div style="text-align: left;"><br /></div><div style="text-align: left;">Omnex Group<br />580 Sylvan Ave. Suite LLA<br />Englewood Cliffs, NJ, 07632<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Placid Express<span style="white-space: pre;"> <br /></span>3501 Queens Blvd.<br />Long Island City NY 11101<br /><br /></div><div style="text-align: left;">Ria Financial Services<br />For the nearest location, call: 1-800-331-8714 <br /><br /></div><div style="text-align: left;">Small World Financial Services Group Ltd.<br />For online money transfer, visit www.smallworldfs.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Transferwise Ltd. (Online money transfer)<br />For online money transfer, visit www.transferwise.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Viamericas Corp.<span style="white-space: pre;"> <br /></span>7910 Woodmart Ave Suite 220 <br />Bethesda, MD 20814<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Wells Fargo<br />For Wells Fargo Express Send, visit: www.wellsfargo.com/international-remittances/asia<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">World Remit (Online money transfer)<br />For online money transfer, visit www.worldremit.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Sigue Money Transfer<span style="white-space: pre;"> <br /></span>www.sigue.com<br /><br /></div><h3 style="text-align: left;">INTERNATIONAL MONEY TRANSFER COMPANIES that are BDO Remittance Partners:</h3><div style="text-align: left;">Western Union<span style="white-space: pre;"> <br /></span>www.westernunion.com<span style="white-space: pre;"> </span></div><div style="text-align: left;"><br /></div><div style="text-align: left;">MoneyGram</div><div style="text-align: left;">www.moneygram.com<span style="white-space: pre;"> </span></div><div style="text-align: left;"><br /></div><div style="text-align: left;">Xpress Money (Xpress Money Services Ltd.)<br />www.xpressmoney.com<span style="white-space: pre;"> </span></div><div style="text-align: left;"><br /></div><div style="text-align: left;">Xoom<br />www.xoom.com<span style="white-space: pre;"> </span></div><div style="text-align: left;"><br /></div><div style="text-align: left;">Uniteller<span style="white-space: pre;"> <br /></span>www.uniteller.com<span style="white-space: pre;"> </span></div><div style="text-align: left;"><br /></div><div style="text-align: left;">New York Bay Remittance / TransFast<span style="white-space: pre;"> <br /></span>www.transfast.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">UAE Exchange<span style="white-space: pre;"> <br /></span>www.uaeexchange.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">RIA<span style="white-space: pre;"> <br /></span>riamoneytransfer.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Remitly<span style="white-space: pre;"> <br /></span>www.remitly.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Small World<span style="white-space: pre;"> <br /></span>smallworldfs.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">World Remit<br />www.worldremit.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">Transferwise<span style="white-space: pre;"> <br /></span>www.transferwise.com<span style="white-space: pre;"> <br /></span><br /></div><div style="text-align: left;">I-Remit Inc.<span style="white-space: pre;"> <br /></span>www.Iremitx.com</div><div style="text-align: left;"><br /></div><div style="text-align: left;"><i>How to send money to BDO account from USA</i></div><div style="text-align: left;"><i><br /></i></div><div style="text-align: left;"><a href="https://www.banksphilippines.com/2011/10/bdo-remittance-partners-in-california.html" target="_blank">BDO Remittance Partners in California</a></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-15269670614339180762020-11-19T13:43:00.004+08:002021-10-12T16:07:54.364+08:00Is There a Welcome Bank in the Philippines?<div style="text-align: left;">Updated October 12, 2021</div><h1 style="text-align: left;">Yes, there is a <b>Welcome Bank</b> in the Philippines. </h1><h2 style="text-align: left;">It's a rural bank licensed by the BSP. It has been operating since February 2000.</h2><p>It was previously named <b>Smart Bank (Rural Bank) Inc.</b> It changed its name to <b>Welcome Bank (Rural Bank) Inc. </b>in 2019 after it was acquired by South Korean financial company <b>Welcome Financial Group</b> in August 2019. </p><p><b>Welcome Bank</b> opened its <b>Pasig City branch</b> on October 1, 2020 at:</p><p>Ground Floor, I-Square Bldg.<br />15 Meralco Avenue,Pasig City</p><p><b>The other branch is in Alabang</b>:</p><p>Ground Floor Westgate Tower<br />1708 Investment Drive, Madrigal Business Center<br />Alabang, Muntinlupa City 1780</p><p>Phone: (02) 842-4074<br />Fax: (02) 842-4079</p><p>Emails: apol.perez@gmail.com; daintylalah@yahoo.com; info@smartbank.ph</p><div>Website: welcomefinanceph.com</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-LaHNAuMZJnk/X7WfSSjhfkI/AAAAAAAAHHw/OPdAGbsDjAAA_9kc2rDV0gI0o-UYslRZwCLcBGAsYHQ/s349/welcome%2Bbank%2BFB%2Bcover%2Bphoto.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="194" data-original-width="349" src="https://1.bp.blogspot.com/-LaHNAuMZJnk/X7WfSSjhfkI/AAAAAAAAHHw/OPdAGbsDjAAA_9kc2rDV0gI0o-UYslRZwCLcBGAsYHQ/s320/welcome%2Bbank%2BFB%2Bcover%2Bphoto.jpg" width="320" /></a></div><h3 style="text-align: left;"><br /></h3><h1 style="text-align: left;"><b>What is Welcome Financial Group, the owner of Welcome Bank in the Philippines?</b></h1><p><b>Welcome Financial Group </b>owns <b>Welcome Savings Bank</b>, the 4th biggest savings bank in South Korea by total assets. It also owns <b>Welcome Finance Inc. (Philippines)</b>, the first overseas company it established. It launched it in May 2014. It also opened financial businesses in other Asian countries:</p><div style="text-align: left;">Welcome Finance in Cambodia<br />Welcome Leasing in Laos <br />Pacific Star Finance Ltd. in Myanmar</div><p>I'm a bit curious and at the same time happy that on its introduction post on Facebook, Welcome Bank included this verse:</p><p>"<b><i><span style="color: #2b00fe;">Your beginnings will seem humble, so prosperous will your future be</span></i>.</b>" -- Job 8:7</p><p>Well, for a business that just started in 2002 in the Philippines, and to now, as of September 2020, has total assets of $3.6 billion, we can say that's a true journey from humility to prosperity.</p><p><br /></p><h2 style="text-align: left;"><b>Deposit and Loan Products offered by Welcome Bank</b></h2><div><b>Welcome Savings Account</b>: Has no maintaining-balance requirement. Offers 1.5%, 1.75% and 2% interest rate per annum, depending on deposit balance.</div><div><br /></div><div><b>Welcome Time Deposit</b>: Offers 2% to 5% interest rate per annum, depending on term and amount.</div><div><br /></div><div><b>Personal Loan, Salary Loan, Business Loan and Car Loan</b></div><div><b><br /></b><h2 style="text-align: left;"><b>Are Welcome Bank's Deposit Accounts Insured by the PDIC?</b></h2></div><div>Yes. Each Welcome Bank account is insured by the PDIC up to 500,000 pesos per account owner.</div><h2 style="text-align: left;"><b>Plan to Become a Thrift Bank</b></h2><div style="text-align: left;">Welcome Bank announced it will increase its capitalization by the end of 2021 and will eventually upgrade to become a thrift bank.</div><h3 style="text-align: left;"><b><br /></b></h3><h2 style="text-align: left;"><b>About Smart Bank</b>:</h2><p>Smart Bank's tagline was The Modern Rural Bank. The last financial condition shown on its website smartbank.ph was its total resources, which was 36.53 million pesos as of December 31, 2012. It stated that its capital adequacy ratio as of that date was 63%, which was much higher than the Basle II-required ratio of 10%.</p><p>Its chairman of the board was Benjamin J. Yambao, former President and CEO of The Manila Banking Corporation, and its president was Lucila C. Jimenez, former vice president and head of comptrollership of The Manila Banking Corporation. One of the directors was Angelita G. Yambao, former president of Business Outsourcing Solutions and Services Inc.</p><div><b>Note:</b> Issuance of name change approval was done in September 2019</div><p><b>References:</b></p><p>BSP Circular Letter No. CL-2020-044 -- Smart Bank (Rural Bank) Inc. - Change of Corporate Name to Welcome Bank (Rural Bank) Inc., issued September 16, 2020</p><p>https://welcomefinanceph.com/welcomegroup-infomation</p><p><b><a href="https://www.banksphilippines.com/2018/01/top-rural-banks-philippines-assets.html" target="_blank">Top Rural Banks in the Philippines (banksphilippines.com)</a></b></p><p><b><a href="https://www.philippinesqa.com/2020/01/accredited-banks-sss-benefits.html" target="_blank">Accredited Banks for Receiving SSS Pension and other SSS Benefits</a></b></p><p></p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-1192920474481475242020-11-08T07:09:00.000+08:002020-11-08T07:09:10.434+08:00Download SSS Funeral Benefit Claim Forms<p>You can download these SSS Funeral Benefit Claim Forms from the SSS website, but there are times the website is down, so I made these forms available here: </p><p><b>Who Can Claim the SSS Funeral Benefit?</b> </p><p>Any person who paid for the major funeral expenses and whose name is on the main expense receipts. Hindi kelangang relative ng deceased member. Kahit sino. Pero dapat ma-explain niya sa SSS kung tanungin siya kung bakit siya ang nagbayad ng mga gastusin. </p><p>Ang nagbayad ng mga major expenses ay puede ring pumirma ng Waiver of Funeral Benefit form kung gusto niyang ibigay sa family ng deceased member ang funeral benefit kahit siya ang gumastos.</p><p><br /></p><p>1. <a href="https://drive.google.com/file/d/12PAhptV8phMBHgL5maCGMDwLbBhU8Lhx/view?usp=sharing" rel="nofollow" target="_blank"> Funeral Claim Application</a></p><p><br /></p><p>2. <a href="https://drive.google.com/file/d/1GTW_-gMla8Gh33T15iVBvisWlH8uQokm/view?usp=sharing" rel="nofollow" target="_blank">Affidavit of Funeral Expenses</a></p><p><br /></p><p>3. <a href="https://drive.google.com/file/d/1crpI-Qyr_1Dc1hqsOMlWm4U1yLMuZX71/view?usp=sharing" rel="nofollow" target="_blank">Waiver of Funeral Benefit</a></p><p><br /></p><p>4. <a href="https://drive.google.com/file/d/15IGneB2WLDYVlavpN8fPn1AlF4ej_vTq/view?usp=sharing" rel="nofollow" target="_blank">Pagpapaubaya sa Funeral Benefit</a></p><p><br /></p><p>5. <a href="https://drive.google.com/file/d/1X6eihYpG_U7H-6bHTEbU9nWyXkPtKgy2/view?usp=sharing" rel="nofollow" target="_blank">Sinumpaang Salaysay_Pinagbayaran sa Pagpapalibining</a></p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-iIgPqg8XcWI/X6coqn7_oWI/AAAAAAAAG_0/54qgbmIULrIzolIzc5PqTS9COHowlcMawCLcBGAsYHQ/s400/cemetery%2Bof%2Bflowers%2Bfor%2Bsss%2Bfuneral%2Bbenefit.