Please, current information on what are the fees to have your SS deposited directly to your bank in Thailand. I have been using BBK Bank for many years for my banking in Thailand.
I have been Using WIZE to transfer funds to Thailand.
Bangkok Bank fees, SS deposited directly into your Bangkok bank account ?
I believe the individual has to file form 7162 every year as proof that you are still living ?
United States Department of treasury, DO they still transfer the funds to Bangkok Bank in New York City US, Then BBK NY sends the funds to your Thai bank account ?
I called BBK bank in NY and lady I got a hold of said that they receive payments in US dollars and then charge the exchange Fee ???
Maybe she did not know that the US is depositing and Thai baht because it goes through the Philippines ????
From looking at the fee structure BBK bank, it appears they charge 200 baht minimum for their services in Thailand deducted from your payment ?
Example, 65,000 baht deposit monthly with a charge of 0.25% = 162.5 baht today.
Is there a foreign transaction fee from Bangkok Bank NY ? Does the money go through them or directly into your BBK bank Account in BAHT ?
Draft Specifying Bangkok Bank as Paying Bank Deposit No Fee Fee for receiving funds from overseas: 0.25% of the transfer amount (Baht 200 Min., Baht 500 Max.) Fee for receiving funds from overseas: 0.25% of the transfer amount (Baht 200 Min., Baht 500 Max.)
The United States Department of the Treasury now offers direct deposit of federal benefit payments, including Social Security Administration (SSA), Department of Veterans Affairs (VA), and Office of Personnel Management (OPM), to banks in Thailand. The payments are automatically converted to Thai Baht (THB) at the international exchange rate before they are deposited in the account. U.S. dollar payments are not available. The United States Department of the Treasury does not charge fees to make the deposits. However, the Thai banks may charge fees.I am aware that you have to deal with,Social Security AdministrationU.S. Embassy Manila1201 Roxas BoulevardErmita 0930Manila, PhilippinesEmail:
[email protected] No.: +63 2 301 2000 ext. 9 (from 8:00 a.m. to 11:00 a.m. Manila Time, Tuesdays and Thursdays except Philippine and U.S. Holidays)
Any clarification would be wonderful, thanks, JP
