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Direct Deposit & Pension

  • February 23, 2021
  • 11 Comments

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The NIS pays its pensioners every 4 weeks, not monthly. The payments are issued for thirteen 4-week periods each year for those paid by lodgement to banks and credit unions, or twenty-six 2 week periods for those receiving cheques through the mail. The NIS urges its pensioners who already have bank and credit union accounts to make the switch from cheques to lodgement and gain immediate access to ALL your monies. There is no penalty for switching.

If you have any queries, please call our PBX at 431-7400, Contact Centre at 467-4647 or e-mail us at customer.service@bginis.gov.bb. Please see the link to the application form here: https://www.nis.gov.bb/digital-forms/banking-details/.

11 thoughts on “Direct Deposit & Pension”

  1. Rose-Marie Rapley
    February 24, 2021 at 1:36 pm

    Re: Rose-Marie Rapley – NIS 132188 National Registration # 570407-0068

    I opted of early retirement Pension in September 2019 and have been receiving pension from January 2020.
    This was because I was leaving the Island for an extended stay in the USA , before I left I filled out a form to have my pension paid directly to my bank account, however, I started receiving the pension cheques instead of direct deposit. Unfortunately, I left the form signed by myself and the Bank Manager on the Customer Service Desk with the Glass screen and obviously it got misplaced, so I just left the situation as is.

    I recently got an NIS letter asking persons to consider having the pension go directly to their banks. I would very much like to do this but as I am now residing in the USA and cannot get back anytime soon (COVID-19) I would like some advice on how I can get this done.

    Your advice would be greatly appreciated.

    Best Regards
    Rose-Marie Rapley

    Reply
  2. Vidya Rampersad
    April 20, 2021 at 5:39 pm

    How long will it take for myour father-in-law to make the switch from receiving cheque to getting it directly to his bank account

    Reply
  3. Janel Downes
    November 17, 2021 at 6:42 pm

    Hello,

    This online form link does not work, https://www.nis.gov.bb/digital-forms/banking-details/, it leads to an error page.

    Reply
  4. Gloria Cynthia Williams O'Garro
    July 2, 2022 at 8:58 pm

    I will like to have my pension switched to another institution . What is the procedure for obtaining the switch.
    Thank You.

    Reply
  5. Sonia Bayley Burnham
    July 16, 2022 at 8:59 pm

    Please Send Me the Direct Deposit Pension Application Form by Mail . I will fill out the details & get the Bank Stamp placed on it ; Then I could Fax it back to Your Department . Thank You

    Reply
  6. Sonia Bayley Burnham
    July 16, 2022 at 9:03 pm

    My Address :
    331 Saratoga Avenue Apt#2 Q ,
    Brooklyn NY 11233 ,
    USA .

    Reply
  7. Sonia Bayley Burnham
    September 21, 2022 at 12:52 pm

    I have sent in My Electronic Pension Transfer Form to Portaladm@bginis.gov.bb
    Please let Me know if You received it Thank You .

    Reply
  8. Sonia Bayley Burnham
    September 21, 2022 at 12:56 pm

    I am waiting to hear from Your Portal .Thank You .

    Reply
  9. Sonia Bayley Burnham
    September 21, 2022 at 12:59 pm

    I will be Grateful for Your update on this process . ThankYou .

    Reply
  10. Peter John Miller
    October 13, 2022 at 10:45 pm

    I have applied for my pension to be paid by direct deposit but I am still receiving cheques

    Reply
  11. Geoffrey burrowes
    April 21, 2023 at 11:19 pm

    How long it takes your pension money five months or six months

    Reply

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