BONGOMAN Posted March 11, 2019 Share Posted March 11, 2019 Okay, so Bangkok Bank has or will stop accepting ACH transfers that are not in the IAT format. So my questions to the membership is this. Which US banks or brokerage firm currently use the IAT format. Some have suggested Bank of America, can that be confirmed, or Charles Schwab? etc. 1 Link to comment Share on other sites More sharing options...
skatewash Posted March 15, 2019 Share Posted March 15, 2019 Bangkok Bank will stop accepting ACH transfers April 1, 2019, pursuant to a crack down by the US Government on ACH transfers that result in money being transferred outside the US. As of this time no one can identify any US financial institution that will allow retail customers to send ACH transfers using the new international IAT format. Some pension providers and other commercial businesses do use the IAT format already, but this facility has not been made available for retail customers. Link to comment Share on other sites More sharing options...
cdnvic Posted March 15, 2019 Share Posted March 15, 2019 Please follow this topic already covering this: Link to comment Share on other sites More sharing options...
metisdead Posted March 15, 2019 Share Posted March 15, 2019 You might find some answers in a topic already running about this here: Please continue there. Link to comment Share on other sites More sharing options...
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