Jump to content
BANGKOK 22 March 2019 16:54
Pib

U.S. Social Security International Direct Deposit (IDD) Update

Recommended Posts

most of us get our SSA payments sent to the NYC Bangkok Bank branch in USD then transferred to Thailand in THB where it appears in our Bangkok Bank account in THB...the concern was with the IAT transfer format after April 2019 which can be clarified by Ms Supatra at the BBK Bank main office for individual accounts...I fail to understand how FCD accounts in Thailand relate to this scenario...

 

 

Edited by tutsiwarrior

Share this post


Link to post
7 hours ago, tutsiwarrior said:

.I fail to understand how FCD accounts in Thailand relate to this scenario...

Because the direct deposit mentioned in this topic is not the same as the one via Bangkok Banks New York branch.

They will be sent by SWIFT directly to a bank here.

  • Like 1

Share this post


Link to post
18 minutes ago, Pib said:

And I say a "lot" because months ago when I was talking to the HQ Bangkok Bank POC "face-to-face" on this issue she showed me the listing printout of US govt payments "not" being received in IAT format.   I said the thickness of that listing looks like at least hundreds of people; she quickly responded thousands.  But that printout included social security, military retirement, VA, OPM and a variety of other US govt payments.

 

I'm not sure a Bangkok Bank employee should be sharing details like this with you or any schmoe off the street. 

 

They certainly shouldn't be showing you listings or printouts.

 

 

Share this post


Link to post

Now for you that have signed-up for/receive the free SMS Remittance from Bangkok Bank whenever an international transfer posts to your account but have not contacted Bangkok Bank yet to ask if your SS payment is arriving in IAT format, a highly indicate way to determine whether it's in IAT or Domestic (a.k.a., PPD) format is look at the first few words in the SMS.  

 

If it starts off by saying "SSA Treas 310..." then it's "not" in IAT format.  If it starts off my saying "Social Security..." it's in IAT format.   

 

These first few words are extracted directly from the Sender Address data field in the incoming payment/transfer.  For an IAT format the Sender (Social Security in this case) has included their full address like Social Security Administration along with their street/city/ZIP code; however, in a non-IAT format the Sender Address data field just includes an abbreviated name as in SSA Treas 310.   

 

And if you looked at full printout of a transfer/payment what they call the Standard Entry Class (SEC) data field it will include the code of "IAT" for a IAT transfer; if not an IAT transfer the SEC data field will include a code like "PPD" which is a domestic format (funds not meant to leave the US).  By being able to key in on this SEC data field is what makes it so easy for Bangkok Bank to determine if a payment is in IAT format or not.

 

Anyway, below are examples of Bangkok Bank SMS for a Social Security non-IAT payment and an IAT payment

 

SMS for non-IAT format

image.png.98a4531817f6edeb446c90850f6c6586.png

 

 

SMS for IAT Format

image.png.adea36e79d7bb5772915c20c9506f1d0.png

  • Like 1
  • Thanks 1

Share this post


Link to post

Can we cut to the chase boys?

What difference will occur some 3 months down the road to the existing SS deposits we now receive from Bangkok Bank thru New York to here?

What steps do we need to enact ourselves to guarantee continued Direct Deposits?

Yes, I've read thru the above posts loaded w/information but failed to see what we personally need to do?

Thanks! 

 

Share this post


Link to post
  I'm not sure a Bangkok Bank employee should be sharing details like this with you or any schmoe off the street. 

 

They certainly shouldn't be showing you listings or printouts.

 

 

 

The listings shown is just a index printed out with like 50 line items per page with a bunch of these pages stapled together and you are not handed this printout to review yourself. It would be like me talking to you while I hold a printout saying this is a list of all the folks not recieving their payment in IAT format. 

And the on screen individual printout showing details is my family members actual info with the family member setting next to me. Then another on screen "redacted" printout example of a payment in IAT format...their "for example" printout to easy explain what an IAT payment actually looks like.

 

 

 

  • Like 1

Share this post


Link to post

On 10 December, the Manila SSA office sent me an email saying:  As of this moment we can only process Bangkok Bank direct deposit accounts in Thailand, meaning the New York branch

 

As other posters have pointed out, using the Bangkok Bank New York branch makes it an "in-country U.S. bank to bank" transfer which, by the way, are always made in ACH format.   

