Choosing how to Receive your Money

For unrestricted IIM accounts, beneficiaries may choose to receive their funds in check form or through an electronic fund transfer (see options below). For most restricted IIM accounts, funds are disbursed according to a distribution plan established by Bureau of Indian Affairs Social Services. 

To select or change a payment option by phone, contact the Trust Beneficiary Call Center or your local Fiduciary Trust Officer. To select or change your contact information through U.S. Mail, complete Form OMB 1035-004 (IIM Instructions for Disbursement of Funds and Change of Address) and send it to the Trust Beneficiary Call Center or call your local Fiduciary Trust Officer

Payment Options 

We encourage beneficiaries to take advantage of the available options for electronic fund transfers. Electronic fund transfers are automatic and funds are less likely to be misplaced, stolen, lost, or delayed in the mail.  

Electronic Fund Transfers 

Direct Deposit 

Direct deposit is a payment option that replaces checks and provides the automatic, electronic transfer of money directly to an existing checking or savings account. There is no charge for direct deposits. 

Debit Card 

The debit card payment option sets up a Metabank Money Network Debit Card account in your name. Trust payments are automatically transferred to your account. Debit cards are free to use with the following exceptions: 

  • Inactivity fee: $1.50 (after three consecutive months of no activity)
  • ATM withdrawal (out-of-network): $2.00  
  • ATM withdrawal (international): $3.00 
  • ATM balance inquiry: $0.25 
  • Bank teller cash withdrawal (over the counter): $7.00 
  • Replacement card (standard delivery): $7.50 
  • Replacement card (expedited delivery): $24.50 


If you don’t choose an electronic fund transfer to receive money, payments will be sent to you in check form through the U.S. Postal Service. This process is much slower than electronic transfers. If a check is returned, your account will be restricted until your address can be verified. 

Voluntary Hold 

Beneficiaries with an unrestricted account may put their account on “Voluntary Hold.” This means money remains in the account and will continue earning interest under the management of our staff. Interest rates vary but are always higher than what’s offered by regular savings bank accounts. While on voluntary hold, account holders may request a payment at any time. To setup a voluntary hold or request a payment, contact your Fiduciary Trust Officer or the Trust Beneficiary Call Center

Address Updates 

We will primarily be communicating with you through the U.S. Mail, so please keep the mailing address for your Unrestricted or Voluntary Hold (see above) account current. You can update your address any time by contacting your Fiduciary Trust Officer or the Trust Beneficiary Call Center

Need help? 

Contact us if you have questions about your IIM account. To safeguard your account, we may require additional documentation in order to verify your identity.

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