Direct Deposit

[BC57]

Hi, does anyone know how fast will the social security direct deposits land in a Philippine bank? I know the pay days in the US are early Wednesday mornings, but I don't know when our payments will arrive in the PH. Hopefully they don't delay them. Thanks in advance. 

[graham59]

Good luck.

Earlier this year I had my UK pension payment sent to our BDO account, and the idiots returned it to the UK. 

How hard is it in this country to get a bank to accept a CREDIT ?  

[Arizona Kid]

8 hours ago, BC57 said:

Hi, does anyone know how fast will the social security direct deposits land in a Philippine bank? I know the pay days in the US are early Wednesday mornings, but I don't know when our payments will arrive in the PH. Hopefully they don't delay them. Thanks in advance. 

Curious as to why you have direct deposit to a PH bank. Why not a US bank? Much safer and no worries. 

[BC57]

45 minutes ago, Arizona Kid said:

Curious as to why you have direct deposit to a PH bank. Why not a US bank? Much safer and no worries. 

I'm a resident now and completely moved from the US last November. We built a house here so I'm not going anywhere. Many expats have their SS benefits direct deposited in a PH bank.

[Arizona Kid]

14 minutes ago, BC57 said:

I'm a resident now and completely moved from the US last November. We built a house here so I'm not going anywhere. Many expats have their SS benefits direct deposited in a PH bank.

Thanks. I've lived here since 2002 and still prefer a US bank. To each his own though.

[Dave Hounddriver]

16 hours ago, BC57 said:

Hi, does anyone know how fast will the social security direct deposits land in a Philippine bank?

I am surprised no one has yet given you a direct answer to your question.  I have known a few American expats whe get their SS deposited directly to Metrobank so I know that Metrobank does it.  I would suggest talking to the manager at your local one.

I do not do that myself but I have accompanied friends to the bank on SS day and the only problems they have mentioned are when either the US or the Philippines has a holiday.  That tends to muck up their timing. Unfortunately none of the fellows who does that are members here, so again, check with the bank manager and I am sure you will be happy with their service.  I do remember that each of these fellows gets their money depositied to a US$ account and can take their money in US$ to get the best rate they can find.  I also remember they had a minimum amount that they must keep on deposit.  It used to be US$100 but I seem to recall hearing it is quite a bit higher now.

[Mike J]

While looking online to try and find an answer to the OP's question, I found this.  It show how many expats are receiving payments by country.  If I read it correctly, and I am not sure that I am, it would seem that there are only 62 out of 36,000 plus beneficiaries who have the payments directed to a Philippine bank.  And another 226 receive the payment via a paper check.  I assume they do not have a bank account here in the Philippines.

PAYMENTS TO BENEFICIARIES OUTSIDE THE U.S.