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="267" data-original-width="400" src="https://1.bp.blogspot.com/-iIgPqg8XcWI/X6coqn7_oWI/AAAAAAAAG_0/54qgbmIULrIzolIzc5PqTS9COHowlcMawCLcBGAsYHQ/s320/cemetery%2Bof%2Bflowers%2Bfor%2Bsss%2Bfuneral%2Bbenefit.jpg" width="320" /></a></div><br /><p><br /></p><p>Trivia:</p><p>Why do I know some people are still looking for SSS benefit claim forms outside the SSS website?</p><p>My old website for Philippine forms, which I'll close down soon, because of design and platform issues, is still being visited for downloads.</p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-84274088435188144352020-11-08T03:38:00.000+08:002020-11-08T07:09:45.000+08:00Download SSS Maternity Benefit Claim Forms<p>You can of course download these SSS maternity benefit claim forms, but there are times the SSS website is down, so I made these forms available here. Just click any form you need, and you will be led to Google Drive where you can download the form.</p><p>1. <a href="https://drive.google.com/file/d/1h-G1mC5rnzHElvw_BQjHSTU2DOBkw1Aj/view?usp=sharing" rel="nofollow" target="_blank">Maternity Benefit Application </a></p><p> - This is the application form for voluntary, self-employed, OFW and non-working spouse members.</p><p>2. <a href="https://drive.google.com/file/d/1bq-AzM4m0aVrAFU1Ak8Z16ROKJ9tjYyj/view?usp=sharing" rel="nofollow" target="_blank">Maternity Reimbursement</a></p><p> - This is the application form for employed members.</p><p>3. <a href="https://drive.google.com/file/d/1xRXEVNOt97txjzzgBqUUkvHBvnobQjbs/view?usp=sharing" rel="nofollow" target="_blank">Maternity Notification</a></p><p>- For voluntary, self-employed, OFW or non-working spouse members, you should also login into your online SSS account, choose E-Services, then click "Submit Maternity Notification." Screenshot the statement that you have submitted your maternity notification and keep it for printing later on.</p><p>- For employed members, submit your maternity notification form and your proof of pregnancy (ultrasound report of pregnancy or certificate of pregnancy from your obstetrician). Your employer or HR will notify SSS through their online SSS Employer Account.</p><p>4. <a href="https://drive.google.com/file/d/1tfsbFNEYI0nRTcu-aY6zC7ucRz-n9Quk/view?usp=sharing" rel="nofollow" target="_blank">Transmittal List - Maternity Benefit Application</a></p><p>5. <a href="https://drive.google.com/file/d/1PirACuQWVOyAUlq8TgUAehkAxfsaMV9x/view?usp=sharing" rel="nofollow" target="_blank">Employer Transmittal List - Maternity Benefit Reimbursement</a></p><p>6. <a href="https://drive.google.com/file/d/10ywW_pId6O8BBf5AXh2x8mZfIRgelFJn/view?usp=sharing" rel="nofollow" target="_blank">Allocation of Maternity Leave Credits</a></p><p>7. <a href="https://drive.google.com/file/d/1wMOk898fsIyRsMSQek3f3FUU0T52XoWB/view?usp=sharing" rel="nofollow" target="_blank">Affidavit of Undertaking - English</a></p><p>8. <a href="https://drive.google.com/file/d/1BWWB-I-VpH-8HDVZhnSI_dKZZ6fU8gmB/view?usp=sharing" rel="nofollow" target="_blank">Affidavit of Undertaking - Tagalog</a></p><p>9. <a href="https://drive.google.com/file/d/1YHVsoxqLFjtEmX-vPAaBoDNkyFg1N7bt/view?usp=sharing" rel="nofollow" target="_blank">Affidavit of Undertaking - Visayan</a></p><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-FRoJMX-PdGM/X6bwz5o3wrI/AAAAAAAAG_o/SbQ0DS-bE70kOaI7OAnp0IFuYkETt6HwQCLcBGAsYHQ/s217/photo%2Bof%2Bpregnant%2Bwoman%2Bfor%2Bsss%2Bmaternity%2Bbenefit.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="217" data-original-width="150" src="https://1.bp.blogspot.com/-FRoJMX-PdGM/X6bwz5o3wrI/AAAAAAAAG_o/SbQ0DS-bE70kOaI7OAnp0IFuYkETt6HwQCLcBGAsYHQ/s0/photo%2Bof%2Bpregnant%2Bwoman%2Bfor%2Bsss%2Bmaternity%2Bbenefit.jpg" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div>
<p>Here are old SSS maternity benefit claim forms that you might still need:</p><p><a href="https://drive.google.com/file/d/1QU2OSzDrjkJPO6hU9XoOCzZmS44IQbN3/view?usp=sharing" rel="nofollow" target="_blank">Obstetrical History</a></p><p><a href="https://drive.google.com/file/d/13BOpDNURAFs8jpmxE-GOc-wyUhFYqN6A/view?usp=sharing" rel="nofollow" target="_blank">Specimen Signature Card - L-501</a></p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-27241260398076040852020-08-02T14:31:00.001+08:002020-08-02T14:31:55.949+08:00What Are Your Paternity Leave Benefits?<h3 style="text-align: left;">If you're a new father, you can enjoy 2 Paternity Leave Benefits in the Philippines:</h3><div>One is under the Paternity Leave Act of 1996 and the other is under the Expanded Maternity Leave Law of 2019.</div><div><b><br /></b></div><div><b>What is paternity?</b><br />Paternity means fatherhood. It means the state of being the father of a child.</div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-eoE4pzbHo7c/XyZTfBqxpKI/AAAAAAAAGKQ/5hh9qz9b6C4gigh41d0k6Wc03qpt_CjBQCLcBGAsYHQ/s316/paternity%2Bleave%2Bbenefits.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="300" data-original-width="316" src="https://1.bp.blogspot.com/-eoE4pzbHo7c/XyZTfBqxpKI/AAAAAAAAGKQ/5hh9qz9b6C4gigh41d0k6Wc03qpt_CjBQCLcBGAsYHQ/s0/paternity%2Bleave%2Bbenefits.jpg" /></a></div><div><br /></div><div><br /></div><h3 style="text-align: left;">1. Paternity Leave under the Paternity Leave Act of 1996 (RA 8187)</h3><div><b><br /></b></div><div><b>What are the requirements for you to be able to enjoy your leave?</b></div><div>You must be currently employed.</div><div>You must be legally married to the mother of your baby. She must be your legal wife.</div><div>You must notify your employer of your wife's pregnancy and her expected date of delivery.</div><div><br /></div><div><b>How many leave days will you enjoy?</b></div><div>7 days of paid leave</div><div><br /></div><div><b>When do you use your leave?</b></div><div>After your wife has given birth to your child. </div><div>The purpose of your leave is for you to assist your wife during her recovery and to help care for your newborn baby.</div><div><br /></div><div><b>Is there a limit to this paternity leave?</b><br />Yes. You enjoy this only for up to 4 deliveries (childbirth or miscarriage).</div><h3 style="text-align: left;"><br />2. Paternity Leave under the Expanded Maternity Leave Law of 2019 (RA 11210)</h3><div><b><br /></b></div><div><b>What are the requirements for you to be able to enjoy this leave?</b></div><div>Your wife or partner must inform SSS how many leave days she will allocate to you. She will include this information in her SSS Maternity Notification, which can be in paper form or through her employer's online SSS account.</div><div>You must also notify your own employer your intention to use this paternity leave, the number of days and expected dates.</div><div><b><br /></b></div><div><b>Is it required that you're legally married to the mother of your child?</b></div><div>No. Marriage is not a requirement.</div><div><br /></div><div><b>How many days will you enjoy?</b></div><div>You and your partner will decide the number of days, from 1 day to 7 days. </div><div>This number of days will be deducted from the 105 days granted under this Maternity Leave Law.</div><div><b><br /></b></div><div><b>Can this leave be enjoyed if your partner miscarried or if the pregnancy was terminated?</b></div><div>No. Only if your partner gave birth to a child. </div><div><br /></div><div><b>When will you enjoy your paternity leave?</b></div><div>During your partner's maternity leave. Can be enjoyed continuously or intermittently.</div><div><br /></div><div><b>Can you enjoy this if you're employed in the public sector?</b><br />Yes</div><div><br /></div><div><br /></div><div>All in all, <b>you have 14 days</b> to help your wife or partner recover and care for the newborn baby.</div><div><br /></div><div>References:</div><div><b><a href="https://drive.google.com/file/d/1IM_2xzeXCL1646r5ZO2SxCDwe6whcaW1/view?usp=sharing" target="_blank">Implementing Rules and Regulations (IRR) of the 105-Day Expanded Maternity Leave Law</a></b></div><div><b><a href="https://drive.google.com/file/d/1CxxP3nxp794Ggx2w0GMqFmEIGIHY5Ufz/view?usp=sharing" target="_blank">Paternity Leave Act of 1996</a></b></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-59841560016648968052020-08-02T09:21:00.000+08:002020-08-02T09:21:23.734+08:00Example of Commercial Banks in the PhilippinesOne requested list was this: <b>Example of Commercial Banks in the Philippines</b>. <div>Maybe the one who wrote it meant Examples. </div><h3 style="text-align: left;"><br />So here's an alphabetical list of the 25 Commercial Banks in the Philippines, as of August 2020:</h3><div> <div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-4gxfIhFkcGs/XyYTGzvkX4I/AAAAAAAAGKA/3WHX3wH5rGkzSS6qov8H2Iyg5bitma0HwCLcBGAsYHQ/s451/philippine%2Boffice%2Bbuildings.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="300" data-original-width="451" src="https://1.bp.blogspot.com/-4gxfIhFkcGs/XyYTGzvkX4I/AAAAAAAAGKA/3WHX3wH5rGkzSS6qov8H2Iyg5bitma0HwCLcBGAsYHQ/s0/philippine%2Boffice%2Bbuildings.jpg" /></a></div></div><div><ol style="text-align: left;"><li> Bangkok Bank Public Co. Ltd.</li><li> Bank of America, N.A.</li><li> Bank of China Limited – Manila Branch</li><li> Bank of Commerce</li><li> The Bank of Tokyo-Mitsubishi UFJ, Ltd.</li><li> BDO Private Bank, Inc.</li><li> Cathay United Bank Co., Ltd. – Manila Branch</li><li> Chang Hwa Commercial Bank, Ltd. – Manila Branch</li><li> CIMB Bank Philippines Inc.</li><li> Citibank, N.A.</li><li> CTBC Bank (Philippines) Corp.</li><li> First Commercial Bank, Ltd., Manila Branch</li><li> Hua Nan Commercial Bank, Ltd. – Manila Branch</li><li> Industrial Bank of Korea – Manila Branch</li><li> JP Morgan Chase Bank, N.A.</li><li> KEB Hana Bank — Manila Branch</li><li> Maybank Philippines, Inc.</li><li> Mega International Commercial Bank Co., Ltd.</li><li> MUFG Bank, Ltd.</li><li> Philippine Bank of Communications</li><li> Philippine Veterans Bank</li><li> Robinsons Bank Corp.