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Romania Expat Forum

Retirement Banking

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Azdan
1/26/2016 22:14 EST

I am a retired American wishing to move to Bucharest soon. How will I manage my retirement automatic deposits that I depend on to live?

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richardpitesti
1/27/2016 09:19 EST

I'm american also. Live in Pitesti, west of Buc. To my knowledge there is no EFT agreement between USA and Romania. I have done bank 'wire transfers' from USA to RO. Currently my social sec is deposited autmatic in a US bank and i use a debit card. I'd love to have my social sec auto deposited to my RO bank...but cannot. My bank (BRD) said they would take a paper check (soc sec can be sent to the US embassy as a check) but it could be 6 weeks before i could draw cash. So: good luck! If you find a good way, let me know!! Best wishes Richard rdtechnical@hotmail.com

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