Just another update.I did not receive my direct deposit on Monday,the 1st.Called military finance office and they said it was returned,wrong account number.It seems that the transaction from the treasury to my account does a exchange first and only send countrys currency,pesos in this case,and they use the current wholesale price of the peso versas dollar.So I changed my account number to my peso account and received an exchange of $23.70 dollars to a 1000 pesos,or about 41.95.Wow,best thing yet,and now do not even have to exchange dollars.
So,if any retired military out there that were going to do a direct deposit,keep that in mind{it was on the web site,but I overlooked it}
Your payment will be converted from U.S. dollars to local currency two business days prior to the U.S. payment date, using a wholesale exchange rate. IDD puts your money directly into your local bank in local currency. If you reside in Canada, and have a U.S. dollar account, you may elect to receive your payment electronically in U.S. dollars. This option is only available in Canada.}
bob
They told me they do this as some countries where expats live have a hard time exchanging dollars and tend to get ripped off.
Yes,and all I was doing is giving info to any military retiree here who wants direct deposit,it is now available.
Up to now,it was not possible,but with the gov in us stopping all mailing of checks,they had to take care of the thousands of retired military that live abroad.
Bob