Can I wire money from my Schwab One account to a Bangkok Bank account and receive Social Security checks directly deposited there?

N.B.: for Charles Schwab , you must have a legitimate US address that can be verified by CS if they flag you.

Call them. They are 24 hours.

I have a US military retirement check deposited into a Bangkok Bank account. The first couple took a few extra days, but now hits my account a few hours later than other checks. Some months Thai holidays cause delays.

You can no longer transfer your Social Security payments through the NY branch of Bangkok Bank. Now the IRS will deposit it directly into your Thai bank account. I have mine sent to my Bangkok Bank account, and it converts at the best rate, just a little better than the TT rate.

Now about your Charles Schwab account and Bangkok Bank. I assume you have a Bangkok Bank account already. Go to your branch office and open up a foreign currency deposit account. To open it you will need at least US$1000 to open the account. If you don't have that much dollars you can just go buy them at an exchange booth. As long as your balance stays above $250 there are no charges or fees. With a FCD account you can use your free Schwab SWIFT transfers to transfer US dollars into your FCD account, and they stay saved as US dollars without being converted. This is the best, and cheapest way of getting money into Thailand, cheaper than Wise transfers. By doing this you can convert dollars into baht, at that day's TT rate, anytime you want. As the exchange rate is usually a few satang higher in the middle of the month as opposed to the beginning of the month over the course of a year you can make some extra baht you had no choice of making when your money came in and was immediately exchanged into baht. I use mine like a savings account. I only convert the amount I need for the month, and not all at once, as there are no extra fees for doing this, and you can do it all online. With a little better Charles Schwab account (I think it's called a trader's account) you can get 4 free SWIFT transfers a month. I believe the minimum account balance for that is $20,000.

I was thinking about opening a Schwab account just to do this. I would love to know too