AUGUST 2019

COUNTRIES WITH SSA'S
INTERNATIONAL DIRECT DEPOSIT
 

COUNTRY	START DATE	NUMBER OF CHECK PAYMENTS	INTERNATIONAL PAYMENTS	DIRECT DEPOSIT PAYMENTS THROUGH U.S. BANKS	TOTAL PAYMENTS	% DIRECT DEPOSIT
ALBANIA	Aug - 15	9	65	68	142	94%
ALGERIA	Dec - 18	5	9	21	35	86%
ANGUILLA	Nov - 99	28	58	40	126	78%
ANTIGUA	Aug - 99	25	35	102	162	85%
ARGENTINA	May - 14	256	93	3,006	3,355	92%
ARUBA	Jan - 19	10	4	32	46	78%
AUSTRALIA	Jul - 98	157	12,656	2,856	15,669	99%
AUSTRIA	May - 99	23	2,467	514	3,004	99%
BAHAMAS	Sep - 99	16	66	123	205	92%
BAHRAIN	May - 19	2	0	21	23	91%
BANGLADESH	Jun - 17	20	34	56	110	82%
BARBADOS	Jul - 99	66	363	499	928	93%
BELGIUM	Jul - 99	38	1,838	509	2,385	98%
BELIZE	May - 14	26	4	660	690	96%
BERMUDA	Aug - 18	28	2	311	341	92%
BOLIVIA	Aug - 15	15	188	414	617	98%
BONAIRE	May - 19	2	0	22	24	92%
BOSNIA HERZEGOVINA	Apr - 17	4	383	376	763	99%
BRAZIL	May - 14	123	98	2,352	2,573	95%
BRITISH VIRGIN ISLANDS	Mar - 00	16	3	80	99	84%
BULGARIA	Jun - 16	6	346	349	701	99%
CAMBODIA	Nov - 17	19	63	172	254	93%
CANADA	Jul - 89	7,568	73,099	31,681	112,348	93%
CAPE VERDE	Aug - 15	25	209	37	271	91%
CAYMAN ISLANDS	Nov - 99	57	4	192	253	77%
CHILE	Feb - 18	118	18	2,718	2,854	96%
CHINA	Aug - 15	142	428	817	1,387	90%
COLOMBIA	May - 14	41	34	7,467	7,542	99%
COSTA RICA	Jun - 16	34	11	6,192	6,237	99%
CROATIA	May - 14	10	165	1,380	1,555	99%
CURACAO	Aug - 18	10	1	27	38	74%
CYPRUS	Nov - 99	2	473	147	622	99%
CZECH REPUBLIC	May - 14	28	268	1,253	1,549	98%
DENMARK	Aug - 99	2	1,693	321	2,016	99%
DOMINICA	May - 14	9	22	66	97	91%
DOMINICAN REPUBLIC	May - 14	42	7,039	1,177	8,258	99%
ECUADOR	Feb - 18	26	19	4,176	4,221	99%
EGYPT	Feb - 13	36	24	922	982	96%
EL SALVADOR	Oct - 18	23	3	2,451	2,477	99%
ERITREA	Jan - 18	1	14	7	22	95%
ESTONIA	Jul - 11	0	42	48	90	100%
ETHIOPIA	Apr - 17	4	95	90	189	98%
FIJI ISLANDS	Nov - 18	29	6	62	97	70%
FINLAND	Nov - 99	2	1,019	177	1,198	99%
FRANCE	Mar - 92	104	12,267	4,141	16,512	99%
FRENCH POLYNESIA	Aug - 19	5	0	37	42	88%
GAMBIA	Jan - 19	3	2	21	26	88%
GEORGIA	Apr - 18	1	9	22	32	97%
GERMANY	Oct - 90	303	33,308	7,681	41,292	99%
GHANA	May - 14	11	372	206	589	98%
GREECE	Dec - 03	72	9,979	13,518	23,569	99%
GRENADA	Dec - 99	15	125	62	202	93%
HAITI	Dec - 00	1	7	199	207	99%
HONDURAS	May - 18	23	3	1,075	1,101	98%
HONG KONG	Nov - 99	68	1,511	959	2,538	97%
HUNGARY	Apr - 05	18	780	1,518	2,316	99%
ICELAND	May - 13	1	57	75	133	99%
INDIA	May - 11	61	1,227	1,833	3,121	98%
INDONESIA	Oct - 14	10	105	404	519	98%
IRELAND	May - 95	201	8,707	1,512	10,420	98%
ISRAEL	May - 03	528	5,888	6,747	13,163	96%
ITALY	Feb - 93	311	25,113	3,325	28,749	99%
JAMAICA	Apr - 00	203	279	1,529	2,011	90%
JAPAN	Apr - 05	79	82,011	6,989	89,079	99%
JORDAN	Apr - 14	4	37	580	621	99%
KENYA	Feb - 18	0	72	222	294	99%
