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No, no. You don't need to return to the US to set up DD. Can all be done online or on the phone. Social security can all be set up while here in the Philippines at the SSA office in Manila.

For myself I use BPI. But many are also happy with DBO, Metrobank, PNB. They all do SSA direct deposit.

@piratecovephilippines4711 Thanks for your reply. I also like BPI bank for ssa deposit. Also, when you open a u.s.dollar ssa direct deposit account. Can that account be a checking or savings account or is it only for the ssa deposit.

@@piratecovephilippines4711 my last question. Do I get the documents I need from the BPI bank and send them to social security in manila or does the ssa in manila send the documents to me from manila to open the account. Basically the process to open the direct deposit ssa account. Thank you so very much.

@dennisdesmarais3778 , the SSA office will send the direct deposit form alone with an endorsement letter.

@@piratecovephilippines4711 thanks. Why did you choose BPi bank for your ssa direct deposit?

No. For the SRRV the deposit is put into a special account and you do not have access to the funds

Yes it will, but getting the filters could be a problem as they will fill up fast here.

That's why I have everything direct deposited to my Philippines bank. Never a problem going on ten years.

The 13A is a great visa, you will be happy with it. Nothing has changed with the process in my videos, but if you have any questions please let me know, always happy to help out.

Also you have to use A passbook to access your account personally no ATM withdrawal , No transfer or use it for payments. U have to open another savings account.

I'll have to look at that again, guess I didn't say. But you more than make up for it with the good exchange rates. The rates are the most important thing with money transfer.

@@rosaurotoledo6147 , yes, but that's all covered in the next video with all the details.

I looked at the video and I did say I would have another video with all the details about direct deposit to a Philippines bank.

I only lost about $2 in the exchange $ to ₱ in Western union + .99 cents for service fee total $3.00 so I still lost $3.50 the bank manager didn’t even tell me upfront you won’t get the exact amount you get from U.S. Bank so there is deceiving also the initial deposit now is $ 100.00 no more $5 like you said in the past of your blog.only the waiting period is longer 4-7 days to get it to my BDO peso account. It’s a pain I the neck get the money in BPI deposit it to my BDO savings account. Cause I don’t have any account except for that Foreign Currency savings Account. For the record The FBU confirmed that the difference of $6.50 on my pension was the transfer fee of that 4348 elink remittance portal. It’s not direct coming from SSSA treasury to BPI .Just to klet people know that they won’t get the exact amount of their pension kin the U.S. Bank if they transfer it in the Philippines 🇵🇭 local bank.

Only takes one to two months depends on when you requested the change.

@@piratecovephilippines4711 would it be quicker to receive my September benefits mailed to me if they social security gets returned check back in within the next week .I appreciate your reply ty

Most banks will have an employee go to your hospital or home and take care of your transaction. They often have a rep they does nothing but private service as rich Filipinos don't wait in line at the bank. Of course a small fee will be required. I know a couple of guys did this while in the hospital.

Thanks for watching

He must find a company to hire him and apply for a work permit, only then can he get a working visa. Best way is to get the 13A permanent resident visa, then he can work , no work visa or permit required.

Thanks a lot sir for answered my question 😊

Thanks for the support.

Good day, yes we must get together. Look for me on Facebook, Walter Lavinder

Been doing it for many years, we just download the form and send back to the US via PhilPost P145. So simple, no problem. I laugh at all you " THE SKY IS FALLING" guys.

@@piratecovephilippines4711 Sky is falling, Your just a jerk and luck you haven't been a victim of the SS.

Thanks for watching

Yes it's no problem and they want that way with the holes. Thanks for watching. Let me know your questions anytime.

@@piratecovephilippines4711 Thank you so much for the response.

Paano po ang inyong ginawa para madeposit ang SS ninyo sa US dollar sa HSBC ? Pa share po...at salamat po....retired na rin po ako at gusto na naming umuwi sa Pinas.

He got a lawyer, font know how much but said that immigration worked to lower the fines and everything worked out good.

And why would that be a problem ? I'm not hiding from the IRS 😂

@@piratecovephilippines4711 Seriously, I wouldn't treat this lightly. Your Phils bank reports to the USA IRS anytime your account exceeds $10K (they must be agreement). Many expats save part of their SSA every month so it will easily add up beyond $10K... actually, you SHOULD be saving more than that, right? If you happen to forget or just neglect to send IRS that FATCA for or FBAR, it is a serious violation, and you will get severely penalized. You will be considered a potential money launderer. It is one of the negatives of opening a bank account here or in any foreign country and your use of that stupid emoticon indicates your ignorance of the law and, basically, nobody can fix stupid. Good luck.

Bank employee with come to the hospital and take care of the transaction. They do this all the time, wealthy people here don't go into the bank , it's very common. I have 2 personal friends that the bank came to the hospital for one and the home of another.

@@piratecovephilippines4711 This sounds so ridiculous that I know you can't make it up so it must be true. However, no rich people that I know have personal courier delivery service to their homes from the banks, but I will say this, they had better not deposit more than P500,000 ($10,000) in their high value accounts because that is the limit of their deposit insurance (meaning that rich people do not deposit their money in passbook savings accounts lol).