Share this post


Link to post
57 minutes ago, noise said:

As other posters have pointed out, using the Bangkok Bank New York branch makes it an "in-country U.S. bank to bank" transfer which, by the way, are always made in ACH format.   

Correct but the transfer has to be coded as a IAT transfer or Bangkok Bank will start returning them on April 1st. Most are already arriving in the IAt format from the SSA. You need to check with Bangkok Bank to confirm they are in the IAT format.

Share this post


Link to post
3 hours ago, Pib said:

The IDD program (completed separate from payment via ACH) was to provide fix for those folks who SS payments are not arriving in ACH "IAT" format and for whatever reason those folks were (are) having a hell of a time in getting SSA to change their payment format to IAT format.   ACH payments are sent via the ACH system whereas IDD payments are usually sent by the SWIFT system. 

 

I can relate to the challenge in getting SSA to correct a payment to IAT payment based on my interface with the Manila and Baltimore SSA office over the last four months or so regarding my family member's payment not arriving in IAT format.   It's been somewhat like dealing with a "Deer in the Headlights."  

 

But in the initial/5 Nov 18 SSA IDD instruction a FCD account was going to be required; not a Thai baht account like folks currently have.  This means they would need to open a FCD before being able to sign up for IDD.  And as previously mentioned, a FCD has different rules, fees, restrictions, etc., regarding it use.   When you look at the various countries which have SSA IDD for some countries US Dollars must send to FCD account; in other countries the local currency must be sent to non-FCD accounts (i.e., regular accounts).  Apparently that driven by some Treasury Dept regulation.  

 

According to Bangkok Bank's latest stats as to how many SS payments to Bangkok Bank are "not" in IAT format it's 20% of the payments.  That's what both the HQ Bangkok Bank and Bangkok Bank "New York" branch told me in early December. 

 

On the SSA website it shows approx 7,000 folks "with Thailand addresses" (excluding those with Thailand APO addresses).  See snapshot below.  20% of the 6,853 folks receiving direct deposits is 1370 folks.  How many of those 1,370 folks are using the Bangkok Bank "New York" routing number I can't say...but I expect it's a lot.   And this figure only includes folks with Thailand addresses on file with the SSA; not folks who still have their US address on file with the SSA but having the SS payment sent to Bangkok Bank.

 

And I say a "lot" because months ago when I was talking to the HQ Bangkok Bank POC "face-to-face" on this issue she showed me the listing printout of US govt payments "not" being received in IAT format.   I said the thickness of that listing looks like at least hundreds of people; she quickly responded thousands.  But that printout included social security, military retirement, VA, OPM and a variety of other US govt payments.

 

From SSA Webpage

image.png.f5c0ce46dea7039c13546016ce69cb50.png

 

I followed thru with my ping to Manila SS Office last night asking about any update on the IDD for Thailand actually going online/enrollment starting.  I will update when/if I get a response.  Other folks might want to ping Manila also.  I figure more people beating on their door the better.

 

you better sit down while waiting for their answer..... I am still waiting and it has been 8 + months

Share this post


Link to post
1 hour ago, Boon Mee said:

Can we cut to the chase boys?

What difference will occur some 3 months down the road to the existing SS deposits we now receive from Bangkok Bank thru New York to here?

What steps do we need to enact ourselves to guarantee continued Direct Deposits?

Yes, I've read thru the above posts loaded w/information but failed to see what we personally need to do?

Thanks! 

 

 

All you can do is:

 

(1)  Follow the Bangkok Bank instructions per their website/their below 1 Oct 18 memo (this memo is basically a repeat of what's been on their website months before 1 Oct 18).   The individual must contact Bangkok Bank to determine if their payment is in IAT format....it it is you are good to go; if not in IAT format then the individual needs to contact/work with SSA to get it corrected to IAT.

 

OR

 

(2) Wait for SSA to begin Thailand IDD enrollment.

 

image.thumb.png.af6f9f785ce5ff3083f07ba3aeab756c.png

  • Like 1

Share this post


Link to post

Thanks for the information Pib.

Please keep us updated.

Hard for me because I can't access the SSA website as I have 3BB as my provider.

Need to go to an internet shop to access.

Share this post


Link to post
18 minutes ago, racyrick said:

Hard for me because I can't access the SSA website as I have 3BB as my provider.

Same on True internet for me. It worked until they changed my IP address. Works on my tablet using data with True.

I gave up and got a VPN setup. About 1200 baht for a year.

Share this post


Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...