This section describes how to code bank data for international direct deposit (IDD)
of Title II benefits to a financial institution (FI) in Cayman Islands. 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 Cayman Islands direct deposit. This allows
us to route benefit payments through the Federal Reserve Bank of Kansas City (FRBKC)
and the processor bank in Cayman Islands 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 01702.310C Routing of Claims for U.S. Benefits Involving Totalization.