Do I need to go to the bank to apply for social security withholding?

You don't need to go to the bank for social security withholding.

First, the basic concept of social security withholding

Social security withholding refers to the way that the employer or social security agency automatically deducts social security fees from the insured's salary or other income through banks or other payment channels according to the prescribed payment standards and time. This method aims to facilitate the insured to pay social security fees, and also to facilitate the management and accounting of employers and social security institutions.

Second, the opening process of social security withholding.

The opening of social security withholding is usually the responsibility of employers or social security institutions. Employers or social security agencies need to sign relevant agreements with banks or payment institutions to determine the withholding method, time and standard. Then provide the payment information of the insured person to the bank or payment institution, and the bank or payment institution will withhold and remit it according to the agreement. Insured people do not need to go to the bank alone to open this function, but only need to provide relevant bank account information to the employer when they join the job or apply for social security.

Three. Matters needing attention in social insurance withholding

Although social security withholding does not require the insured to go to the bank to open it, the following points should be noted:

1. Ensure that the bank account information provided to the employer is accurate and avoid failure or delay of withholding due to inaccurate information.

2. Check the bank account balance regularly to ensure that there are enough funds to pay social security fees and avoid withholding failure due to insufficient account balance.

3. If you have any questions or problems, you should communicate with the employer or the social security agency in time and solve them in time.

Fourth, the advantages of social security withholding.

As a convenient payment method, social security withholding has the following advantages:

1. Convenient and fast: the insured person does not need to go to the bank or social security agency to go through the payment procedures in person, saving time and effort.

2. High accuracy: Withholding by banks or payment institutions can avoid payment errors or omissions caused by human factors.

3. Conducive to management and accounting: Employers and social security agencies can record and account for payment through social security withholding data, which improves work efficiency and accuracy.

To sum up:

Social security withholding does not require the insured person to go to the bank to open it, but the employer or social security institution signs an agreement with the bank or payment institution, and then withholds it according to the prescribed procedures. Insured personnel only need to provide correct bank account information and ensure that there are enough funds in the account to pay social security fees. As a convenient and accurate payment method, social security withholding has played an active role in facilitating the insured and improving management efficiency.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 58 provides that:

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

People's Republic of China (PRC) social insurance law

Article 60 provides that:

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.