LAOS	May - 17	26	85	57	168	85%
LATVIA	Aug - 15	0	103	105	208	99%
LEBANON	Jun - 16	26	484	345	855	97%
LIBERIA	Feb - 18	1	8	49	58	98%
LITHUANIA	Feb - 13	1	125	94	220	99%
LUXEMBOURG	Feb - 13	4	138	77	219	98%
MACAO	Dec - 18	17	22	18	57	70%
MACEDONIA	Apr - 17	1	244	57	302	99%
MALAYSIA	May - 17	12	90	302	404	97%
MALTA	Nov - 99	2	567	238	807	99%
MARSHALL ISLANDS	Dec - 18	8	0	41	49	99%
MARTINIQUE	Aug - 15	15	11	13	39	62%
MEXICO	Oct - 03	114	41,017	21,591	62,722	99%
MICRONESIA	Dec - 18	18	0	84	102	99%
MOLDOVA	Aug - 19	1	0	17	18	99%
MONACO	Oct - 14	0	52	45	97	100%
MONTENEGRO	Jan - 18	1	45	40	86	99%
MOROCCO	Jan - 18	10	85	125	220	95%
MYANMAR	Aug - 19	2	1	15	18	89%
NEPAL	Aug - 19	11	0	20	31	65%
NETHERLANDS	May - 00	20	5,036	1,041	6,097	99%
NEW ZEALAND	Mar - 00	43	1,211	1,028	2,282	98%
NICARAGUA	May - 18	6	2	2,375	2,383	99%
NIGERIA	Jun - 16	7	149	103	259	97%
NORWAY	Aug - 90	3	6,034	475	6,512	99%
PAKISTAN	Nov - 17	56	226	293	575	90%
PALAU	May - 19	6	0	111	117	95%
PALESTINIAN TERRITORY	May - 19	44	65	317	426	99%
PANAMA	Aug - 08	12	1,695	1,238	2,945	99%
PARAGUAY	Oct - 17	10	63	112	185	95%
PERU	Aug - 15	32	9	2,580	2,621	99%
PHILIPPINES	Feb - 18	226	62	36,008	36,296	99%
POLAND	Apr - 04	614	8,007	24,561	33,182	98%
PORTUGAL	Dec - 96	319	10,340	2,536	13,195	98%
QATAR	May - 19	1	4	21	26	96%
ROMANIA	Aug - 15	1	1,026	549	1,576	99%
RUSSIA	Nov - 17	10	19	341	370	97%
SAN MARINO	Oct - 14	0	359	18	377	99%
SAUDI ARABIA	May - 19	6	0	56	62	99%
SENEGAL	Dec - 18	10	18	39	67	99%
SERBIA	Sep - 17	40	284	1,058	1,382	97%
SIERRA LEONE	Apr - 17	1	22	13	36	97%
SINGAPORE	Feb - 13	14	95	307	416	97%
SLOVAKIA	Feb - 13	18	160	385	563	97%
SLOVENIA	Feb - 13	2	124	56	182	99%
SOUTH AFRICA	Aug - 99	6	424	374	804	99%
SOUTH KOREA	Jan - 15	1,420	3,812	1,513	6,745	79%
SPAIN	Dec - 95	49	10,498	2,362	12,909	99%
SRI LANKA	Jun - 17	22	60	132	214	90%
ST KITTS	Nov - 99	35	17	60	112	69%
ST LUCIA	Feb - 00	25	46	80	151	83%
ST MAARTEN	Jan - 08	9	4	21	34	74%
ST VINCENT	Mar - 00	18	36	37	91	80%
SUDAN	Jan - 19	27	0	3	30	10%
SURINAME	Feb - 18	13	0	10	23	43%
SWEDEN	Jul - 96	2	5,937	853	6,792	99%
SWITZERLAND	Jul - 99	246	6,021	1,369	7,636	97%
TAIWAN	Feb - 18	72	306	2,306	2,684	97%
TANZANIA	Feb - 18	0	14	47	61	100%
THAILAND	Nov - 18	117	151	7,068	7,336	98%
TRINIDAD AND TOBAGO	Jul - 99	126	56	904	1,086	88%
TUNISIA	Jun - 16	2	31	36	69	97%
TURKEY	Feb - 13	43	646	510	1,199	96%
TURKS AND CAICOS	Aug - 19	0	0	15	15	100%
UGANDA	Jan - 19	4	5	49	58	93%
UNITED ARAB EMIRATES	Jan - 19	5	19	129	153	97%
UNITED KINGDOM	Jun - 87	194	29,016	8,643	37,853	99%
URUGUAY	May - 18	9	8	902	919	99%
VIETNAM	Feb - 18	129	77	422	628	79%
WESTERN SAMOA	Apr - 13	0	161	29	190	100%
TOTAL FOR IDD COUNTRIES		15,469	420,752	253,474	689,695	98%

