Direct Deposit

• Prepaid Debit

Load Your Card

Direct Deposit Form - Enroll in direct deposit or make changes such as removing bank accounts, adjusting the amounts deposited between them and a payroll debit card, and more. Direct deposit is a payment option where your funds are electronically transferred to your checking or savings account. This can help the payee receive payment faster and avoid dealing with physical checks. If you want to avoid cumbersome checks and ensure you get paid quickly, signing-up for direct deposit is key. Direct Deposit Direct deposit is the most efficient, timely and secure way to receive your pay. It eliminates the possibility of a lost or stolen check, reduce the opportunity for identity theft, and receive your payment in a more timely and efficient manner. What Is Direct Deposit? Direct deposit is an electronic payment from one bank account to another. For example, money may move from an employer's bank account to an employee's bank account, although there are several other ways to use direct deposit.

Direct Deposit is a convenient way to add money to your Netspend^® Prepaid Card Account. And you can get paid up to 2 days faster.

Card usage is subject to card activation and identity verification.

Direct Deposits can include:

• Work paychecks
• SSI (Supplemental Security Income)
• Pensions
• Railroad Retirement Benefits (RRB)
• Defense Finance and Accounting Service Payments (DFAS)
• State unemployment benefits (varies by state)
• Government Disability Benefits-SSDI or Workers Compensation (varies by state)
• Veterans' benefits

Plus, when you have $500 or more in payroll or government benefits direct deposited to your Card Account in a calendar month, you are eligible to upgrade to Netspend Premier^®!

Upgrade to Premier.

Who doesn't like an upgrade? Netspend Premier is our highest level of service. It has the most features, and you'll save almost 50% on monthly fees!

Set up in a couple of steps.
Just like you would with a traditional bank account, all you need is your Netspend Prepaid Card Account number and routing number.

Faster tax refunds with Direct Deposit.
Tax refunds can be direct deposited to your Netspend Prepaid Card Account when you e-File your annual return so you don't have to wait on a paper check.

Direct Deposit government benefits, too.
You can even set up Direct Deposit on the Netspend Prepaid Card Account for many government benefits programs, including Social Security.

Full control.
You decide whether all or part of each check is deposited, and with Anytime Alerts^TM, you'll be notified when funds clear.

More convenience.
Because your funds are loaded to your Card Account, you don't have to risk your paper check being lost or stolen—not to mention avoiding possible check-cashing fees and long lines on payday.

Ready when you are.
Your money will be available in your account as soon as the Direct Deposit goes through. That can be up to 2 days faster than with a paper check.

Ready to change the way you pay?

Order a Card today, and you'll receive it in the mail within 7-10 business days.

• Mobile Check Load

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• Savings Account

  PUT SOME MONEY ASIDE

  It never hurts to save some money, and you can earn interest, too.

• The Online Account Center

  MANAGE YOUR MONEY FROM HOME

  Create budgets, manage your preferences, and more.

The manage direct deposit service is currently unavailable in our CRA login services. We regret the inconvenience.

To help provide better service to Canadians, we have partnered with many Canadian financial institutions to offer CRA direct deposit enrolment online through your financial institution's website.

Don't miss a payment!

Direct Deposit For Stimulus Checks

Direct deposit is fast, convenient and secure. Register for direct deposit today to ensure you get your payments on time in the event of an emergency or unforeseen circumstances!

For more information and to find out how to update your account, please visit our Frequently asked questions about direct deposit.

If you receive one of the following payments from the CRA and have a Canadian bank account, you can sign up for direct deposit:

• income tax refund
• goods and services tax/harmonized sales tax credit and any similar provincial and territorial payments
• Canada child benefit and any similar provincial and territorial payments
• Canada workers benefit
• deemed overpayment of tax

Note

If you have already signed up for direct deposit with the CRA, we will use the existing bank account information for any payments you are entitled to receive.

Watch the CRA's video about the benefits and convenience of direct deposit.

How to sign up

Online

You can sign up yourself if you are registered for My Account. If you are not yet registered, why wait? My Account can help you quickly and easily manage your tax affairs online, including signing up for direct deposit or changing your account information.

You can also see if you have any uncashed cheques that are older than six months.

Online - mobile application

To start or update direct deposit information, use MyCRA.

New Sign up through more financial institutions

You can now sign up for direct deposit or change your account information through many financial institutions.

