How to convert paper Savings Bonds to electronic bonds at TreasuryDirect
Wednesday, August 10th, 2005
Categorized as: Treasury Direct
When will we be able to convert paper bonds to electronic?
Tom's response
TreasuryDirect has this capability now, but it hasn't been activated for all TreasuryDirect accounts. If you're interested, log on to your TreasuryDirect account and use the Contact Us button at the upper-right to send TD a message.
Tell them you'd like to have the conversion feature activated for your account. They'll take care of it and let you know when the feature is ready.
If you'd like to have some idea how the conversion process works, my Savings Bond Alert #10 has a good description of the process for converting paper savings bonds to electronic bonds at Treasury Direct.
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I've done this twice - I inherited 2 savings bonds from my grandfather. Got the conversion feature in my account in a day, filled out my forms and made my manifest. All told it took about 3 weeks from mailing to seeing the bonds in my account. TD's tracking feature didn't track - that was the only fault I had with the whole thing.
I have purchased 5k of I-bonds through Treasury Direct in 2008. If I also purchase 5k of paper I-bonds this year, may I convert these to electronic form?
Hi Jim - yes, you can do that. Weird, eh?
Tom Adams