US citizen needs to open US bank account for retirement benefits

Finance, Taxes, Banking, Insurance and Retirement
1
How do you guys deal with retirement direct deposits if you don't have a US bank account anymore? I have a revolut account (Swiss) with USD "account" (all the designations of a US savings account such as ACH routing and bank account nr. and I wonder if that could work as a deposit account. Not sure if those revolut "accounts" qualify under the National Automated Clearing House Association rules. Or is here a way to open a real US bank account from afar? Thanks.

2
Giving this a bump

My situation not retirement related payment (yet) but transfer of funds from an inheritance. My brother is the executor of our father’s will, the bank giving friction to transfer to a Wise or Revolut account.

3
In a similar situation I had my brother transfer the money from his bank to my USB account in dollars. I immediately transferred the dollars to my wise account and converted them to francs.

Paid a few fees along the way but a lot less than if I’d let the banks do the conversion.

4

Here You go
https://www.americansabroad.org/sdfcu-account/
Problem solved!

5
Searching another thread I came across same link posted by robBob a few years back - does anyone have experience (the good and the bad) using one of these accounts?

6
Do you mean about the SDFCU account specifically, or with US credit unions?

I don't have an account with SDFCU, but I can share my experiences with other credit unions if that is of interest.

7
UBS does Swiss based accounts in USD, not sure if that would solve your problem.

8
See my post above.

9

Been with SDFCU along with most US federal government employees for years

10
This got me thinking.

What about those of us who are not US citizens, but whose spouses are? In other words, I may be eligible for a small monthly SS pension through my spouse at some point, but I am not a US citizen. In their FAQs, I see I can't open an SDFCU account.

11
Nobody answered the question about whether Revolut is a valid option, even though that's usually a hot topic on EF ?

12
I can't speak to Revolut, since I use Wise and have not had issues with it.

There was a time with Wise that you did not have your own account number, you had to use the more onerous (and risky) FBO information for the ACH.

Now you get your own account number with them, and for those instances where I need someone to send me USD, it works without issues.

I'm getting a tax refund from the IRS as soon as I can complete my filing, and the big test for me is to see if they'll send the refund to my Wise account.

13

So your significant other can open the account and make you a partner.