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 our agency. When you use an SSA system to establish
or change IDD bank data for Russia (e.g. Modernized Claims System (MCS), Manual Adjustment
Credit and Award Data Entry (MACADE)), you must go to ITS.gov to enter:
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account number, enter in the “Account Number Field”;
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first and last name of the beneficiary;
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Society of Worldwide Internet Financial Telecommunication-Business Identifier Code
(SWIFT-BIC)
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payee’s 12-digit Tax Payer Identification (Individualiy Nomer Nalogoplatelshika (INN)),
enter in the “Beneficiary ID field”;
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nine-digit Bank Identifier Sort Code (BIK) and 20-digit Correspondent Account Number
for the Central Bank of Russia.
Enter the BIK and the Correspondent
Account Number together in the “Country Bank Info Field” in ITS.gov.
EXAMPLE: The “5” represents the Russia BIK and the “7” represents the Correspondent Account
for the example in this section: “55555555577777777777777777777.”
The Correspondent Account Number is different from the 20-digit Customer Account Number. Enter the Customer Account Number in the
“Account Number” field in ITS.gov.
1. Obtain SWIFT-BIC code from the FI
The SWIFT code contains a minimum of 8 characters and a maximum of 11 characters:
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First four characters - bank code (only letters);
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Next two characters - ISO 3166-1 alpha-two country code (only letters);
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Next two characters - location code (letters and digits) (passive participants have
"1" in the second character); and
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Last three characters - branch code, optional ('XXX' for primary office) (letters
and digits).
2. Process initial award processing
Prior to processing an initial award, you must update ITS.gov with the bank account information to ensure that the beneficiary receives payment.
If the complete bank account information is not in ITS.gov when the payment processes, the payment rejects and returns to our agency.
3. Add or update bank data in an SSA systems
When you add or update IDD bank data in an SSA system (e.g. Post Entitlement Online
System (POS), MACADE), you must:
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update ITS.gov on the same day;
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enter all POS direct deposit changes according to normal procedures;
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use the chart in this section when you process within four business days of the current
operational month (COM) cutoff date.
Step
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Action
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1
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Are you coding an initial claim?
If yes, go to step 3.
If no, go to step 2.
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2
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Is the beneficiary's address on the MBR in a foreign country (PCOC = 8)? If no, STOP.
REASON: The MBR does not accept the IDD information unless the address is in a foreign country.
If yes, go to step 3.
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3
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Is the beneficiary's account a USD account in Russia? If no, STOP.
REASON: Beneficiaries in Russia can only receive IDD payments in USD accounts.
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4
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The RTN is 680000103 for all IDD to Russia.
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Multi-country prefix for Russia IDD is “68”
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U.S. check digit code for all IDD accounts in Russia is “3” at the end of the RTN.
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No need to obtain the check digit code from Title II Interactive Comps.
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5
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Code the account type:
If the beneficiary does not indicate an account type, use a “C” for checking account.
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6
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To code the Depositor Account Number (DAN) for Russia, code as follows:
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“Q” is designated for Russia
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16 digits of the 20-digit Customer Account Number
NOTE: The Customer Account Number is different from the Correspondent Account Number.
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7
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You must take action on the same business day to enter all the information into ITS.gov listed in the introduction of GN 02402.392F in this section.
You must access ITS.gov or ask a co-worker to update the required information into ITS.gov.
REMINDER: When information is not available, FRBKC rejects the payment and returns it to our
agency.
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