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BANGKOK 18 March 2019 20:44
Larryst

Direct Deposits from Social Security

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I seen Social Security now has direct deposits to Thai banks. This will help on having the monthly income needed for the retirement visa for Americans. Check out the link to Social Security and copy the form SSA-1199 for Thailand.  https://www.socialsecurity.gov/online

 

 

 

 

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I have used this method for some time, using Bangkok Bank. You have to go in person and I have never had a problem. I might add, satellite branches don't work well, go to the main branch in town. Depending on what week you get your check, it will be in Thai Time 

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1 minute ago, lopburi3 said:

The issue is Bangkok Bank will not accept ACH transfers starting in April unless they comply with International format and some SS payments have not had that format so anyone using needs to confirm or risk having issues in April.

I have been using Bangkok Bank for my SS checks for the last couple of years. As of today, SS has not emailed me any information regarding a change. So do I need to contact the bank first to determine if the deposits are of the correct format?

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Just now, missoura said:

I have been using Bangkok Bank for my SS checks for the last couple of years. As of today, SS has not emailed me any information regarding a change. So do I need to contact the bank first to determine if the deposits are of the correct format?

Yes as SS just sees a domestic bank account using Bangkok Bank New York.  If you set up using Thai address visa Philippines Office it is probably right but have been reports of some using domestic format.  There are several threads with more information - bank can advise if you can get the message understood of what you need.  

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7 minutes ago, missoura said:

So do I need to contact the bank first to determine if the deposits are of the correct format?

You need to ask them to confirm they are being received in the IAT format. New York has confirmed mine are being sent it the IAT format.

Send an email with your name, account number, the date of your last payment and the amount to helpdesk.nyb@bbl.co.th .

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1 hour ago, ubonjoe said:

I have been checking to see if they had done one yet. They must of posted it recently.

Direct link for it is here. https://www.ssa.gov/forms/SSA-1199-OP107.pdf

Now we need to know which banks will be doing them and the conditions for the account.

I must have been posted overnight because I've be checking above SSA forms webpage almost daily and when I check last night the form was not there. 

 

On 29 Jan a Manila FBU rep replied to me regarding the Thailand IDD implementation....I had asked about the implementation date....see partial quote of their answer below.    

 

Quote

 

Unfortunately, we have not yet receive any instruction on the specific date of the implementation of Thailand IDD. We will inform you once we receive a communication.

 

 

A few days ago I sent another query...no response to date.

 

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2 hours ago, ubonjoe said:

I have been checking to see if they had done one yet. They must of posted it recently.

Direct link for it is here. https://www.ssa.gov/forms/SSA-1199-OP107.pdf

Now we need to know which banks will be doing them and the conditions for the account.

Yes, please.

Thanks in advance to the first person that gets that information and shares it.

Many of us are very interested.

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5 hours ago, ubonjoe said:

You need to ask them to confirm they are being received in the IAT format. New York has confirmed mine are being sent it the IAT format.

Send an email with your name, account number, the date of your last payment and the amount to helpdesk.nyb@bbl.co.th .

Joe is the amount to report the amount in Baht that was deposited in my account or amount in dollars that SS would have sent, thank you for a response

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Just now, flexomike said:

Joe is the amount to report the amount in Baht that was deposited in my account or amount in dollars that SS would have sent, thank you for a response

 

Just now, flexomike said:

Joe is the amount to report the amount in Baht that was deposited in my account or amount in dollars that SS would have sent, thank you for a response

one more question on the email is there a period after th

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1 minute ago, flexomike said:

Joe is the amount to report the amount in Baht that was deposited in my account or amount in dollars that SS would have sent, thank you for a response

Either one would would be accepted. I gave them both dollars and baht.

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Or just call Bangkok Bank in Bangkok per the letter they put in Oct 18.  English speaking.  Just need to give them your name, account number, and approx amount of SSA payment and they can look it up in about 15 seconds and tell you if it's arriving in IAT format or not. 

image.png.e8139cdf66ad66c1d24fa9bc643c0fc4.png

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3 minutes ago, Pib said:

Or just call Bangkok Bank in Bangkok per the letter they put in Oct 18. 

I liked the email since I got it in writing so if anything went wrong I would have that for backup.

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11 minutes ago, ubonjoe said:

I liked the email since I got it in writing so if anything went wrong I would have that for backup.

Nothing wrong with that.  But maybe give them a call also to double confirm......if within Thailand it's just another local call and they speak English at the number.

 

I called this afternoon because I wanted to ask if Bangkok Bank had got any additional instructions/knew about the new form/etc., but the primary POC was in a meeting. 

 

But the person I talked to once again confirmed my family member's latest SSA payment was "not" in IAT format...which was not news me....and I've been trying to get it changed to IAT format with Manila and Baltimore SSA offices for months via email, phone calls, letter with new 1199 included...so far, no luck.  And the family member has a Thailand address....has from day one of signing up for SSA pension.   My family member is one of the 20% of SSA payments coming to Bangkok Bank that is not in IAT format.  If a person is to believe the stats Bangkok Bank has been quoting of approx 80% SSA payments are arriving in IAT format; 20% not in IAT format.

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