How To Transfer A Pension To A Card

Table of contents:

How To Transfer A Pension To A Card
How To Transfer A Pension To A Card

Video: How To Transfer A Pension To A Card

Video: How To Transfer A Pension To A Card
Video: How to Transfer a Pension to Vanguard | Vanguard UK Pension Transfer Tutorial 2024, December
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With a large number of ATMs and payment terminals, debit plastic cards are in great demand among the population, including pensioners. Savings books are a thing of the past and are being replaced by quite modern bank cards.

How to transfer a pension to a card
How to transfer a pension to a card

Instructions

Step 1

If you do not have a card, study the offers of banks. Many financial institutions offer a number of attractive tariff plans for the elderly category of citizens, for example, social debit cards or savings and retirement cards. Depending on the plan chosen, monthly interest will be charged, or various discounts will be given in grocery stores, as well as when paying for any services.

Step 2

After issuing the card itself and attaching an account to it, the bank employee will give you a login, password, the card itself, and details for crediting funds to it.

Step 3

With these documents, as well as a passport and a pension certificate, you need to contact the pension fund service of your city or region. At the institution, specialists will give you a sample application that you need to write to the name of the chief. Usually, it contains the bank details and the account number where the pension should be transferred. But it will not be superfluous to attach additional details on a separate sheet.

Step 4

The notification-request itself must be written in two copies, and on the second copy that you will have, you should indicate which additional documents or papers you attach to your application. After that, give the package of documents to a specialist for verification.

Step 5

If all the data is filled in correctly, then the specialist must put the number of the incoming application on your form, as well as indicate his surname, date, and time of acceptance of the application. There are times when the documents you have provided are accidentally lost or disappeared.

Step 6

If you applied to the fund a few days before the pension was accrued, then most likely the specialists will not have time to transfer the required amount to the card, but next month you will receive funds to the specified account.

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