How does the company pay social security for its employees? The company opens its own account and deducts money every month or pays it separately to the employee's account.

The company does not need to open a special bank account to pay social security for employees, nor does it need company personnel to pay in the social security bureau on the spot.

Social security payment process (taking Tianjin as an example);

First of all, the "over-the-counter payment" process:

1. If cash is used, it can be paid directly at the business windows of Industrial and Commercial Bank of China and Bank of China with cash and the Notice of Payment of Social Insurance;

2. If you use a check, you should first go to the sub-center to collect the post endorsement check and get the bank bill, and then go to the designated online bank to pay the fee.

Two. The process of "counter payment" is changed to "entrusted deduction":

1. Check the enterprise ID number at the sub-center;

2. Sign the entrusted deduction agreement with the bank with the ID number;

3. Bring the entrusted deduction agreement signed with the deposit bank to the sub-center to go through the formalities for changing the payment method.

3. Credit card payment process: Bring the Social Insurance Payment Notice and the bank card to the sub-center.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.