|
 Retired and Annuitant Pay:
International Direct Deposit (IDD)
|  |
| |
|
|
|
International Direct Deposit (IDD) is available to U.S. military retirees and annuitants living in certain overseas locations.
U.S. military retirees and annuitants receiving pay and living in eligible locations overseas can have their monthly payments sent directly to their local banks through the Defense Finance and Accounting Services’ (DFAS) International Direct Deposit Program.
The first phase of the program began in August 2005 when enrollment packages were mailed to retirees and annuitants living in the United Kingdom, Australia, Canada, France and Germany.
The second phase commenced in February 2006 when enrollment packages were sent to the retirees and annuitants living in the remaining 38 countries.
International Direct Deposit (IDD) will electronically deposit funds into an individual’s bank account, normally on the first business day of the month, just like stateside Direct Deposit Enrollees. Those retirees and annuitants currently receiving their pay by check will avoid problems that include postal delays, misrouted, lost or stolen checks. Each package will include instructions, an enrollment form and a return envelope to request IDD service. Completed enrollment forms should be returned using the return envelope provided.
Regarding the enrollment form, DFAS urges each enrollee to make sure the form is accurately completed and signed in order to achieve as early an enrollment as possible. Incorrect or incomplete enrollment forms will be returned unprocessed for correction, delaying your enrollment. Typed forms are preferable.
Take the opportunity and view the International Direct Deposit FAQs.
Questions or comments regarding retired pay: Contact Us
|
|
|