</li><li> Shinhan Bank – Manila Branch</li><li> Sumitomo Mitsui Banking Corporation – Manila Branch</li><li> United Overseas Bank Limited, Manila Branch</li></ol></div><div><br /></div><div>Of these 25 commercial banks, 5 are local or domestic banks and the other 20 are foreign-owned banks.</div><div>The 5 local banks are:</div><div><br /></div><div><ol style="text-align: left;"><li>Bank of Commerce</li><li>BDO Private Bank</li><li>Philippine Bank of Communications</li><li>Philippine Veterans Bank</li><li>Robinsons Bank Corp.</li></ol></div><div><br /></div><div>Of the 20 foreign banks, 10 were established under the foreign bank entry liberalization law which was passed under President Benigno Aquino Jr.'s administration in 2014. </div><div><div><br /></div><div><ol style="text-align: left;"><li>Sumitomo Mitsui Banking Corp. (from Japan, start in 2015)</li><li>Cathay United Bank (from Taiwan, start in 2015)</li><li>Shinhan Bank (from South Korea, start in 2015)</li><li>Industrial Bank of Korea (from South Korea, start in 2015)</li><li>United Overseas Bank (UOB) (from Singapore, start in 2015)</li><li>First Commercial Bank (from Taiwan, start in 2016)</li><li>Hua Nan Commercial Bank (from Taiwan, start in 2017)</li><li>Chang Hwa Commercial Bank, Ltd. – Manila Branch (from Taiwan, start in 2018)</li><li>CIMB Bank Philippines (from Malaysia, start in 2018)</li><li>Industrial and Commercial Bank of China Ltd. (from China, start in 2019)</li></ol></div><h3 style="text-align: left;">What business activities are commercial banks authorized to do?</h3><div><div><ul style="text-align: left;"><li> General powers incident to corporations and those provided in other laws</li><li> Accept drafts and issue letters of credit</li><li> Discount and negotiate promissory notes, drafts, bills of exchange, and other evidences of debt</li><li> Accept or create demand deposits</li><li> Receive other types of deposits and deposit substitutes</li><li> Buy and sell foreign exchange and gold or silver bullion</li><li> Acquire marketable bonds and other debt securities</li><li> Extend credit</li><li> Invest in the equities of allied enterprises </li><li> Purchase, hold and convey real estate </li><li> Receive in custody funds, documents and valuable objects</li><li> Act as financial agent and buy and sell, by order of and for the account of their customers, shares, evidences of indebtedness and all types of securities</li><li>Make collections and payments for the account of others and perform such other services for their customers as are not incompatible with banking business</li><li>Rent out safety deposit boxes</li><li>Engage in quasi-banking functions</li><li>Act as managing agent, adviser, consultant or administrator of investment management/advisory/consultancy accounts, with Monetary Board approval</li></ul></div><h3 style="text-align: left;"><br />What business activities are commercial banks Not authorized to do?</h3><div><ul style="text-align: left;"><li> They cannot invest in the equities of non-allied businesses</li><li> They cannot function as an investment house</li><li> They cannot own up to 100% of the equity in a thrift bank, rural bank, allied financial business or allied non-financial business.</li></ul></div><div>Reference for the powers of commercial banks:</div><div><a href="https://morb.bsp.gov.ph/" target="_blank">Manual of Regulations for Banks</a></div><div><a href="https://www.philippinesqa.com/2020/06/Hong-Kong-demand-draft.html"><br /></a></div><div><a href="https://www.philippinesqa.com/2020/06/Hong-Kong-demand-draft.html">Which Bank Issues HK$ Demand Draft for Hong Kong Police Clearance Application</a></div><div style="font-style: italic;"><i><br /></i></div><div style="font-style: italic;"><i>example of commercial banks in the Philippines</i></div></div></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-18191355708223437972020-07-20T16:31:00.002+08:002020-08-02T14:56:19.562+08:00Who is Entitled to Death Benefits from SSS, Pag-ibig and Employer?<h3 style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word; text-align: left;">Question about who is entitled to death benefits from SSS, Pag-ibig and Employer:</h3><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-ntXZwRZ5DrQ/XyZjhFc3OBI/AAAAAAAAGKc/gPVm7dou7n4n8OwE4Y74IWm7BfEI6JBXwCLcBGAsYHQ/s400/death%2Bbenefits%2Bfrom%2BSSS%2BPag-ibig%2BEmployer.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="207" data-original-width="400" src="https://1.bp.blogspot.com/-ntXZwRZ5DrQ/XyZjhFc3OBI/AAAAAAAAGKc/gPVm7dou7n4n8OwE4Y74IWm7BfEI6JBXwCLcBGAsYHQ/s0/death%2Bbenefits%2Bfrom%2BSSS%2BPag-ibig%2BEmployer.jpg" /></a></div><div><br /></div><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Hi po tanong ko lang po. kasi yung uncle ko namatay nung July 6, 2020. at single po sya. wala na din lolo at lola namin na sya namang parents nya. ask ko lang po kung may makukuha ba ako na benefit or burial/death assistance sa SSS at Pag ibig? ganung ako po kasi yung inilagay ng uncle ko sa beneficiary nya? at kung meron naman po, magkano kaya?</p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Isa po syang dietician, ask ko din po kung may makukuha ba syang mga benepisyo sa hospital na pinagtatrabahoan nya?</p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">At ask ko lang din po kung may share ba yung mga kapatid nya? like may apat pa kasi syang kapatid na naiwan, kasi yung sinasabi ng auntie ko na dapat daw may share sila kasi nga kapatid sila,,</p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">At one thing po may expiration po ba yung pag file ng death claim? kasi sa sitwasyon ngayon medyo mahirap po makapag file gawa nga ng may COVID..</p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Salamat po sa sagot. GOD BLESS po sa inyo at sa family nyo.</p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><br /></p><h3 style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word; text-align: left;">About SSS funeral benefit:</h3><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Kung sino ang gumastos sa funeral at nakasulat ang name niya sa mga funeral receipts, siya ang makakapag-claim ng SSS funeral benefit. </p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Kung halimbawa lang na iba ang nakasulat sa receipt, halimbawa name ng tagalakad or representative ng family, papirmahin yong tagalakad o representative sa SSS waiver form para ma-claim ng family yong funeral benefit. </p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Anong ibig sabihin ng waiver? I-wi-waive o ipapasa ang right na mag-claim doon sa ibang tao.</p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Parang ang waiver ay wave goodbye sa right 😀</p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><br /></p><h3 style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word; text-align: left;">About SSS death benefit:</h3><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Kung ang namatay na SSS member ay single, walang anak, wala nang parents at grandparents, ang puedeng mag-claim ay yong tao o mga tao whose names are written as beneficiaries in the SSS Personal Data form of the deceased SSS member. Dapat din na yong nakasulat as beneficiary ay meron ding right to claim as described in the Family Code of the Philippines. </p><p style="background-color: #f9f9f9; color: #32373c; font-size: 13px; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;">Ganito kasi ang nakasulat sa SSS Law:</p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">Under the <b><a href="https://drive.google.com/file/d/1xFAFIP6jOosAvGSQhir5DQCyvqdSWGxy/view?usp=sharing" target="_blank">Implementing Rules and Regulations of RA 11199 (The Social Security Act of 2018)</a></b>, these are the beneficiaries:</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><span style="color: #32373c; font-size: 13px;"><b>Primary Beneficiaries:</b></span></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">1. Dependent Legal Spouse (Not remarried, not cohabited, not in live-in relationship)</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">2. Children (Legitimate, Illegitimate, Legally Adopted)</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><span style="color: #32373c; font-size: 13px;"><b>Secondary Beneficiaries:</b></span></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">1. Dependent parents </span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">2. Any other person or persons designated and reported by the SSS member to the SSS.</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;"> The person designated shall be someone who has a right to claim for support from the deceased member under the Family Code of the Philippines.</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">Sa case ni Mhaiy, kung ikaw talaga ang nakasulat na beneficiary doon sa SSS Personal Form ng uncle mo, ikaw ang entitled na claimant kasi anak ka ng kapatid niya. Pero depende pa rin sa decision ng SSS. Malamang na ibigay sa inyong 5 (divided by 5). </span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">Meron kasing case ng namatay na father. No spouse, no more parents. Merong anak na hindi na minor. Ang nakasulat na beneficiary ay pamangkin, hindi nakasulat yong nag-iisang anak. Ang binigyan ng SSS ay yong dalawa (divided by 2). </span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><span style="color: #32373c; font-size: 13px;">Unsolicited advice ko lang, kung ibigay nga sa iyo ng SSS ang buong lump sum, maganda kung mag-share ka rin doon sa mga 4 niyang kapatid. Merong receipts para merong proofs na nag-share ka.</span></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;"><br /></span></font></p><h3 style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word; text-align: left;"><font color="#32373c" face=""><span style="font-size: 13px;">About Pag-ibig death benefit:</span></font></h3><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">Provident benefit ang tawag sa benefit na ito. Kasama na diyan ang death benefit. Magkakasama ang mga naipon niya plus dividends at death benefit. </span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">Sa Pag-ibig, ang sinusunod nila tungkol sa beneficiaries ay ang Civil Code/Family Code of the Philippines. Sa Pag-ibig form na Proof of Surviving Legal Heirs, ito ang pagkakasunod ng heirs:</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">1. Spouse</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">2. Children</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">3. Parents</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">4. Grandparents on both sides (if no children and no parents)</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">5. Brothers and sisters and children of deceased brothers and sisters</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;"> (if no children, no parents and no grandparents)</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">6. Other relatives (pag walang 1 to 5)</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">In the case of Mhaiy, kung wala nang grandparents yong uncle na namatay (father and mother's side), yong mga kapatid ang rightful claimants.