 

COUNTRIES WITHOUT SSA'S
INTERNATIONAL DIRECT DEPOSIT
 

COUNTRY		NUMBER OF CHECK PAYMENTS	INTERNATIONAL PAYMENTS	DIRECT DEPOSIT PAYMENTS THROUGH U.S. BANKS	TOTAL PAYMENTS	% DIRECT DEPOSIT
AFGHANISTAN		0	0	9	9	100%
*ALAND ISLANDS		0	24	2	26	100%
*ANDORRA		0	17	13	30	100%
ANGOLA		0	0	3	3	100%
*ARMENIA		1	1	60	62	98%
AZERBAIJAN		0	0	7	7	100%
BELARUS		0	0	13	13	100%
*BENIN		1	1	1	3	67%
BOTSWANA		1	0	14	15	93%
BRUNEI		2	0	0	2	0%
BURKINA FASO		2	0	3	5	60%
BURUNDI		0	0	1	1	100%
CAMEROON		2	0	16	18	89%
COOK ISLANDS		0	0	12	12	100%
COTE D'IVOIRE		1	0	7	8	88%
DEM REP OF CONGO		0	0	4	4	100%
EAST TIMOR		0	0	2	2	100%
FALKLAND ISLANDS		0	0	2	2	100%
*FAROE ISLANDS		0	12	2	14	100%
GABON		0	0	1	1	100%
*GIBRALTAR		0	6	3	9	100%
*GREENLAND		0	1	4	5	100%
*GUADELOUPE		6	3	4	13	54%
*GUATEMALA		5	2	1,975	1,982	99%
*GUERNSEY		0	31	9	40	100%
GUINEA		0	0	4	4	100%
*GUYANA		7	2	245	254	97%
IRAQ		4	0	25	29	86%
*ISLE OF MAN		0	42	17	59	100%
*JERSEY		0	34	10	44	100%
KAZAKHSTAN		1	0	6	7	86%
*KUWAIT		0	1	11	12	100%
KYRGYZSTAN		3	0	5	8	63%
LESOTHO		0	0	5	5	100%
*LIBYA		0	1	8	9	100%
*LIECHTENSTEIN		0	6	15	21	100%
MADAGASCAR		1	0	7	8	88%
MALAWI		1	0	10	11	91%
*MALI		0	2	9	11	100%
*MAURITANIA		1	2	4	7	86%
*MAURITIUS		1	4	29	34	97%
MONGOLIA		0	0	8	8	100%
*MONTSERRAT		8	1	15	24	67%
*MOZAMBIQUE		0	2	5	7	100%
*NAMIBIA		0	1	18	19	100%
*NEW CALEDONIA		1	1	7	9	89%
NIGER		1	0	4	5	80%
*NIUE		0	1	0	1	100%
OMAN		0	0	9	9	100%
*PAPUA NEW GUINEA		0	2	11	13	100%
REPUBLIC OF CONGO		0	0	2	2	100%
REUNION		0	0	3	3	100%
RWANDA		0	0	2	2	100%
SEYCHELLES		0	0	9	9	100%
SOLOMON ISLANDS		1	0	2	3	67%
SOMALIA		0	0	5	5	100%
*ST BARTHELEMY		0	1	0	1	100%
ST HELENA		0	0	1	1	100%
*ST MARTIN		7	4	17	28	75%
*SWAZILAND		0	1	12	13	100%
*SYRIA		12	11	11	34	65%
TOGO		2	0	5	7	71%
*TONGA		2	1	12	15	87%
TURKMENISTAN		0	0	1	1	100%
*UKRAINE		6	3	163	172	97%
*VANUATU		0	3	2	5	100%
*VENEZUELA		5	4	172	181	97%
YEMEN		0	0	60	60	100%
*ZAMBIA		0	3	17	20	100%
*ZIMBABWE		10	1	20	31	68%
TOTAL FOR NON-IDD COUNTRIES		95	232	3,170	3,497	97%
TOTAL FOR ALL COUNTRIES		15,564	420,984	256,644	693,192	98%

 

*Beneficiaries who live in these countries are re-routing their international direct deposit (IDD) payments to countries that participate in SSA’s IDD program.
**Payments made via license agreement
 

 

 

Edited September 29, 2019 by Mike J
removed embedded links

[Arizona Kid]

10 hours ago, Mike J said:

And another 226 receive the payment via a paper check.

Amazing that some people still get paper checks. On my first ship that I was on in the Navy, Payday pay was given in cash. Officers were paid first of course, then CPO's. After that the 1MC loudspeaker would announce " payday for the crew" Had to stand in line in the mess hall to get my measly money. At least I had food to eat and a place to sleep!

[Mike J]

22 minutes ago, Arizona Kid said:

Had to stand in line in the mess hall to get my measly money.

And you had to come to attention, salute, and say the magic words; "Sir, your rank & name, reporting for pay."   As if they didn't already know why you were there, and the name was sewn on your shirt. 

[OnMyWay]

17 hours ago, Mike J said:

If I read it correctly, and I am not sure that I am, it would seem that there are only 62 out of 36,000 plus beneficiaries who have the payments directed to a Philippine bank.

I read it the same as you but I find it hard to believe.  Do you have a link I can look at?  My two kids get DD to BPI and DD to a PH bank, when the kids live here, is a requirement.  There must be thousands of kids getting SS here.  Even the 36,000 total sounds low.