GN 02402.355: Coding Argentina Bank Data on the Master Beneficiary Records (MBR)
Effective Dates: 09/14/2016 - Present TN 53 (05-14)
- GN 02402.355 Coding Argentina Bank Data on the Master Beneficiary Records (MBR)
This section describes how to code bank data for international direct deposit (IDD) of title II benefits to a financial institution (FI) in Argentina. The Social Security Administration (SSA) stores bank data on the Master Beneficiary Record (MBR) in the same fields used for United States (U.S.) direct deposit. Special coding identifies the data as an Argentinian direct deposit and allows SSA to route benefit payments through the Federal Reserve Bank of Kansas City (FRBKC) and the processor bank in Argentina to the beneficiary's FI. NOTE: U.S. domestic (i.e., non-border) field offices (FOs) should not attempt to process an IDD request for this country. U.S. domestic FOs must forward all appropriate information to the Office of Earnings and International Operations, Division of International Operations (OEIO, DIO) for processing (For more information on forwarding IDD information, see GN 02402.205C, GN 01010.255, and GN 01702.310C). A. Where to obtain bank data
- We receive requests to input bank data by mail, phone, or fax in the following formats:
* a blank check, * an SSA-1199 (International Direct Deposit Signup Form for Argentina) (see GN 02402.355G in this section), or * any document that contains the required banking information. NOTE: If upon receipt of the information, there are any discrepancies, follow instructions in GN 00203.020 and GN 02402.025. B. Multi-country contract The processing FI in Argentina will have a prefix of “66” at the beginning of the routing and transit number (RTN). The first letter of the depositor account number (DAN) field has the letter “A” assigned for Argentina. C. Overview of IDD for Argentina IDD payments sent to Argentina must be in U.S. dollar accounts at local FIs. The beneficiary must provide complete information to the Embassy, Consulate or DIO for input. DIO will fax incomplete forms to the Federal Benefits Unit (FBU) at the U.S. Embassy or Consulate that serves that territory. The FBU will contact the beneficiary or FI for additional information if needed. D. Description of Argentinian direct deposit data The data for coding Argentinian IDD will come from banks that the FRBKC has determined can receive IDD payments. The FRBKC identified and listed the participating FIs on the International Treasury Services (ITS.gov) website as part of the ITS help file. If you do not have access to ITS.gov, to verify bank codes when processing direct deposit to Argentinian banks, refer to the listing located in GN 02402.355H in this section. The IDD coding for Argentinian FIs consists of up to 26 characters including the country code of “A” for Argentina. The account number contains: * a 9-digit RTN 6600BBBBX: where “66” is the country code field, position 3 and 4 are filler “0s”, BBBB = 4-digit bank code, and X = the check digit code; and * a DAN AAAAAAAAAAAAAAAAA: which consists of a country code of “A” for Argentina, followed by the account number (up to 16–digits in length). NOTE: Account type when enrolling in International Treasury Services (ITS.gov) can be defaulted to checking if there is no indication of whether the account is a checking or a savings account. E. Procedure for coding Argentinian routing and account numbers The FRBKC relies on SSA to provide the complete bank data to ensure correct posting of payments to a customer’s account. If the information is incomplete, the FRBKC will reject the payment and return the funds to SSA. You can code bank data for Argentina through ITS.gov when establishing or changing IDD or use an SSA system (e.g., POS, MACADE). When using ITS.gov, bank data will post to the MBR within 4 business days. 1. Initial award processing If you are working on an initial award, you must update ITS.gov using the bank account information prior to processing the award to ensure that the beneficiary will receive his or her payment. If the complete bank account information is not in ITS.gov when the payment processes, the payment will reject and return to SSA. 2. Adding or updating bank data using SSA systems If you use an SSA system (e.g., POS, MACADE) to add or update bank data to an MBR, do not input the bank account information into ITS.gov as the information will transfer to ITS.gov on the next business day. NOTE: If it is within 4 business days of the current operating month (COM) cut-off date, use the procedure outlined in the chart to code bank data to the MBR using an SSA system.
- Are you coding an initial claim?
If yes, go to step 3. If no, go to step 2.
- Is the beneficiary's address on the MBR in a foreign country (PCOC = 8)?
If yes, go to step 3.
- If no, STOP.
- REASON: The MBR will not accept the IDD information.
To derive the 9-digit RTN for Argentina, code as follows: * prefix of 66 (the multi-country prefix SSA and FRBKC designated to use for IDD to Argentina), * 2 filler “00”s, * 4-digit bank code based on FI name after verifying accuracy against either the ITS.gov help file, or the listing in GN 02402.355H in this section, * 1-digit check code, (obtained through Title II Interactive Comps). NOTE: The final digit is the U.S. check digit code and is subject to change. Obtain check digit code through the Title II Interactive Comps from the Main Menus 07/Sub Menu 16.
Code the Type of Account as an “S” for savings or a “C” for checking. If no indicated account type, use a “C” for checking account.
- To code the DAN for Argentina, code as follows:
- * “A” designated for Argentina, and
* account number (up to 16–digits in length).
- NOTE: SSA sends IDD payments for Argentina only in U.S. dollar accounts.
F. Examples of coding Argentinian bank data The customer provides us with a sign-up form for Argentina containing the following information: * Bank Code: 1234, and * Account Number: 5678901234567890. 1. Derive the RTN To derive the RTN, code as follows: * prefix of “66” (the multi-country prefix for Argentina), * 2-filler zeros “00”, * 4-digit bank code “1234” after verifying accuracy against either the ITS.gov help file or the listing in GN 02402.355H in this section, * 1-digit check code (i.e., 8) (obtained from the Title II interactive Comps from the Main Menus 07/Sub Menu 16), * type of account as a “C” for checking or an “S” for savings. If there is no indicated account type, use a “C” for checking. 2. Derive the DAN To derive the DAN, code as follows: * “A” (for Argentina), * 16-digit account number 5678901234567890. The coder will obtain the following: RTN: 660012348 Checking DAN: A5678901234567890 The coding in POS will reflect: DIRECT DEPOSIT ROUTING TRANSIT NUMBER: 660012348 ACCOUNT TYPE (C/S): C DEPOSITOR ACCOUNT NUMBER: A5678901234567890 CANCEL DIRECT DEPOSIT (Y): DIRECT EXPRESS (Y): The MBR will reflect the following information: RTN-660012348 DAN-A5678901234567890 G. Exhibit of Form SSA-1199 (Argentina) International Direct Deposit Signup Form for Argentina View PDF Version
- H. Argentina bank codes
- Bank Codes for Argentina
- View PDF Version
x← This means that the line was removed and was added – in other words, the "Effective Dates" line at the top of the document has been updated to reflect that the new version is effective as of the date the change was made.