Us Social Security/Bangkok Bank Setup

[bunnydrops]

Anyone here have info about setting up direct SS deposits to Bangkok bank. Fees? etc

[BB1950]

From the US Embassy website:

What do you need to do?

1. Open a "Direct Deposit" Account at the Bangkok Bank branch nearest your home. The Bank will assist you in opening a Direct Deposit Account. We suggest you clearly tell the bank staff that this account is for receiving a pension from SSA, or VA.

2. Sign Form 1199: Please bring 3 completed forms sf1199 to the headquarters branch of Bangkok Bank. The bank will forward your completed Direct Deposit form (Form 1199 A) to the SSA in US. You will be able to access your benefits from the Bangkok Bank branch near your house after your request has been completely processed. This often takes a few months. For more information please contact:

Bangkok Bank Public Company Limited

Foreign Exchange Service Section

Retail Payment Services Department

333 Silom Road, Bkk. 10500

Tel: (02) 230-1322-3

If you are currently receiving benefits by Direct Deposit, they will continue to be deposited to your previous account until the new request has been completely processed.

If you are currently residing in Thailand, you can notify your agency of your new address through the Embassy's American Citizen Services unit.

The American Citizen Services unit will also make a certified copy of your original passport if you bring it in. There is no fee for this service when it is being used for Social Security purposes.

Last I knew there were no charges or fees.

[longball53098]

The account opened for this purpose(direct deposit of SSA check) can only be used by the SSA recipient. No ATM cards or on-line banking is allowed for this account and only the signer/recipient can make withdrawals and this must be done in person. The SSA in the US is very strict about this account so to avoid fraud.

This quote taken from this link: Banking Info

In compliance with US regulations, Bangkok Bank cannot authorize the withdrawal of funds from your direct

deposit account by an appointed representative, or via ATM or any other electronic channel. You must appear

in person at a Bangkok Bank branch to withdraw the funds. You can, however, open a normal savings or current

account and transfer the funds from your direct deposit account to this account. You may then withdraw your

funds as usual via ATM or any other electronic channel.

[PennyFarthing123]

I opened a second account in Bangkok Bank and once a month go in and transfer money out of the Social Security account into it. That way I can use an ATM machine and also have another person on the account.

Social Security just wants to make sure that you are still alive and accessing your account. What you do after that they do not care.