</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;"><br /></span></font></p><h3 style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word; text-align: left;"><font color="#32373c" face=""><span style="font-size: 13px;">About hospital employer:</span></font></h3><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><font color="#32373c" face=""><span style="font-size: 13px;">You can go to the hospital and inquire about any benefit that your uncle's heirs can claim. Bring your ID and proof of relationship to your uncle. Baka merong paluwagan, or merong hospital cooperative or merong other benefit.</span></font></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><b><a href="https://www.philippinesqa.com/2020/02/pag-ibig-death-benefit-claim.html">Pag-ibig Death Benefit</a></b></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><i><font color="#32373c" face=""><span style="font-size: 13px;"> </span></font><span style="background-color: transparent; font-size: 13px;"><font color="#32373c" face="">Who is Entitled to Death Benefits from SSS, Pag-ibig and Employer?</font></span></i></p><p style="background-color: #f9f9f9; line-height: 1.5em; margin: 0.6em 0px; overflow-wrap: break-word;"><br /></p>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com9tag:blogger.com,1999:blog-8010846084251267752.post-62785268278902843332020-07-18T01:38:00.002+08:002020-07-18T01:40:31.476+08:00Difference between SSS Self-Employed vs Voluntary Member<h3 style="text-align: left;"><span>Bakit Importanteng Malaman ang Difference Between SSS Self-Employed vs. Voluntary Member?</span></h3>Para hindi masayang ang pera at tiempo kung sakaling merong mali sa registration and payment contribution. Baka kasi magbayad ka ng contributions sa SSS na hindi ka nag-register ng tama. <div>Kahit meron ka nang SSS number, hindi ibig sabihin ay puede ka nang magbayad ng contributions. Merong procedures na susundin. Kaya dapat alamin kung ano ang Difference Between Self-Employed vs. Voluntary Member. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-ezjIjrZtJ_8/XxHigYTQEhI/AAAAAAAAGHI/rcRoMnEdJlkmRLsnM_jAI3R5FogWuwunQCLcBGAsYHQ/s238/SSS%2Bself-employed%2Bvs%2Bvoluntary%2Bmember.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="238" data-original-width="193" src="https://1.bp.blogspot.com/-ezjIjrZtJ_8/XxHigYTQEhI/AAAAAAAAGHI/rcRoMnEdJlkmRLsnM_jAI3R5FogWuwunQCLcBGAsYHQ/s0/SSS%2Bself-employed%2Bvs%2Bvoluntary%2Bmember.jpg" /></a></div><div><br /><div><div><br /></div><div>There are 6 kinds of SSS members:</div><div><br /></div><div>1. Employed</div><div>2. Self-Employed</div><div>3. OFW</div><div>4. Non-Working Spouse</div><div>5. Employer</div><div>6. Voluntary</div><div><br /></div><div>Lahat ng unang lima sa listahan: Employed, Self-Employed, OFW, Non-Working Spouse at Employer ay puedeng agad magbayad ng contributions sa SSS pagkatapos ma-register sa SSS as Employed, Self-Employed, OFW, Non-Working Spouse o Employer).</div><div><br /></div><div>Ang Voluntary ay naiiba. Hindi puedeng mag-register sa SSS as Voluntary then magbayad ng contributions. Sa <b><a href="https://drive.google.com/file/d/1Ro1nWa_20VN59t4g18c4UB6JqVTYRTeT/view?usp=sharing" target="_blank">Personal Record form</a></b> ng SSS, na ginagamit sa pagkuha ng SSS number at ginagamit din sa pag-register ng membership, 3 lang ang nandoon: Self-Employed, OFW at Non-Working Spouse. Ang Voluntary ay wala sa form. Ang Employed ay inire-report ng Employer sa SSS sa ibang form. </div><div><br /></div><div>Matatawag ka lang na Voluntary member of SSS pagkatapos kang naging Employed, o pagkatapos kang naging OFW o pagkatapos kang naging Self-Employed. At hindi ka na kelangang magpunta sa SSS para ipaalam sa kanila na natapos ka na as Employee, or hindi ka na OFW or hindi ka na Self-Employed. </div><div><br /></div><div>Ang gawin mo lang is magpatuloy kang magbayad, make sure na tama at complete yong amount mo (ibig sabihin ay nasa Table of Contributions for Voluntary, Self-Employed and OFWs yong amount), isulat mo na Voluntary ka, at later on, SSS na mismo ang mag-update ng type of membership mo to Voluntary. <br /><div><br /></div><div>Tip: Sa online payments, wala usually yong type of membership, so sa unang pagbayad mo as Voluntary, magbayad ka muna sa SSS branch o sa Bayad Center o sa mga accredited collectors over the counter. Sa susunod, puede ka nang mag-online payment sa Bayad Center app o Paymaya o iba pang online collector ng SSS.<br /><br /><br /><h3 style="text-align: left;"><b><span style="color: blue;">VOLUNTARY MEMBER</span></b></h3><br />. Member who was <b>Previously</b> <b>Employed</b> or <b>formerly an</b> <b>OFW, and now Unemployed</b>, or <b>now has own source of income.</b><br /><br />. Member was properly reported by his employers to SSS. His contributions as Employee were remitted to SSS by his former employers.<br /><br />. If member started his SSS membership as OFW, he registered using OW-1 form (ngayon ay Personal Record form na), and sent this form from abroad, or presented his OEC or proof of being OFW when he filed his OFW form at an SSS branch.<br /><br />. Member has a Date of Coverage.<br /><br />. <b>He has paid contributions as Voluntary</b>. After a member pays his contributions as Voluntary, his contributions will be posted as Voluntary payments, and his Member Category automatically changes from Employed to Voluntary, or from OFW to Voluntary. </div><div>(Ngayon daw, hindi na automatic, maraming nagre-reklamo sa Facebook ng SSS na hindi agad naa-update.)<br /><br /><br /><h3 style="text-align: left;"><b><span style="color: blue;">SELF-EMPLOYED MEMBER</span></b></h3><br /><b> </b>. This member registered with SSS as Self-Employed using the RS1 form (ngayon ay Personal Record form na), together with proof of source of income as Self-Employed. The form was approved and stamped by SSS.<br /><br />. He is earning income from his business, like buy-and-sell, sari-sari store, beauty shop, direct marketing, or online selling.<br /><br />. Some are professionals who are not employed by companies or other people. They earn their own income. Examples are independent accountants, dentists, tutors, or therapists who are paid directly by their customers.<br /><br />. He has a Date of Coverage. He was given a Date of Coverage after his RS1 application was approved and his first monthly contributions were posted.<br /><br />. His SSS contributions were posted as Self-Employed contributions.<br /><br /><br /><h3 style="text-align: left;"><b>CAN I START WITH SSS as VOLUNTARY member IMMEDIATELY?</b></h3><b><br /></b></div><div><b>So I don't have to present proof of source of income?</b><br /><br />No.<br />If you are not Employed, but you are earning money from your own business, profession, occupation, <b>register first as Self-Employed using the RS1 form (now Personal Record form)</b>.<br />Present this form, your ID and proof of source of income to the SSS officer and have it approved and stamped or signed. After approval, you can pay your first contribution using the RS5 form.<br /><br /><span style="color: blue;"><b><br /></b></span><h3 style="text-align: left;"><span style="color: blue;"><b>Can I Be an SSS member even if I have no job, no business, no occupation, and no source of income? </b></span></h3></div><div><span style="color: blue;"><br /></span></div><div><span style="color: blue;">I'm being supported financially by my parents.</span><br /><br />Sori, no.<br />SSS membership is only for people who earn their own money. <br /><br />The only exception is the wife or husband of an active SSS member. The Non-Working Spouse category is allowed because the wife or husband is also working as manager of the household. The form used for Non-Working Spouse registration is the NW1 form (ngayon ay Personal Record form na).</div></div></div></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com7tag:blogger.com,1999:blog-8010846084251267752.post-83242284122038869052020-07-17T15:33:00.002+08:002020-07-17T15:33:59.039+08:00How Can I Claim My SSS Maternity Benefit if I've Been AWOL?<font face="helvetica"><span style="color: #500050;"><span style="background-color: white;"><b>QUESTION about SSS maternity benefit if you've been AWOL:</b></span></span><br /><span style="background-color: white; color: #500050;"><br /></span><span style="background-color: white; color: #500050;">Hi, good day. Can I Avail of SSS Maternity Benefit? I was AWOL last December
2019. Then I filed my MAT1 last March as a Self-Employed. I gave birth
via C-Section this May. This June, I changed my status and paid my
contributions this month. What requirements should I file so I can avail
of maternity benefit? Thank you in advance.</span></font><div><font face="helvetica"><font color="#500050"><br /></font></font></div><div><font face="helvetica"><div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-pqf_SA-_wBw/XxFSPqSQwEI/AAAAAAAAGGw/QQKRKd_UBloMR3cW-fauZwSwfWfRmvzywCLcBGAsYHQ/s300/sss%2Bmaternity%2Bbenefit%2Bif%2Bawol.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="300" data-original-width="207" src="https://1.bp.blogspot.com/-pqf_SA-_wBw/XxFSPqSQwEI/AAAAAAAAGGw/QQKRKd_UBloMR3cW-fauZwSwfWfRmvzywCLcBGAsYHQ/s0/sss%2Bmaternity%2Bbenefit%2Bif%2Bawol.jpg" /></a></div><font color="#500050"><br /></font><span style="background-color: white; color: #500050;"><br /></span><span style="background-color: white; color: #500050;"><b>ANSWER:</b></span>
</font><div>
<font face="helvetica"><font color="#500050" face=""><span><b><br /></b></span></font>
</font></div>
<div>
<font face="helvetica"><font color="#500050" face=""><span><b>You file the same required documents as those who are not AWOL.
