SSS Disbursement Account Enrollment Module (DAEM) – Requirements and Eligibility

SSS Disbursement Account Enrollment Module (DAEM). The Social Security System’s Disbursement Account Enrollment Module (DAEM) is an innovative electronic service designed to improve the delivery of services to Filipino workers. The online system simplifies the process of receiving Social Security benefits and loan proceeds directly into bank accounts, e-wallets such as PayMaya, or through Remittance Transfer Companies and Cash Payout Outlets, such as M Lhuillier, for SS members.

Aimed at employers, employees, self-employed individuals, overseas Filipino workers, and voluntary members, DAEM promises hassle-free, swift, and secure funds transfers. It is expected that the process will be simplified and will require an active My.SSS account and the nomination of up to three disbursement accounts, although only one may actually be used for the actual disbursement. The DAEM program will significantly improve how members access and benefit from the agency’s wide range of financial assistance programs.

The Social Security System (SSS) in the Philippines has introduced the Disbursement Account Enrollment Module (DAEM), an online feature within the My.SSS portal. This module enables members to register their bank accounts or e-wallets to receive benefits and loan proceeds directly, eliminating the need for physical checks and ensuring faster, more secure transactions.

Key Features of DAEM

• Direct Crediting of Funds: Members can have their benefits and loan proceeds deposited directly into their enrolled bank accounts or e-wallets.
• Enhanced Security: By reducing reliance on physical checks, DAEM minimizes risks associated with loss or theft.
• Convenience: Members can manage their disbursement accounts online through the My.SSS portal without visiting SSS branches.

Bases legales

A social insurance program for Filipino workers has been mandated under Republic Act No. 11199, also known as the Social Security Act of 2018. The purpose of this act is to support the development of digital methods such as DAEM for easier access to services.

The DAEM is available to all SSS members, including:

• Employed Individuals: Currently employed and contributing members.
• Self-Employed Individuals: Members who voluntarily contribute to the SSS.
• Overseas Filipino Workers (OFWs): Filipino workers employed abroad.
• Voluntary Members: Individuals who continue to pay SSS contributions voluntarily.
• Employers: Businesses and household employers registered with the SSS.

Before enrolling in DAEM, ensure you have the following:

1. Active My.SSS Account: You must be registered on the SSS online portal.
2. Valid Disbursement Account: This can be a bank account, e-wallet, or remittance transfer company account.
3. Supporting Documents: Proof of account, such as bank statements, ATM card images, or screenshots of your e-wallet account.

Read also: SSS Maternity Benefits – SSS Maternity Qualifying Period 2025

Here are some simple to register account:

1. Accessing the My.SSS Portal

• Visit the SSS Website: Navigate to the official SSS website and click on the “Member” button to access the login page.
• Log In: Enter your User ID and Password. If you don’t have an account yet, you need to register for My.SSS.

2. Navigating to the DAEM

• E-Services Tab: Once logged in, hover over the “E-Services” tab.
• Select DAEM: From the dropdown menu, click on “Disbursement Account Enrollment Module.”

3. Reading and Acknowledging the Reminders

• Reminders Popup: A set of reminders regarding account enrollment will appear.
• Acknowledge: Tick the checkbox indicating that you have read and understood the reminders, then click “Proceed.” button.

4. Choosing Your Disbursement Account

• Select Account Type: Choose between “Bank” or “E-Wallet/RTC/CPO” (Remittance Transfer Company/Cash Payout Outlet).

• Provide Account Details: Depending on your choice, enter the required information:

• For Bank Accounts:
  • Bank Name: Select your bank from the dropdown list.
  • Account Number: Enter your bank account number. Ensure it’s correct to avoid delays.

• For E-Wallets/RTC/CPO:
  • E-Wallet/RTC/CPO Name: Select your preferred provider (e.g., PayMaya, GCash).
  • Mobile Number or Account Identifier: Enter the associated mobile number or account ID.

5. Uploading Supporting Documents

• Document Types: Upload clear images or PDFs of any of the following as proof of your account:
  • ATM card showing your name and account number.
  • Bank statement or certificate (issued within the last six months).
  • Passbook.
  • Screenshot of your online or mobile banking account.
  • Validated deposit slip.
• Upload Process: Click on “Choose File,” select the document from your device, and ensure it’s clear and legible.

6. Agreeing to Data Collection and Usage

• Consent: Tick the checkbox agreeing to the Data Collection and Usage Clause. Then click Enroll button proceed with subbmittion of transcation.

7. Submitting Your Enroll Distursement Account

• Review Details: Double-check all the information and documents you’ve provided.
• Submit: Click on “Enroll Disbursement Account,” then confirm by clicking “OK” on the popup message.

• If you choose bank or E-wallet/RTC/CPO

8. Confirmation and Verification

• Email Notification: After submission, you’ll receive a confirmation email from SSS regarding your enrollment.
• Processing Time: The verification process may take a few days. You can check the status of your enrollment by revisiting the DAEM section in your My.SSS account.

