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 rejects
the payment and returns the funds to SSA. When establishing or changing IDD bank data
for Serbia, you can use an SSA system (i.e., Modernized Claims System (MCS), Manual
Adjustment Credit and Award Data Entry (MACADE), etc.). However, you must go to ITS.gov
to enter the following:
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beneficiary address (no P.O. box address allowed)
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first and last name of beneficiary;
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International Bank Account Number (IBAN);
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Society for Worldwide Internet Financial Telecommunication-Business Identifier Code
(SWIFT-BIC).
1. SWIFT-BIC code obtained 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 participant 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. 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 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 SSA.
3. Adding or updating bank data using SSA systems
You must update ITS.gov on the same day if you use an SSA system to add or update
bank data on the MBR (i.e. Post Entitlement Online System (POS), MACADE).
Enter all POS direct deposit changes according to normal procedures. Use the procedure
outlined in the following chart when you code IDD bank data in an SSA system for Serbia
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 Serbia?
If no, STOP.
REASON: Beneficiaries in Serbia can only receive IDD payments in USD accounts.
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4
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To derive the nine-digit RTN for Serbia, code as follows:
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prefix of 68, (the multi-country prefix SSA and FRBKC designated to use for IDD to Serbia).
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Code the one-digit check code (obtain 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.
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5
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Code the Type of Account as follows:
If no indicated 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 Serbia, code as follows:
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“T” designated for Serbia
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7
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You must take action on the same business day to enter full SWIFT and IBAN into ITS.gov,
along with the additional information listed in the introduction of GN 02402.395E.
If you do not have access to ITS.gov, ask a co-worker who has access to update the required information into ITS.gov. FRBKC needs all of this information to process the IDD payment. When this information
is not available, FRBKC will reject the payment and return it to SSA.
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