FS Form 5512: Redeem TreasuryDirect Bonds or Change Bank

Updated November 8, 2026. Quick answer: FS Form 5512 does two jobs for a TreasuryDirect account: it redeems EE or I savings bonds (and the C of I) held there, and it adds or replaces bank account information. Every payment is made by direct deposit to a designated bank account, so a bank must be on file or listed on the form. The signature must be certified by a certifying officer, and notary certification is not acceptable. Revised April 2026, OMB No. 1530-0071; mail to Treasury Retail Securities Services, PO Box 9150, Minneapolis, MN 55480-9150.

What FS Form 5512 does

“Use this form to redeem savings bonds and/or add (or edit) bank information in your TreasuryDirect account.” After a death, FS Form 5336 and FS Form 1455 name it as the redemption form for an entitled person who holds electronic securities in TreasuryDirect.

It is the TreasuryDirect counterpart of FS Form 1522, which cashes paper bonds.

Redeeming EE and I bonds

The form offers three descriptions: “Redeem ALL my savings bonds listed in the requested TreasuryDirect account shown above.” That box covers, in the form’s words, “ALL bonds in the primary account and in any conversion, minor, or custom linked accounts”. The second box redeems all the bonds in one named account only, which by the form’s note does not include linked accounts. The third redeems only the bonds in a named account that are listed by confirmation number. “If you are redeeming only some of your bonds, choose the third box and list the confirmation number for each savings bond you are asking us to redeem.”

Payment goes to a named payee: “Furnish the name and taxpayer identification number of the payee.” If payment goes to an estate or trust with an IRS-assigned EIN, that number is used. “All payments must be made by direct deposit to a designated bank account.” The timing of cashing an I bond is covered at I bond cash-out timing and the interest reporting at Form 1099-INT box 3.

Adding or correcting a bank account

The account must be at “a U.S. depository financial institution that will accept debits and credits using the Automated Clearing House method of payment.”

There is no edit button on paper: “If you want to edit any bank account information already listed in your TreasuryDirect account(s), such as correcting an account or routing number, complete all of the following fields as if you were adding a new bank account. We will add all of the information as a new bank account. You can then access your TreasuryDirect account and delete the unwanted bank account.”

A primary bank appears first in the account’s bank list, and only one bank can be primary. A secondary bank is not the default and must be selected where it is wanted, and there can be several. Treasury says “You will receive an e-mail once we add the bank account(s) to your TreasuryDirect account.” Adding a bank does not delete earlier ones or change where pending purchases and interest or maturity payments are sent; those changes are made inside the account.

The Closed Book Period

“Four business days prior to a scheduled interest and/or maturity payment, TreasuryDirect imposes a Closed Book Period that locks applicable marketable securities so we can schedule upcoming payments.” The form lists what TreasuryDirect will not allow during that period: changes to registration, to the payment destination and to View/Transact Rights, internal and external transfers, and changes to reinvestments. “If the security is in a Closed Book Period because of maturity of the security, any online transactions scheduled but not processed will be cancelled.” The form states the rule for bills, notes, bonds, Floating Rate Notes and TIPS.

Signature, certification and mailing

“Sign in ink in the presence of a certifying officer and provide the requested information. Notary certification is not acceptable.” “Only original signatures will be accepted (stamped signatures are not acceptable).” “This form will not be accepted with alterations or corrections.”

“If you are a corporation with a governing body, a resolution or a FS Form 1010 must accompany this form.” “If any person signing this form is acting in a fiduciary capacity, failure to provide legal evidence may delay processing.”

The form states no processing time, only “We estimate it will take you about 10 minutes to complete this form.” The mailing address is Treasury Retail Securities Services, PO Box 9150, Minneapolis, MN 55480-9150 per the instructions; see refused Medallion guarantees if the signature stamp is refused.

Common mistakes

• Using a notary. The form says notary certification is not acceptable.
• Listing no bank. Every payment is a direct deposit, so a designated bank account is required.
• Editing a bank entry on the form instead of re-entering it in full. The edit is added as a new bank account and the old one has to be deleted in the account.
• Expecting a bank change to redirect pending purchases or interest payments. Those are changed inside the TreasuryDirect account.
• Redeeming only some bonds without listing each confirmation number.

Related: FS Form 1522, FS Form 5511, and I bond cash-out timing.

Sources

• FS Form 5512 (Revised April 2026), TreasuryDirect Redemption and/or Bank Change Request: treasurydirect.gov PDF
• TreasuryDirect, Forms for Savings Bonds (current list of forms): treasurydirect.gov page

Source: the Fiscal Service form and forms list linked above, read on November 8, 2026. General information, not legal or tax advice. Your own facts decide the outcome, and the Bureau of the Fiscal Service, an attorney or a tax preparer is the right place to confirm anything consequential.