Magdagdag ka lang ng isa pang document.</b></span></font>
</font></div>
<div>
<font face="helvetica"><font color="#500050" face=""><span><b>Magpa-notarize ka ng Affidavit of Undertaking. Meron itong English,
Tagalog at Visayan versions. </b></span></font>
</font></div>
<div>
<font face="helvetica"><font color="#500050" face=""><span><b>I-check mo yong statement na "I was separated from the company due to
Absence Without Official Leave (AWOL)."</b></span></font>
</font></div>
<div><font face="helvetica"><br /></font></div>
<div><font face="helvetica"><br /></font></div>
<div>
<font face="helvetica"><span style="background-color: white; color: #500050;"> - </span><a href="https://drive.google.com/open?id=0B8wCsAfLTNXKaHZjaERvVWhJeDg">Maternity Benefit Application for Self-Employed, Voluntary Member</a><br /><span style="background-color: white; color: #500050;"> </span><br /><span style="background-color: white; color: #500050;">- Maternity Notification (signed and stamped by SSS before
delivery)</span><br /><span style="color: #500050;"> or printout of Maternity Notification Submission
Confirmation (if filed through your online SSS account</span><br /><span style="color: #500050;"> </span><br /><span style="color: #500050;">- <a href="https://drive.google.com/file/d/1EG9_TlHWDyOrv1MEQNje2I48IG3Cp3cU/view?usp=sharing" target="_blank">Allocation of Leave Credits</a> (signed and stamped by SSS before
delivery)</span><br /><span style="color: #500050;"> or printout of Maternity Notification Submission
Conformation if filed through your online SSS account<br /></span><font color="#500050"> (This form is submitted to the SSS together with Maternity Notification for signing before delivery, </font></font></div><div><font face="helvetica"><font color="#500050"> or filed online through your online SSS account)<br /><br /></font><span style="background-color: white; color: #500050;"> - Birth Certificate of your baby, from the PSA or Local Civil
Registrar</span><br /><span style="background-color: white; color: #500050;"> </span><br /><span style="background-color: white; color: #500050;">- </span><span style="color: #500050;">Operating Room Record </span><br /><span style="color: #500050;"> or Surgical Memorandum</span><br /><span style="color: #500050;"> or Discharge Summary Report</span><br /><span style="color: #500050;"> or Medical/Clinical Abstract</span><br /><span style="color: #500050;"> (isa lang ang nire-require sa SSS guide,
merong "or", pero baka hanapin din lahat yang 4 na yan.</span><br /><span style="color: #500050;"> Kung meron ka, dalhin mo na lang
lahat.) </span><br /><span style="color: #500050;"> </span><br /><span style="color: #500050;">- SSS ID</span><br /><span style="color: #500050;"> or SSS ID application stub</span><br /><span style="color: #500050;"> or other valid IDs </span><br /><span style="color: #500050;"> </span><br /><span style="color: #500050;"><span>- <a href="https://drive.google.com/file/d/19liCx2kEmBUbEx-vmzLWz-RkfgZqcf9v/view?usp=sharing" target="_blank">Affidavit of Undertaking</a> (notarized)</span></span><span style="color: #500050;"><span> </span></span><br /><span style="color: #500050;"> You will submit this because your delivery date
is within 6 months of your last day with your employer</span><br /><span style="color: #500050;"> You can submit this affidavit instead of a
Certificate of Non-Advancement of Maternity Benefit from your employer
because you went AWOL. </span></font><ul style="text-align: left;">
</ul>
</div>
<div>
<font face="helvetica"><span style="color: #500050;"><span><br /></span></span><span style="color: #500050;"><span> - Bring original and photocopies of documents</span></span><br />
</font></div>
<div>
<font face="helvetica"><span style="color: #500050;"><span><br /></span></span>
</font></div>
<div>
<font face="helvetica"><span style="color: #500050;"><span><span style="background-color: white;"><b>Eligibility:</b></span></span></span>
</font></div>
<div>
<font face="helvetica"><span style="color: #500050;"><span><span style="background-color: white;">Since you gave birth last May, your semester of contingency is Jan 2020
to June 2020. This means that</span></span></span><span style="color: #500050;"><span><span style="background-color: white;"> if </span></span></span><span style="color: #500050;">you've paid at least 3 monthly contributions within Jan 2019 to Dec 2019,
y</span><span style="color: #500050;">ou are eligible for the SSS maternity benefit.</span></font>
</div><div><font face="helvetica"><span style="color: #500050;"><br /></span></font></div><div><font face="helvetica"><span style="color: #500050;"><i>SSS maternity benefit if AWOL</i></span></font></div><div><font face="helvetica"><span style="color: #500050;"><i><br />Read more:</i></span></font></div><div><font face="helvetica"><span style="background-color: #fcff01; color: #500050;"><b>Some <a href="https://www.philippinesqa.com/2020/01/why-sss-maternity-benefit-denied.html">Reasons Why SSS Maternity Benefit Claims Are Denied</a></b></span></font></div><div><br /></div>
</div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-3606842792821049192020-07-07T10:40:00.003+08:002020-07-07T10:56:48.595+08:00What Are Suspicious Transactions under Anti Money Laundering Act (AMLA)?<h3>Suspicious transactions under Anti Money Laundering Act (AMLA) </h3>
are financial transactions that happen in the following circumstances, regardless of the amount:<div><br /><div>1. There is no underlying legal or trade obligation, purpose or economic justification of the transaction. </div><div>2. The client is not properly identified. </div><div>3. The amount involved is not commensurate with the business or financial capacity of the client. </div><div>4. There's perception that the client’s transaction is structured in order to avoid being the subject of reporting
requirements under AMLA. </div><div>5. There's one or more circumstances relating to the transaction which deviate from the profile of the client and/or the client’s past transactions with the financial institution. </div><div>6. The transaction is related to an unlawful activity or offense under AMLA that is about to be, is being or has been committed. </div><div>7. Any transaction similar or analogous to the circumstances described above.
Remember that the amount involved is not a factor.</div><div><br /></div><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-2ulGLpQHgsI/XwPgVexJzyI/AAAAAAAAF-g/1EgPNOVjGaIldAeJ9LEhA5rbhL-sQM3OwCK4BGAsYHg/s300/suspicious%2Btransactions%2Banti-money%2Blaundering.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="275" data-original-width="300" src="https://1.bp.blogspot.com/-2ulGLpQHgsI/XwPgVexJzyI/AAAAAAAAF-g/1EgPNOVjGaIldAeJ9LEhA5rbhL-sQM3OwCK4BGAsYHg/suspicious%2Btransactions%2Banti-money%2Blaundering.jpg" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;">Image by Sharon McCutcheon from Pixabay</td></tr></tbody></table><div><br />
<h3>What is a Covered Transaction under AMLA?</h3>
Any transaction in cash or other equivalent monetary instrument involving a<b> total amount of more than 500,000 pesos within ONE banking day.</b><div><br />
<h3> What should be done to Suspicious Transactions and Covered Transactions?</h3>
The financial institution participating in the transaction should report the Suspicious or Covered Transaction to the Anti-Money Laundering Council (AMLC) within FIVE working days from the date the transaction occurred.
The formal AMLC reporting form must be used.<div><br />
<h3> What Should Financial Institutions Do during Transactions to Prevent Money Laundering under AMLA?</h3>
Financial institutions should do the following: </div><div><br /></div><div>1. Require valid identification </div><div> They should require customers to present original documents of identification issued by an official authority and bearing a photograph of the customer. Examples are passports, driver's licenses, voter's IDs, SSS and GSIS IDs and senior citizen IDs. </div><div>2. Obtain Personal information </div><div> They should obtain the following information from the customer: </div><div> a. Name </div><div> b. Present address </div><div> c. Permanent address </div><div> d. Date and place of birth </div><div> e. Nationality </div><div> f. Nature of work and name of employer or nature of self-employment or business </div><div> g. Contact numbers </div><div> h. Tax identification number, SSS number or GSIS number </div><div> i. Specimen signature </div><div> j. Source of funds </div><div> k. Names of beneficiaries in case of insurance contracts and whenever applicable</div><div><br />
<h3>What Financial Institutions Are Required to Comply with AMLA?</h3>
1.<b> Banks</b></div><div> All banks, offshore banking units, quasi-banks, trust entities, nonstock savings and loan associations, pawnshops, and all other institutions, including their subsidiaries and affiliates regulated by the Bangko Sentral ng Pilipinas (BSP) </div><div><br /></div><div>2. <b>Insurance companies and professionals </b></div><div> All insurance companies, insurance holding companies, insurance agents, insurance brokers, professional reinsurers, reinsurance brokers, and all other persons and entities regulated by the Insurance Commission (IC) </div><div><br /></div><div>3. <b>Securities companies and professionals </b></div><div> Securities dealers, brokers, salesmen, broker associates, dealer associates, investment houses, investment agents and consultants, trading advisors, and other securities entities regulated by the Securities and Exchange Commission (SEC) </div><div><br /></div><div>4. <b>Mutual funds and investment companies </b></div><div> Mutual funds or open-end investment companies, close-end investment companies, common trust funds, pre-need companies and other similar entities regulated by the Securities and Exchange Commission (SEC) </div><div><br /></div><div>5. <b>Foreign exchange companies</b></div><div> Foreign exchange businesses, money changers, money payment services, remittance services, transfer companies, and entities dealing in currency, commodities or financial derivatives, valuable objects, cash substitutes and other similar monetary instruments regulated by
