The difference between social security payment and bank payment

Legal analysis: social security payment and bank payment are different. 1. The social security payment method is the special entrusted collection method in the same city. 2. Most bank payment methods are electronic collection, which reduces the intermediate links of data exchange and shortens the social security fee collection period from 20 days in 15 to 2 days. 3. Bank payment is divided into three ways: batch deduction (recommended method), counter payment and online banking payment.

Legal basis: Article 58 of People's Republic of China (PRC) Social Insurance Law. The employing unit shall handle social insurance registration for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.