Banks (individuals)

• Alterna Bank Alterna Savings and Credit Union Limited Alterna Savings
• ATB Financial Alberta Treasury Branches
• BMO Bank of Montreal
• Canadian Western Bank CWB Financial Group
• CIBC Canadian Imperial Bank of Commerce
• HSBCHSBC Bank Canada
• Laurentian Bank Laurentian Bank of Canada LBC
• LBC Digital Laurentian Bank of Canada
• National Bank National Bank of Canada
• RBC Royal Bank of Canada
• Scotiabank Bank of Nova Scotia
• TD Canada Trust Toronto-Dominion Bank TD Bank

Credit unions and trust companies (individuals)

• ABCU Alberta's Credit Union
• Alterna Savings Alterna Savings and Credit Union Limited Alterna Bank

Once you provide consent through one of these financial institutions, your CRA direct deposit information will be updated the following day. We encourage you to visit your financial institution's website for information on how to sign up.

By phone

To sign up for direct deposit or to change your account information, call CRA at 1-800-959-8281. You will need your:

• social insurance number
• full name and current address, including postal code
• date of birth
• most recent income tax and benefit return and information about the most recent payments you received from the Canada Revenue Agency
• banking information: three-digit financial institution number, five-digit transit number, and your account number

Do not close your old bank account until your first payment has been deposited to your new bank account as it may already be in process.

If you expect to receive at least one of the following payments for your business from the Canada Revenue Agency, you can sign up for direct deposit:

• corporation income tax refund
• goods and services tax/harmonized sales tax refund
• refund of excise tax or other levies
• refund of payroll deductions
• Canada Emergency Wage Subsidy (CEWS)

How to sign up

Online

As a business owner or delegated authority, you can start or update a direct deposit online.

To complete your direct deposit application or to manage your direct deposit information, log in or register for:

New Sign up through financial institutions

The CRA may contact you by phone to confirm information. If you have questions about a call you receive, you may read more about how to recognize scams.

You can now sign up for direct deposit for certain business accounts or change your account information through your financial institution. To be eligible to enroll for CRA direct deposit for businesses, your business must have a valid 15 digit business number and one of the following CRA program accounts:

• RT – Goods and Services Tax/Harmonized Sales Tax
• RP – Payroll
• RC – Corporate Income Tax
• ZA - Canada Emergency Rent Subsidy (CERS)

* Note: You will need to sign up your Canada Emergency Rent Subsidy account (ZA) to receive the CERS by direct deposit.

Banks (businesses)

• BMO Online Banking Bank of Montreal or BMO Online Banking for Business Bank of Montreal
• Canadian Western Bank CWB Financial Group
• CIBC online banking Canadian Imperial Bank of Commerce or CIBC Cash Management Online Canadian Imperial Bank of Commerce
• HSBC HSBC Bank Canada
• Laurentian Bank (coming soon)
• RBC Royal Bank of Canada
• Scotiabank Bank of Nova Scotia
• TD Canada Trust Toronto-Dominion Bank TD Bank

Credit unions and trust companies (businesses)

If you are the trustee, custodian, executor, or other type of legal representative for a trust, you can start or change direct deposit information. The name on the bank account must match the name of the trust.

How to sign up

By mail

1. Fill out Form T3-DD, Direct Deposit Request for T3.
2. Mail the completed form to the address on the form.

For more information about direct deposit for trusts, call 1-800-959-8281.

You can start direct deposit or change your banking information related to direct deposit if the following conditions apply:

• you are a Canadian payer or agent
• your non-resident tax account has three alpha characters starting with NR followed by six digits
• your Canadian bank account is registered in Canada
• the name on your Canadian bank account matches the name on your non-resident tax account

If you are a non-resident of Canada filing a Form NR7-R, Application for Refund of Part XIII Tax Withheld, you can ask the Canada Revenue Agency to deposit your refund directly into your bank account at a Canadian financial institution. The name on the bank account must match the name of the applicant or the authorized person who signs the certification section on Form NR7-R.

How to sign up

By mail

Non-resident account holder

1. Fill out Form NR304, Direct Deposit Request for Non-Resident Account Holders and NR7-R Refund Applicants.
2. Mail the completed form to the address on the form.

NR7R refund applicant

1. Fill out Form NR304, Direct Deposit Request for Non-Resident Account Holders and NR7-R Refund Applicants.
2. Attach the completed NR304 to the Form NR7-R, Application for Refund of Part XIII Tax Withheld refund application.
3. Mail the completed forms to the address on the forms.

For more information about direct deposit for non-resident account holders and NR7-R refund applicants, call 1-855-284-5946.

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Directdeposit.gc.ca

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