I applied for a lump-sum pension withdrawl, but there was an issue with the paperwork. the only issue mentioned was,
"you cannot specify the Intermediary Bank."
the deposit account information is for my charles shwab account. I got a letter from the bank for prof of account ownership, and bank details.
The Banks letter:
Destination Bank: Citibank N.A., New York
SWIFT ID:xxxxxxx
Account Name Charles Schwab & Co., Inc.
account number: xxxxxxxx
Bank Address: "bank address"
For Further Credit To: "my name"
Are they denying the withdrawl because it mentions the Citibank as the intermediary?
dont all foreign transactions go through an intermediary?
How would I fix the issue?
ill be giving the pension office a call when they open on monday, but want to see if anyone here had any information.
would it be possible to change the destination bank to one other than Charles Schwab?
by mkalt00000002