the BSP.</div><div><br /></div><div><font color="#ffffff"><b style="background-color: #3367d6;"> References:</b> </font></div><div> <a href="http://www.bsp.gov.ph/regulations/laws/RA9194_IRR.pdf" target="_blank">Anti-Money Laundering Act of 2001</a> (RA 9160) </div><div> <a href="http://www.amlc.gov.ph/covered-persons/bsp-covered-persons" target="_blank">Institutions and Professionals Supervised or Regulated by the BSP</a></div></div><div><font color="#ffffff" style="background-color: black;"><br /></font></div><div><i><font color="#ffffff" style="background-color: black;">suspicious transactions under Anti Money Laundering Act</font></i></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-9596994864036595272020-06-23T09:39:00.002+08:002020-06-23T14:23:51.124+08:00Which Bank Issues HK$ Demand Draft for Hong Kong Police Clearance Application?<h2 style="text-align: left;">Sadly, these days, no one of the Philippine banks that operate in Hong Kong issues HK$ demand draft for Hong Kong Police Clearance Application, </h2><div>based on our experience this month of June 2020. In fact, for any purpose, no bank issues a demand draft in HK$. </div><div><br /></div><div><b>Not BDO, not Metrobank, not BPI, not PNB.</b><br /><div><br /></div><div>In previous years, based on the experiences of others, BDO, BPI, Metrobank and PNB issued demand drafts in Hong Kong dollars. These days, they no longer do it. </div><div><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-8M6ZPlfymGM/XvGeZFBdbyI/AAAAAAAAF70/N1ssqv94q600sacibLcd04WxlO1Gyp-SQCK4BGAsYHg/s500/hong-kong-demand-draft-hk-police-clearance%2B500.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="209" data-original-width="500" height="210" src="https://1.bp.blogspot.com/-8M6ZPlfymGM/XvGeZFBdbyI/AAAAAAAAF70/N1ssqv94q600sacibLcd04WxlO1Gyp-SQCK4BGAsYHg/w500-h210/hong-kong-demand-draft-hk-police-clearance%2B500.jpg" width="500" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><br /></td></tr></tbody></table><div class="separator" style="clear: both; text-align: center;"><br /></div><div><br /></div><div><br /></div><div>Why? Maybe because of political developments in Hong Kong that could make the Hong Kong dollar unstable. Maybe Philippine banks have had bad experiences with clearing HK$ demand drafts. Maybe issuing HK$ demand drafts is not profitable. </div><div><font size="5"><br /></font></div><div><font style="background-color: white;">Maybe the foreign bank <b>Citibank</b> issues HK$ demand drafts, but how many of us have a Citibank account? </font></div><div><font style="background-color: white;">It's minimum Total Relationship Balance requirement is 1 million pesos.</font></div><div><font style="background-color: white;"><br /></font></div><div><br /></div><div style="text-align: center;"><font size="6" style="background-color: #fce8b2;">What <a href="https://www.workingpinoy.com/2020/06/hong-kong-police-clearance-application-hk-dollar-demand-draft/" target="_blank">other options do I have if I need to apply for a Hong Kong Police Clearance</a> </font></div><div style="text-align: center;"><font size="6" style="background-color: #fce8b2;">and I'm not able to get a demand draft in Hong Kong dollars?</font></div><h2 style="text-align: left;"><br /></h2><h2 style="text-align: left;">Which Philippine banks have branches in Hong Kong? </h2><h2 style="text-align: left;">and could issue HK$ demand drafts if they wanted to?</h2><div><br /></div><div><b>BDO Unibank</b></div><div><div>Ground Floor, Euro Trade Centre</div><div>13-14 Connaught Road</div><div>Central, Hong Kong</div></div><div><b><br /></b></div><div><b>Philippine National Bank (PNB)</b></div><div>Unit 902 9th Floor, Tung Wai Commercial Building</div><div><div>109-111 Gloucester Road, Wanchai, Hong Kong</div></div><div><br /></div><div><b>Metrobank</b> does not have a branch in Hong Kong, but it has remittance offices and a representative office.</div><div><br /></div><div><div>Metro Remittance (Hong Kong) Limited</div><div>Shop 2042-A 2nd Floor,</div><div>United Centre Shopping Arcade</div><div>95 Queensway, Central Hong Kong, SAR</div><div>Have branches in Tsuen Wan, Worldwide House Central Hong Kong, Shatin and Tseung Kwan O</div><div><br /></div><div>Metrobank Hong Kong Representative O ce</div><div>Address:</div><div>Unit D, 15/F, United Centre Bldg.</div><div>95 Queensway Rd., Hong Kong</div></div></div><div><br /></div><div><b>Bank of the Philippine Islands (BPI)</b> does not have a branch in Hong Kong, but it has 3 remittance offices and an international finance company.</div><div><br /></div><div><div>BPI Remittance Centre Hong Kong Ltd.</div><div>Worldwide Branch</div><div>Shop 114, 1st Floor, Worldwide House,</div><div>19 Des Voeux Road, Central HK</div></div><div><br /></div><div><br /></div><div><a href="https://www.philippinesqa.com/2019/03/transfer-money-from-bpi-to-bdo.html" target="_blank">Transfer Money from BPI to BDO and other Philippine banks and electronic money cards</a></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-59189048294798747812020-06-07T17:59:00.002+08:002020-06-07T17:59:40.217+08:00How to Cancel BDO Send Money for Cash Pickup<br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;">If you want to cancel your <b>BDO Send Money for Cash Pickup</b> transaction because the receiver's name was incorrectly spelled, or there was an error in the receiver's name, or the receiver don't have a valid ID, or the receiver is no longer able to claim the money, you need to call BDO at this number:</div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><b>Customer Contact Center: (02)8631-8000</b></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;">The money will be refunded and credited back to your account within 7-8 business days. The fee for sending (100 or 150 pesos) will not be refunded.</div><div><br /></div></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><iframe allowfullscreen="" class="BLOG_video_class" height="266" src="https://www.youtube.com/embed/QwCjJkEz5GY" width="320" youtube-src-id="QwCjJkEz5GY"></iframe></div><div class="separator" style="clear: both; text-align: center;"><br /></div><h2 style="clear: both; text-align: center;">Is there a way to cancel online <font color="#3367d6">Send Money for Cash Pick-Up</font> transactions?</h2><div class="separator" style="clear: both; text-align: center;">None.</div><div class="separator" style="clear: both; text-align: center;">The only Send Money transactions that you can cancel online are Scheduled Transfer and Later Transfer transactions. </div><div class="separator" style="clear: both; text-align: center;"><br /></div><h2 style="clear: both; text-align: center;">Do I have to call to cancel if the transaction was Unsuccessful?</h2><div class="separator" style="clear: both; text-align: center;">No.</div><div class="separator" style="clear: both; text-align: center;">If your Send Money for Cash Pickup transaction was not completed, or the system says the transaction was "Unsuccessful", but the money was already deducted from your balance, BDO will take note of it, and will refund your money, but it might take a week or longer.</div><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;">To confirm that your transaction was Unsuccessful, go to your "Transactions" and check the Send Money transaction you just did. You will see the Unsuccessful status.</div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-29390447087448559692020-02-25T17:20:00.003+08:002020-02-25T17:20:52.321+08:00What's the Deadline for Filing for SSS Maternity Benefit Claim?<br />
<h3>
<b>Until when am I allowed to I file my SSS maternity benefit claim?</b></h3>
<br />
You have 10 years from your delivery date to file your SSS maternity benefit claim.<br />
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://1.bp.blogspot.com/-h7cL0Npv3Lk/XlTmgJyXVQI/AAAAAAAAFqs/NnCUGDpxa18oWpAV9kLpOpWU5HyxNByDgCLcBGAsYHQ/s1600/flickr-pregnant-child-Many%2BWonderful%2BArtists-pub-domain-opt.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="pregnant mother with child for maternity claim" border="0" data-original-height="266" data-original-width="400" src="https://1.bp.blogspot.com/-h7cL0Npv3Lk/XlTmgJyXVQI/AAAAAAAAFqs/NnCUGDpxa18oWpAV9kLpOpWU5HyxNByDgCLcBGAsYHQ/s1600/flickr-pregnant-child-Many%2BWonderful%2BArtists-pub-domain-opt.jpg" title="" /></a></div>
<br />
<br />
But it's best to file your claim as soon as you have completed the required documents.<br />
In case there are defects in your documents, you can remedy them more easily because your company or former company where you worked, or the hospital or clinic where you had an operation is still existing. <br />
<br />
If you file your claim after some years from delivery date, be ready to explain to SSS why you waited so long before filing.<br />
<br />
<h3>
<b>When should I file my MAT1?</b></h3>
Anytime from your 60th day of pregnancy to the day before your delivery date.<br />
<br />
But file your MAT1 soon after your 60th day so you'll have already notified SSS in case a miscarriage happens.<br />
<br />
If you're voluntary, OFW, self-employed, or non-working wife, you can make your maternity notification online through your online SSS account.<br />
<br />
If you are employed, and your employer has an online SSS account, your employer will notify SSS through your employer's online SSS account.<br />
<br />
Sources:<br />
SSS Guidebook 2010<br />
SSS MAT-1 Form<br />
My.SSS BrochureNorahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0tag:blogger.com,1999:blog-8010846084251267752.post-85196319000103444742020-02-12T23:34:00.001+08:002020-02-12T23:53:32.029+08:00Pag-ibig Death Benefit -- Documents Required and Amount<h3>
<b>Meron bang Pag-ibig Death Benefit? </b></h3>
Yes, meron. But this is not given to all Pag-ibig members. Pag nakuha na ng isang member ang kanyang Provident benefits noong nabubuhay pa siya, wala nang makukuhang death benefit ang kanyang heirs or beneficiaries kapag siya ay namatay na.<br />
<br />
Bakit ganon? Kasi once na nakuha na ng isang member ang kanyang Provident benefits, mawawala na ang kanyang membership. Hindi na siya Pag-ibig member, so wala na siyang death benefit na makukuha pa.<br />
<br />
<br />
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-HfEKF4DuyRM/XU-BH9RtAMI/AAAAAAAAFbI/BsSLdU2xT9c0EUtxNEFsrV5MDsOf5LzkQCLcBGAs/s1600/cemetery-forest%2Blake%2B300.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="cemetery-pag-ibig death benefit" border="0" data-original-height="186" data-original-width="300" src="https://1.bp.blogspot.com/-HfEKF4DuyRM/XU-BH9RtAMI/AAAAAAAAFbI/BsSLdU2xT9c0EUtxNEFsrV5MDsOf5LzkQCLcBGAs/s1600/cemetery-forest%2Blake%2B300.jpg" title="" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Forest Lake Memorial Park, Binan, Laguna</td></tr>
</tbody></table>
<h3>
<br /><b>How much is Pag-ibig death benefit?</b> </h3>
<br />
It's 6,000 pesos.<br />
Merong conditions:<br />
- 6,000 pesos kapag active contributor ang member noong namatay siya, kahit less than 6,000 pesos ang naipon<br />
- 6,000 pesos kapag inactive na ang member noong namatay pero 6,000 or more ang savings plus dividends<br />
- Less than 6,000 pesos kapag ang member ay hindi active noong namatay, at less than 6,000 pesos ang total savings or contributions plus dividends. Ang amount ng death benefit: total savings plus dividends<br />
<b><br /></b>
<b>What do you mean? Ito lang ang makukuha ng heirs or beneficiaries ng Pag-ibig member na namatay?</b><br />
Hindi.<br />
Itong benefit na 6,000 pesos (or less than 6,000 pesos) ay idadagdag doon sa Total Provident Benefits ng member.<br />
Ang Total Provident Benefits ay total ng lahat ng contributions sa Pag-ibig plus lahat na dividends. Ito rin yong tinatawag na TAV.<br />
TAV means Total Accumulated Values.<br />
<h3>
<br />Documents Required in Claiming Your Pag-ibig Provident and Death Benefit:</h3>
<br />
<b>1.</b> <a href="https://drive.google.com/open?id=1pqfflgd_sFdYIAftmFloPFnDc068ZhV4" target="_blank">Application for Provident Benefits Claim</a><br />
Download form from Pag-ibig website or get from any Pag-ibig branch<br />
<br />
2. <a href="https://drive.google.com/open?id=1a2hLgozUoV7CUsn0onN52OXk9_3elQkf" target="_blank">Proof of Surviving Legal Heirs</a> (Notarized)<br />
Download form from Pag-ibig website or get from any Pag-ibig branch<br />
<br />
<b>3.</b> Death Certificate of Pag-ibig member<br />
Get from PSA<br />
<br />
4. Valid photo IDs of claimants<br />
<br />
5. Proof of relationship to the Pag-ibig member who died<br />
Get documents from PSA<br />
