Retired U.S. Federal and OPM

[kawikasudo]

Has anyone split their paycheck from OPM, one going into their U.S. bank and the other going into Bangkok bank? What would be the requirement? Thank you!

[lopburi3]

Not even sure you could do that but easy to have deposited into US bank and then transfer what you want here.  Yes it may cost a small fee but it can be very little if you shop around and check all options.  Has worked for me for the last 28 years without issues.  Currently using Transferwise as also serves to prove income.

[Pib]

You can't split direct deposit with OPM, but you can do basically the same thing by setting up an allotment....you can have two allotments.

 

Snapshot of Online Acct

 

See snapshot below of window that pops up when clicking the green Start button to start an allotment.

For the select acct type it offers Checking or Savings....for your Bangkok Bank acct you would select Savings. Important Note: Keep in mind for a reoccurring US govt payment to Bangkok Bank paid via the "ACH system" you must open a special direct deposit savings acct otherwise Bangkok Bank will reject/place on hold the payment to a regular savings acct.   If setting up the ACH payment to your regular Bangkok Bank savings acct while initial US govt payments may slip-by, Bangkok Bank will spot the US govt payment eventually (probably quickly...years back caught me after only one monthly payment), place the payment on hold, notify you that you must open a special direct deposit acct to receive reoccurring US govt payments via the ACH system, and this notification will say you need to do it withing two weeks otherwise the on hold payment will be sent back to the US govt.

[kawikasudo]

18 hours ago, Pib said:

You can't split direct deposit with OPM, but you can do basically the same thing by setting up an allotment....you can have two allotments.

 

Snapshot of Online Acct

 

See snapshot below of window that pops up when clicking the green Start button to start an allotment.

For the select acct type it offers Checking or Savings....for your Bangkok Bank acct you would select Savings. Important Note: Keep in mind for a reoccurring US govt payment to Bangkok Bank paid via the "ACH system" you must open a special direct deposit savings acct otherwise Bangkok Bank will reject/place on hold the payment to a regular savings acct.   If setting up the ACH payment to your regular Bangkok Bank savings acct while initial US govt payments may slip-by, Bangkok Bank will spot the US govt payment eventually (probably quickly...years back caught me after only one monthly payment), place the payment on hold, notify you that you must open a special direct deposit acct to receive reoccurring US govt payments via the ACH system, and this notification will say you need to do it withing two weeks otherwise the on hold payment will be sent back to the US govt.

 

[kawikasudo]

Thank you! That was really helpful!