The SSS salary loan approval process typically takes 3–5 working days, and funds are deposited into the bank account you have enrolled in. If you log into your My.SSS account, you can check the status of your application. The proceeds of the loan can also be credited to your account via SMS if you have received a notification of this in the past.

The following PESONet Participating Banks are eligible for enrollment in the SSS Bank Enrollment Program, if you are not sure whether your bank is a SSS Payment Partner.

The following banks are available for enrollment through DAEM for the disbursement of your SSS benefits as well as loan proceeds from your DAEM accounts:

• Islamic Bank Al-Amanah
• A Thrift Bank, AllBank (A) Inc.
• Bank of Asia United
• Bank of Australia and New Zealand
• The Banco Mabuhay (A Rural Bank), Inc.
• Bank of Bangkok Public Co.
• America’s Bank
• Unlimited Bank of China
• (A Rural Bank) Bank of Florida, Inc.
• Commerce Bank
• BPI (Bank of the Philippine Islands)
• (A Rural Bank) BDO Network Bank, Inc.
• Unibank BDO, Inc.
• (A Rural Bank) Camalig Bank, Inc.
• Rural Bank of Cebuana Lhuillier, Inc.
• Savings Bank of China
• Corporation of China Banking
• Philippine CIMB Bank
• The Citibank, N.A. Group
• Bank of the Country Builders, Inc.
• Banking Corporation of CTBC
• Philippines DCPay
• Bank Deutsche
• DBP (Development Bank of the Philippines)
• Bank of Dungganon, Inc.
• Rural East West Bank, Inc.
• Corporation of East-West Banking
• Bank Equicom Savings
• Bank First Consolidated
• Korea Industrial Bank
• Bank ING, N.V.
• A bank owned by JP Morgan Chase
• Bank KEB Hana
• Bank of the Philippines for Land
• Bank of Malayan Savings and Mortgage
• Philippine Maybank Inc.
• Mega International Commercial Bank Co.Ltd.
• Metrobank is the Metropolitan Bank and Trust Company
• Bank of Mizuho, Ltd.
• Bank MUFG Ltd.
• PBCOM (Philippine Bank of Communications)
• Business Bank of the Philippines
• PNB (Philippine National Bank)
• PSBank (Philippine Savings Bank)
• Company of Philippine Trust
• Bank of Philippine Veterans
• Savings Bank for Producers
• (A Rural Bank) Rang-ay Bank, Inc.
• RCBC (Rizal Commercial Banking Corporation)
• Corporation Robinsons Bank
• Bank of Guinobatan Rural
• Bank Security Corporation
• Bank Shinhan
• Bank of Standard Chartered
• Bank of Asia Sterling
• Banking Corporation of Sumitomo Mitsui
• Bank of Hong Kong & Shanghai Limited (HSBC)
• Bank of the Philippines, Union Bank
• Bank of United Coconut Planters (UCPB)
• Philippine Overseas Bank (UOB)
• Developing Wealth Bank
• Savings Bank of Yuanta

• Account Name Consistency: Ensure that the name on your SSS record matches the name on your bank account or e-wallet to avoid enrollment rejection.
• Active Accounts Only: Do not use closed, dormant, or frozen accounts. Ensure your account is active and capable of receiving funds.
• Unique Account Usage: Each account (bank or e-wallet) should be unique to one SSS member. Shared accounts can cause enrollment issues.
• Authentic Documentation: Only upload genuine and clear documents as proof of account. Tampered or unclear documents will lead to rejection.
• Processing Time: Errors in account details can delay the crediting of benefits. Corrections may take up to 30 days to process.

• Enrollment Rejection: If your enrollment is rejected, review the provided reason, correct any discrepancies, and re-submit the required information.
• No Confirmation Received: Check your email’s spam or junk folder. Ensure that your registered email with SSS is active and correct.
• Account Not Listed: If your bank is not a PESONet participant, consider opening an account with a participating bank or using an approved e-wallet service.

What is the SSS disbursement account enrollment module?

Ans: Members and employers can enroll their bank accounts for loan disbursements through the DAEM, a component of the My.SSS online portal. You will receive benefits and loan proceeds in the wallet or bank account that you register.

What banks are accredited for a SSS disbursement account?

Ans: SSS payments can be made at the following Real Time Processing of Contributions (RTPC) compliant banks that are accredited as SSS collecting and paying agents: Universal/Commercial Banks 1 Asia United Bank Corp. Savings Banks 17 Bank One Savings and Trust Corp.

How to check disbursement status?

Ans: To check the status of your loan disbursement, visit your lender’s online portal, download their mobile app, or contact customer service. You may also receive SMS and email updates from your bank regarding the disbursement process. If you have a transaction reference number, you can also inquire about it.

In conclusion, the Social Security System Disbursement Account Enrollment Module (DAEM) revolutionizes the way Filipino workers receive benefits and loan proceeds. By facilitating direct transfers to bank accounts, e-wallets like PayMaya, or remittance centers such as M Lhuillier, DAEM ensures swift, secure, and convenient fund access. This initiative significantly enhances service delivery for all SSS members, streamlining financial assistance processes and promoting financial inclusion across the nation.