- Marriage certificate (if spouse is the claimant)<br />
- Birth certificates of all children (if there are children)<br />
- Birth certificate of Pag-ibig member who died with no spouse and no children (claimants are the parents)<br />
- Birth certificates of all siblings of Pag-ibig member who died with no spouse, no children and whose parents are already dead<br />
(claimants are the siblings)<br />
- Certified true copy of baptismal/confirmation certificate is accepted if there is no PSA record<br />
<br />
<b>6.</b> <a href="https://drive.google.com/open?id=1U_VALWjuzWC4uS2dP78URTWF-elqH35X" target="_blank">Affidavit of Guardianship</a> (Notarized),<br />
for claimant children 18 years old and below, or physically/mentally incompetent children<br />
<br />
<b>7.</b> Certificate of No Marriage, if deceased member was Single<br />
Get from PSA<br />
<br />
8. Advisory on Marriage, if deceased member was Married<br />
Hindi ko sure kung nire-require pa rin ito. Palagay ko, ni-require ito noong dumami ang cases na merong 2 or more spouse claimants.<br />
Ano itong Advisory on Marriage? Sa PSA, ask for an Advisory on Marriage. Bibigyan ka ng CENOMAR form to fill up.<br />
Ang document na ibibigay sa iyo contains information on the Pag-ibig member's marriage, or marriages or annulments.<br />
<br />
9. <a href="https://drive.google.com/open?id=1hke_NegGgPGtZaSDP_KTYKEeoONx5scO" target="_blank">Special Power of Attorney</a>, if claim is filed by authorized representative<br />
2 Valid photo IDs of authorized representative are required.<br />
<br />
10. Dati, nirerequire ito, pero sana ngayon hindi na:<br />
Funeral Receipt or Certification of Payments (from funeral service provider)<br />
Bakit nire-require pa ito? Baka hindi totoo yong death? Meron nang death certificate.<br />
<br />
<b>11.</b> Pag-ibig may ask for additional documents<br />
<br />
<h3>
Where to file:</h3>
<br />
File your <b>Pag-ibig Provident and Death Benefit</b> claim at the Pag-ibig branch where the deceased Pag-ibig member's contributions were remitted. Usually, it is the branch nearest the company where the Pag-ibig member worked the longest.<br />
<br />
If you're now residing in a region or province very far from the Pag-ibig branch where the member's records are, and the trip to the branch is costly, you can file at the Pag-ibig branch nearest your current residence. That branch will accept your documents and will forward them to your husband's Pag-ibig branch. Photocopy all documents, in case documents are lost.<br />
<br />
<b>After Filing</b><br />
<br />
After filing, you will receive a Claims Acknowledgment Receipt (CAR). <br />
Date of release will be written on the CAR. <br />
Pag-ibig may call you during evaluation of documents, if more documents are needed<br />
<br />
<b>Claiming the Check:</b><br />
Present CAR and 2 valid IDs.<br />
<br />
<b style="color: red;">NOTE sa pag-fill-up ng claim form:</b><br />
Make sure to write accurately all the names and addresses of companies and dates of employment of the deceased in the Application for Provident Benefits Claim form.<br />
This is important, specially for members who worked in different companies located in different cities. Pag-ibig records are NOT yet totally centralized, so it's possible that if the member worked in 2 or more companies in different cities, the member's savings were remitted to 2 or more Pag-ibig branches.<br />
<br />
<h3>
Some Questions and Answers about <span style="color: blue;"><b>Pag-ibig death benefit</b></span>:</h3>
<br />
<b><span style="color: blue;">Q:</span> </b> <b>When a Pag-ibig member dies, do his beneficiaries file 2 claims for Pag-ibig benefits?</b> One for Provident benefit and one for death benefit?<br />
<span style="color: purple;"><b>A:</b></span> No. Beneficiaries file only one set of claim. Pag-ibig Provident benefit and Pag-ibig death benefit are computed together in one claim form -- the <a href="https://www.pagibigfund.gov.ph/document/pdf/dlforms/providentrelated/PFF285_ApplicationProvidentBenefitsClaim_V05.pdf" target="_blank">Application for Provident Benefits Claim</a> form.<br />
<br />
<b><span style="color: blue;">Q:</span></b> <b>Can the beneficiaries of a member who has already claimed all his Pag-ibig Provident benefits claim his death benefit when he dies? </b><br />
For example, a member gets all his Provident benefits in 2013, and then he dies in 2014. Can his family claim his death benefits in 2014?<br />
<span style="color: purple;"><b>A:</b></span> No. His beneficiaries can no longer claim his death benefit because he was no longer a Pag-ibig member when he died. His membership was terminated when he claimed all his Provident benefit when he was alive.<br />
<br />
<b>Q: What is TAV?</b><br />
TAV means Total Accumulated Value. It is the total of all the member's savings and employer's contributions (if employed) plus annual dividends.<br />
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://4.bp.blogspot.com/-4sKwZscxkeY/V-9zR6ZfjLI/AAAAAAAADYk/rrbPKvHOvW0sPB2B8fR9eNeYFkNQSNrfACLcB/s1600/Pag-ibig-death-claim-spouse.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://4.bp.blogspot.com/-4sKwZscxkeY/V-9zR6ZfjLI/AAAAAAAADYk/rrbPKvHOvW0sPB2B8fR9eNeYFkNQSNrfACLcB/s320/Pag-ibig-death-claim-spouse.jpg" width="234" /></a></div>
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<b><span style="color: #990000;">Photo of Forest Lake Memorial Park above: by PhilippinesQA.com</span></b>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com1tag:blogger.com,1999:blog-8010846084251267752.post-20783249882831267862020-01-23T10:04:00.011+08:002023-04-20T16:38:57.947+08:00Accredited Banks for Philippine SSS Pension, Sickness and Maternity Benefits and Loan Proceeds<div>Updated April 20, 2023</div><div><br /></div><h2 style="text-align: left;">Here are accredited banks for Philippine SSS pension, sickness and maternity benefits and loan proceeds. </h2><div><b style="background-color: #fcff01;">Marami nang rural banks na nadagdag sa list.</b></div><div><br /></div><div>Notice that these Banks are all <b>Pesonet</b>-participating banks. SSS uses only <b>Pesonet</b>-member banks.</div><div><br /></div><div><br /></div><div>
<div style="border: 1px solid red; font-family: Verdana; font-size: 14px; margin: 0px auto; padding: 5px; width: 80%;"><strong> Puede rin itong anim na E-wallets, Cash Payment Outlets, at Remittance Transfer Companies:</strong> </div><div> </div><div style="border: 1px solid red; font-family: Verdana; font-size: 14px; margin: 0px auto; padding: 5px; width: 80%;"> - DBP Cash Padala Thru MLhuillier<br /> - GCash<br /> - Maya Philippines Inc.<br /> - Coins.ph<br /> - TayoCash<br /> - Universal Storefront Services Corp. (USSC) <br /> -Lulu Financial Services (Phils) Inc.<br /> - Zybi Tech Inc. (JuanCash Wallet)
</div>
</div><div><br /></div><div><br /></div><div> <div class="separator" style="clear: both; text-align: center;"><a href="https://1.bp.blogspot.com/-excDlf8pS_w/X9lwSYWez3I/AAAAAAAAHUc/peeHpEhuY6kEKPauBGgyVBM7hAZ9_jVbACLcBGAsYHQ/s200/sss-accredited%2Bbanks-pesonet.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="175" data-original-width="200" src="https://1.bp.blogspot.com/-excDlf8pS_w/X9lwSYWez3I/AAAAAAAAHUc/peeHpEhuY6kEKPauBGgyVBM7hAZ9_jVbACLcBGAsYHQ/s0/sss-accredited%2Bbanks-pesonet.jpg" /></a></div><br /></div><div><br /></div><div>Al-Amanah Islamic Bank</div><div>AllBank (A Thrift Bank) </div><div>Asia United Bank (AUB)</div><div>Australia and New Zealand Bank (ANZ)</div><div>Bangko Kabayan Inc.</div><div>Bangko Mabuhay (A Rural Bank)</div><div>Bangko Nuestra Senora Del Pilar</div><div>Bangkok Bank Public Co.</div><div>Bank of America</div><div>Bank of China Unlimited</div><div>Bank of Commerce (BankCom)</div><div>Bank of Florida (A Rural Bank)</div><div>Bank of Makati</div><div>Bank of the Philippine Islands (BPI)</div><div>BDO Network Bank Inc. (A Rural Bank)</div><div>BDO Unibank Inc. (BDO)</div><div>Biñan Rural Bank Inc.</div><div>BPI Direct Banko</div><div>Camalig Bank Inc. (A Rural Bank)</div><div>Cantilan Bank</div><div>Cathay United Bank Co. Ltd.</div><div>Cebuana Lhuillier Rural Bank Inc. (upgrade your card/account)</div><div>China Bank Savings (CBS)</div><div>China Banking Corp. (China Bank)</div><div>Coins.ph (e-wallet, only for SSS benefits, not for SSS loans)</div><div>Community Rural Bank of Romblon Inc.</div><div>Cooperative Bank of Quezon Province</div><div>Country Builders Bank Inc.</div><div>CTBC Banking Corp.</div><div>Deutsche Bank</div><div>Development Bank of the Philippines (DBP)</div><div>DBP Cash Padala thru M Lhuillier (cash payout outlet, only for SSS benefits, not for SSS loans)</div><div>Dumaguete City Development Bank</div><div>Dungganon Bank</div><div>East West Rural Bank Inc.</div><div>East-West Banking Corp. (EastWest Bank)</div><div>Equicom Savings Bank</div><div>First Consolidated Bank</div><div>GCash (e-wallet, must be verified, only for SSS benefits, not for SSS loans)</div><div>Guagua Rural Bank</div><div>HSBC Savings Bank Inc.</div><div>Industrial & Commercial Bank of China</div><div>Industrial Bank of Korea-Manila</div><div>Innovative Bank</div><div>JPMorgan</div><div>KEB Hana Bank</div><div>Laguna Prestige Banking Corp.</div><div>Land Bank of the Philippines/Overseas Filipino Bank (Landbank/OFB)</div><div>Lulu Financial Services (Phils) Inc. (e-wallet, only for SSS benefits, not for SSS loans)</div><div>Malarayat Rural Bank Inc.</div><div>Malayan Bank Savings and Mortgage</div><div>Maya Bank Inc. or Maya Philippines Inc. ( has both e-wallet and savings account)</div><div>Maybank Philippines Inc.</div><div>Mega International Commercial Bank Co. Ltd.</div><div>Metropolitan Bank and Trust Co. (Metrobank)</div><div>Mizuho Bank</div><div>Money Mall Rural Bank Inc.</div><div>MUFG Bank Ltd.</div><div>MVSM Bank (A Rural Bank Since 1953) Inc.</div><div>Philippine Bank of Communications (PBCom)</div><div>Philippine Business Bank (PBB)</div><div>Philippine National Bank (PNB)</div><div>Philippine Savings Bank (PSBank)</div><div>Philippine Trust Co. (Philtrust)</div><div>Philippine Veterans Bank (Veterans Bank)</div><div>Producers Savings Bank</div><div>Queen City Development Bank</div><div>Rang-ay Bank (A Rural Bank) Inc.</div><div>RBT Bank Inc.</div><div>Rizal Commercial Banking Corp. (RCBC)/Diskartech</div><div>Robinsons Bank</div><div>Rural Bank of Bacolod City Inc.</div><div>Rural Bank of Bauang Inc.</div><div>Rural Bank of Digos Inc.</div><div>Rural Bank of Guinobatan</div><div>Rural Bank of La Paz Inc.</div><div>Rural Bank of Lebak (Sultan Kudarat) Inc.</div><div>Rural Bank of Montalban Inc.</div><div>Rural Bank of Porac Inc.</div><div>Rural Bank of Rosario (La Union)</div><div>Rural Bank of Sagay Inc.</div><div>Rural Bank of Sta Ignacia Inc. (SignaBank)</div><div>SeaBank Philippines Inc.</div><div>Security Bank Corp. (SB)</div><div>Shinhan Bank</div><div>Standard Chartered Bank</div><div>Sterling Bank of Asia</div><div>Sumitomo Mitsui Banking Corp.</div><div>The Hongkong and Shanghai Banking Corp. (HSBC)</div><div>Tayocash Inc. (e-wallet, only for SSS benefits, not for SSS loans)</div><div>Tonik Digital Bank Inc.