TN 93 (02-18)

A. Background for coding Taiwan bank data

This section describes how to code bank data for international direct deposit (IDD) of Title II benefits to a financial institution (FI) in Taiwan.

We store IDD bank data on the MBR in the same fields used for U.S. direct deposit. Special coding identifies the bank data as a Taiwan direct deposit. This allows us to route benefit payments through the Federal Reserve Bank of Kansas City (FRBKC) and the processor bank in Taiwan to the beneficiary's local FI.

If you receive an IDD request in a U.S. domestic (i.e., non-border) field office (FO), forward all appropriate information to the Office of Earnings and International Operations, (OEIO), Division of International Operations (DIO) to process.

For detail on IDD requests and forwarding information, see:

• GN 02402.201 Background and Policy for Direct Deposit Outside the U.S.

• GN 02402.205 Direct Deposit Enrollment Outside the U.S.

• GN 01010.255 Adjudication of Foreign Claims

• GN 01702.310C Routing of Claims for U.S. Benefits Involving Totalization

B. How we receive IDD bank data

We receive requests to input bank data by mail, phone, or fax in the following formats:

• Blank check;

• SSA-1199 International Direct Deposit Signup Form for Taiwan; or

• Any document that contains required banking information.

If you receive information with discrepancies, see the following instructions:

• GN 00203.020 Identity of Claimants

• GN 02402.025 Direct Deposit Post Entitlement Interview

C. Multi-country contract

The processing FI in Taiwan have a prefix of “68” at the beginning of the Routing and Transit Number (RTN).

The first letter of the Depositor Account Number (DAN) field has the letter “K” assigned for Taiwan.

D. Overview of IDD for Taiwan

IDD payments sent to Taiwan must be in Taiwan Dollars (TWD) accounts at local FIs.

The beneficiary must provide complete information to DIO or the Federal Benefits Unit (FBU) for input.

DIO faxes incomplete forms to the FBU that serves Taiwan.

The FBU contacts the beneficiary or FI for the additional information.

E. Description of IDD bank data for Taiwan

The FRBKC relies on us to provide the complete bank data to ensure correct posting of payments to a customer’s account. If the information is incomplete, the FRBKC rejects the payment and returns the funds to us.

The bank data on the MBR reflects 25 characters including the country code of K.

F. Policy to code bank data for Taiwan

The FRBKC relies on us to provide the complete bank data to ensure correct posting of payments to a customer’s account. If the information is incomplete, the FRBKC rejects the payment and returns the funds to us.

When you use our system to establish or change IDD bank data for Taiwan (e.g. Modernized Claims System (MCS), Manual Adjustment Credit and Award Data Entry (MACADE)), you must go to ITS.gov to enter:

• account ownership;

• account type;

• account number;

• bank name;

• bank address;

• beneficiary address;

• beneficiary phone number

• country;

• enrollment status;

• first and last name of the beneficiary;

• payee indicator;

• Society for Worldwide Internet Financial Telecommunication-Business Identifier Code (SWIFT-BIC).

1. Special forms required for direct deposit processing

Payments to FIs in Taiwan require a Beneficiary Endorsement Form and a FX Declaration Form under certain conditions.

Refer to the chart in this section for guidance.

2. Obtain Swift-BIC code from the FI

The SWIFT code contains a minimum of 8 characters, and a maximum of 11 characters:

• first four characters - bank code (alpha only);

• next two characters - ISO 3166-1 alpha 2 country code (alpha only);

• next two characters - location code (alpha and numeric) (passive participants have "1" in the second character); and

• last three characters - branch code, optional ('XXX' for primary office) (alpha and numeric).

3. Process initial award

Prior to processing an initial award, you must update ITS.gov with the bank account information to ensure that the beneficiary receives his or her payment.

If the complete bank account information is not in ITS.gov when the payment processes, the payment rejects and returns to our agency.

4. Add or update bank data using our systems

When you add or update IDD bank data using our system (e.g. Post Entitlement Online System (POS), MACADE), you must:

• update ITS.gov on the same day;

• enter all POS direct deposit changes according to normal procedures;

• use the chart in this section when you process within four business days of the current operational month (COM) cutoff date.

G. Example of coding bank data for Taiwan

The customer provides us with a signup form for Russia containing the account number “12345678901234.”

1. Derive the RTN

Enter the information for the RTN.

• Code the RTN of 680000077

• Code the type of account as a “C” for checking or an “S” for savings. If no account type indicated, use a “C” for checking.

2. Derive the DAN

Code the DAN for Taiwan

• Start with the country code of “K” designated for Taiwan; and

• Code 14-digit account number “12345678901234”.

a. You must obtain this information

• RTN: 680000077

• Checking

• DAN: K12345678901234

b. The POS coding reflects this information

• DIRECT DEPOSIT ROUTING TRANSIT NUMBER: 680000077

• ACCOUNT TYPE (C/S): C

• DEPOSITOR ACCOUNT NUMBER: K12345678901234

• CANCEL DIRECT DEPOSIT (Y):

• DIRECT EXPRESS (Y):

c. The MBR reflects this information

• RTN:680000077

• DAN:CK12345678901234

H. References

• GN 00203.020 Identity of Claimants

• GN 01010.255 Adjudication of Foreign Claims

• GN 01702.310C Routing of Claims for U.S. Benefits Involving Totalization

• GN 02402.025 Direct Deposit Post Entitlement Interview

• GN 02402.201 Background and Policy for Direct Deposit Outside the U.S.

• GN 02402.205 Direct Deposit Enrollment Outside the U.S.

• ITS.gov International Treasury Services (U.S. Treasury system)