Thanks for watching

SSN ???

No

No, they have no US banks of any kind here. Some Philippines banks have US partner banks , that's great for transfers but accounts are not connecting. Same with PNB has some US branches but don't have accounts that connect.

Yes, it's definitely so much easier. Thanks for watching

Yes I have land bank also no lines in and out, an very great people 😉

@jamesgilbert2181 Can you have your USA sss pension direct deposited in your land bank account in philippines ? Do you direct deposit as US dollars ? Thanks for your information.

@gratitudetouniverse777 , I believe that land bank is on the list to receive SSA direct deposits. Definitely use a dollar account as you have control over when you do the exchange to pesos. You will receive a much better exchange rates that way. Thanks for watching.

@@gratitudetouniverse777 yes mine comes in dollars which is good because the bank gives top exchange rate

I have a couple of friends here in town that have pensions direct deposited to their Philippines bank, but I don't know how all the systems in the UK work. Thanks for watching.

@@piratecovephilippines4711 it’s similar I think to the usa but the uk banks do t like keeping accounts open if they know the person doesn’t live here any more. There are some accounts in the Chanel islands for ex pats plus im looking at keeping some money in a phone of Philippine banks.

Yes, the SS office in Manila will help set up the bank account, they have an endorsement letter for the bank and makes it very easy.

You can do it all online or in person at the SS office in Manila.

Thanks for watching, any questions please send me, I always respond .

@@piratecovephilippines4711 thank you again!

You don't have to set anything up before you move here and you don't have to return to the US to file You can file online 90 days before you turn 62 or you can file in person at the SSA office in Manila at the US embassy. It's really easy to do and not a problem at all. If you use your Philippines address or have direct deposit into a Philippines bank then you need to send the SSA form 7162 to the address in the US each year. Each year they seen the form to you but many don't receive it. Most of us just download the form, fill out the simple 4 question and send it to the US . It's not a problem at all.

So happy to hear this. Thank you. Ok off to binge on your other videos 😊

@@JulienSorelEatsSabras , thanks so much for watching, any questions you have, let me know.

I have never been back to the US in 10 years and no plans to do so. Thanks for watching.

I know many that use BDO and are happy with them.

How long have you been here.

@@piratecovephilippines4711 59 days tomorrow my flight leaves the day after

59 days tomorrow my flight leaves the day after

@@piratecovephilippines4711 59 days tomorrow my flight leaves the day after

@@joescarper , Yes, that won't be a problem at the airport. But you can extend online and save yourself the fine.

Sorry for the delay, we were out shopping. When you get a new passport you take both new and old to the main immigration office in Manila and they do a transfer stamp into the new passport and staple the two together.

Yes, definitely. And it's much better to do in the US because you don't need to do the probation year they happens when you apply in the Philippines.

I thank you answering my question so quickly. I have another question: my wife and I are planning to retire to the Philippines in 3 years. She has dual citizenship (Philippines and USA). Do we need to make our American marriage certificate valid to the Filipino Embassy? Can we start the paperwork in the USA 6-9 month before departing for the Philippines? I’m trying to get as much information earlier. Thank you

@@bonjourincali , yes you will need to report the marriage to the embassy there. The 13A won't take to long to do there. One thing to keep in mind is once the visa is approved you need to report to the main immigration office in Manila within 6 months. So definitely adjust the timing so you don't have any problems. I have seen people wait months after moving here to report to immigration only to be told they must start the 13A visa processing all over again.

Thank you once again for your response. Are the paperwork requested for the visa 13a difficult to get? Also you mentioned that there will be no probation card (1 year) when the visa is applied within the USA? Is that correct? Please let me know. Thank you

@@bonjourincali , everything you need can be found on the US Philippines embassy website. I was told the staff at the embassy was very helpful with email communication. That's correct, no probation year, once you check in with the immigration office in Manila your visa will be permanent and they will issue you the 13A ACR I card.

Where is your GF from ?

​@@piratecovephilippines4711 shes from mexico, mexican citizen, we got 30 days on airport and initial visa waiver extension 29 days today so her stay is valid until june 2, her flight back to mexico is june 23 so we wanted to know if we can get philippine visa here on philippines, because were also gonna try to rebook her ticket to longer period of time if we can get her visa here else we can just proceed with the june 23 return ticket.

​@@piratecovephilippines4711please help

Thanks for watching, welcome home.

ph.usembassy.gov/services/social-security/

Thanks for watching

Thanks for watching

I did do mine online and it's definitely the best way to apply.

Thanks for your reply. Hopefully, it will save me lots of heartaches in the future.

Yes, US citizens must pay taxes wherever they live.

@@piratecovephilippines4711 ok im a dual citizen a Filipino American

So its ok I pay my taxes in the Philippines even my my social security come from here in the US?

@@piratecovephilippines4711 thank you very much for your info sir.

@@susanvan7359 , you only pay Philippines taxes if you earn money in the Philippines, they don't tax your US social security. Anything you receive from the US you must pay to the US if you owe taxes.