</div><div>Union Bank of the Philippines (UnionBank)</div><div>Union Bank Quick Card</div><div>United Overseas Bank (Phils) (UOB)</div><div>Universal Storefront Services Corp. (USSC) (e-wallet or cash card in partnership with CTBC Bank, only for SSS benefits, not for SSS loans)</div><div>Wealth Development Bank (now WealthBank)</div><div>Yuanta Savings Bank</div><div>Zybi Tech Inc. (JuanCash e-wallet, only for SSS benefits, not for SSS loans)</div><h2 style="text-align: left;">Bank Accounts Not Accepted by SSS:</h2><div><div><div>Closed account</div><div>Dormant account</div><div>Bank account name is different from SSS member name</div><div>Dollar account</div><div>Frozen account</div><div>Invalid or inactive mobile number</div><div>Joint account (both or and and/or not accepted)</div><div>Prepaid account</div><div>Time deposit account</div><div>Account with restrictions</div><div>Mobile number already used by another SSS member</div><div>Incorrect bank account number</div><div><br /></div><div><span style="background-color: #fcff01; color: red;">No Longer in the SSS List as of Oct 12, 2021:</span></div><div><div><span style="background-color: #fcff01;">CIMB Bank Philippines</span></div><div><br /></div></div><h2 style="text-align: left;">Remember these when enrolling your account in the SSS Disbursement Account Enrollment Module:</h2><div><br /></div><div>For bank accounts, enroll your bank account number, not your card number.</div><div>Do not enter special characters like - or spaces.</div><div>For e-money like Paymaya, enter your phone number in this format --> 09185128764</div><div>Make sure na tama yong pinili mo na bank. Yong iba, napipili nila yong BDO Network Bank, imbes na BDO Unibank.</div><div> Ang BDO Network Bank ay rural bank na pag-aari ng BDO Unibank.</div><div><br /></div><div>For pensions and maternity benefits, do not use e-wallets, e-money cards or cash cards. Why? Because these have maximum balance limits. Usually they can contain only up to 100,000 pesos only. Paano kung more than 100k yong lump sum mo? Paano kung 70k yong maternity benefit mo?</div></div><div><br /></div><div><b><span style="color: red;">New Tips!!!</span></b></div><div>For proof of account, upload a scan or photo of your latest deposit slip. Yong merong marks ng teller machine, merong proof na nag-deposit ka at proof na active ang account mo. Dapat clear yong bank name, account name and account number.</div><h4 style="text-align: left;"><br /></h4><h3 style="text-align: left;"><b style="background-color: yellow;">Does SSS accept e-money cards or cash cards?</b></h3>
<div>
Yes, but only these cards:<br /></div><div>Maya (formerly Paymaya, should be verified and upgraded)</div><div> (<a href="https://www.paymaya.com/quick-guide/upgrade" target="_blank">How to upgrade your Paymaya account</a>)</div><div>GCash (should be verified)</div><div>DBP Cash Padala Thru MLhuillier</div><div>Coins.ph</div><div>Tayocash Inc.</div><div>Lulu Financial Services (Phils) Inc. </div><div>Universal Storefront Services Corp. (USSC)</div><div>Zybi Tech Inc. (JuanCash wallet) </div><div><br /></div><div>* Do not use these cards if you are expecting to receive more than their maximum balance limits.</div>
<br />
<h3 style="text-align: left;"><span style="background-color: #fff2cc;"><b>Puede ba ang SSS UMID card?</b></span></h3>
Yes, you can use your<b style="background-color: yellow;"> SSS UMID card as your ATM card</b>, but you need first to activate your UMID card at <b>Union Bank kiosks</b> at SSS branches in:<br />
<br />
Diliman<br />
Manila<br />
Buendia<br />
Pioneer<br />
Baguio<br />
Cebu<br />
Davao</div><div><br /></div><div>*Note: Wala sa list sa itaas ang SSS UMID card kasi hindi required na i-enroll mo ang SSS UMID card mo sa Disbursement Account Enrollment Module sa online SSS account mo.</div><div><br />
<h3 style="text-align: left;"><span style="background-color: yellow;"><b>I like to open a bank account with only 100 pesos as initial deposit and maintaining balance. 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?</b></span></h3><b>
Present a Letter of Introduction (LOI) from SSS</b>. Humingi ka ng LOI from SSS. Pero bago magbigay ang SSS ng LOI, sisiguraduhin muna nila na meron ka talagang kukuning benefit sa SSS, so bring your SSS benefit claim acknowledgment slip, or photocopies of your claim documents. <br />
<b style="background-color: yellow;"><br /></b>
<h3 style="text-align: left;"><b style="background-color: yellow;">I already have an existing ATM account. Can I use it to receive my sickness or maternity benefit?</b></h3>
Yes, puede sa mga minsanang claim, like sickness or maternity benefit or loan proceeds.</div><div><br /></div><div>Pero kapag SSS pension, mas mabuti na ito ay separate bank account. Ito ay para maiwasan ang pagka-delay ng pension mo halimbawa lang ma-close ang account mo dahil sa ibang issue na walang kinalaman ang SSS.</div><div><br /></div><div>Merong mga banks na nire-require nila ang LOI galing sa SSS kapag nag-o-open ka ng account para sa SSS pension. Isa na ang Landbank. Ayaw nila na mag-open ka ng regular savings account for your SSS pension (halimbawa ayaw mo nang pumila for an LOI at gusto mo na lang mag-maintain ng regular account). Siguro kasi marami nang nag-open ng regular account, pero hindi naman nila na-maintain yong minimum maintaining balance at na-close yong mga accounts. </div><div><br /></div><h3 style="text-align: left;"><b>If you decide to open your own account and not use an LOI from SSS, which banks offer the lowest amount of initial deposit and maintaining-balance requirement?</b></h3><div><b><br /></b></div><div><b>Easi-Save Basic account -- </b>no maintaining balance -- 100 pesos opening fee -- offered by <b>China Savings Bank</b><br /><b>Union Bank Quick Card --</b> no maintaining balance<br />
<br />
<b>If you're near these rural banks, their maintaining-balance requirements are lesser than the commercial or thrift banks:</b><br />
BDO Network Bank<br /><div>Camalig Bank Inc. (A Rural Bank)</div><div>Cebuana Lhuillier Bank (A Rural Bank)</div><div>East West Rural Bank Inc.</div>
<div>See if the rural bank near your residence is in the list above.</div><h3 style="text-align: left;"><span style="background-color: #fcff01; color: #2b00fe;">What is </span><b style="color: #2b00fe;"><a href="https://www.philpayments.org.ph/pesonet">PESONET</a></b><span style="background-color: #fcff01; color: #2b00fe;">?</span></h3></div><div><span style="background-color: #fcff01; color: #2b00fe;">Which banks are </span><a href="https://www.bsp.gov.ph/PaymentAndSettlement/PESONet%20Participants.pdf" target="_blank">members of PESONET</a><span style="background-color: #fcff01; color: #2b00fe;">? </span></div><div><span style="background-color: #fcff01; color: #2b00fe;"><br /></span></div><div><span style="background-color: #fcff01; color: #2b00fe;"><a href="https://www.philippinesqa.com/2020/08/example-of-commercial-banks-in.html" target="_blank">Example of Commercial Banks in the Philippines</a></span></div>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com72tag:blogger.com,1999:blog-8010846084251267752.post-8499323650605926802020-01-22T13:22:00.002+08:002020-01-22T18:06:52.120+08:00Pag-ibig Payment Deadlines<h3>
Here's information on <b>Pag-ibig payment deadlines</b>:</h3>
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<div class="separator" style="clear: both; text-align: center;">
<a href="https://1.bp.blogspot.com/-poUzPtGz1UI/XU95CJ6hO2I/AAAAAAAAFa8/ju9yyvFCPXsyRx8BGXmjY3aXyuk7v3fpQCLcBGAs/s1600/calendar-pagibig-deadlines.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="calendar-pagibig payment deadlines" border="0" data-original-height="230" data-original-width="250" src="https://1.bp.blogspot.com/-poUzPtGz1UI/XU95CJ6hO2I/AAAAAAAAFa8/ju9yyvFCPXsyRx8BGXmjY3aXyuk7v3fpQCLcBGAs/s1600/calendar-pagibig-deadlines.jpg" title="" /></a></div>
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<h4>
<b><span style="color: blue;">EMPLOYEE CONTRIBUTIONS and LOAN PAYMENTS</span></b></h4>
<br />
Deadline for Remitting Employee Contributions and Loan Payments<br />
(Mandatory Savings or Pag-ibig 1, and Pag-ibig 2 or MP2)<br />
<br />
Your employer should remit your savings to Pag-ibig Fund on or before these dates:<br />
<br />
<br />
<table>
<tbody>
<tr><td>First Letter of</td><td>Payment Deadline</td></tr>
<tr><td>Employer </td><td></td></tr>
<tr><td>or Business Name </td><td></td></tr>
<tr><td></td></tr>
<tr><td></td></tr>
<tr><td></td></tr>
<tr><td>A to D</td><td>10th to the 14th day of the month</td></tr>
<tr><td></td><td>following the applicable month </td></tr>
<tr><td>E to L</td><td>15th to 19th day of the month</td></tr>
<tr><td></td><td>following the applicable month </td></tr>
<tr><td>M to Q</td><td>20th to 24th day of the month</td></tr>
<tr><td></td><td>following the applicable month </td></tr>
<tr><td>R to Z, 0 to 9</td><td>25th to end of the month</td></tr>
<tr><td></td><td>following the applicable month </td></tr>
</tbody></table>
<br />
<b>Penalties for Late Remittances by Employers:</b><br />
1/10 of 1% of the amount due, per day of delay starting on the day immediately following the due date until the date of full settlement<br />
<br />
<br />
<h4>
<b><span style="color: blue;">CONTRIBUTIONS and LOAN PAYMENTS</span></b><b><span style="color: blue;">by VOLUNTARY, SELF-EMPLOYED or OFWs</span></b></h4>
<br />
If you're paying Monthly:<br />
On or before the 10th day of the month following the applicable month<br />
<br />
If you're paying Quarterly:<br />
On or before the 10th day of the month following the applicable quarter<br />
<br />
<div style="border: 3px solid red; margin: 0px auto; padding: 10px; width: 80%;">
IMPLEMENTING RULES AND REGULATIONS OF REPUBLIC ACT NO. 9679, July 21, 2009
Or the “Home Development Mutual Fund Law of 2009, otherwise known as Pag-IBIG (Pagtutulungan sa kinabukasan: Ikaw, Bangko, Industriya at Gobyerno) Fund” <br />
<center>
RULE VII</center>
<center>
COLLECTION AND REMITTANCE</center>
<br />
<b>Section 4. Remittance of Contributions by Self-employed and Voluntary Members</b>. Self-employed and voluntary members may remit their monthly contributions on a monthly or quarterly basis, provided that in the latter case payments shall be remitted before the <b>10th day of the beginning month of the succeeding quarter</b>. Monthly remittances shall be made directly to the Fund before the <b>10th day of the following calendar month</b>.</div>
<br />
<b><span style="color: #cc0000;">Note:</span></b><br />
Bayad Center, SM Business Center and other collectors accept payments only during the current month or the current quarter being paid.<br />
<br />
If you're paying Monthly, your deadline is the last day of the month.<br />
If you're paying Quarterly, your deadline is the last day of the quarter.<br />
<b><span style="color: blue;"><br /></span></b>
<br />
<h4>
<b><span style="color: blue;">PAG-IBIG HOUSING LOANS</span></b></h4>
<br />
<br />
Monthly deadline is based on Date of Release of Loan Proceeds<br />
<br />
First payment is one month after date of release of loan proceeds<br />
<br />
<b>References:</b><br />
-- IRR of Republic Act (RA) No. 9679 or Home Development Mutual Fund Law of 2009<br />
-- Home Development Mutual Fund Citizen's Charter, November 2011<br />
-- HDMF Circular No. 274, Revised Guidelines on Pag-ibig Fund Membership, pursuant to RA 9679 and its Implementing Rules and Regulations, January 7, 2010<br />
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<b><span style="color: #990000;">Photo credit: Photo by Maddi Bazzocco on Unsplash</span></b>Norahttp://www.blogger.com/profile/08950015814647239197noreply@blogger.com0