Direct Deposit

The quick and easy way to have immediate access to your money

Enjoy the peace of mind knowing your monthly bills are paid, and paycheques and pension cheques are automatically deposited into your account. Direct Deposit is easy and convenient to arrange and gives you immediate access to your money.

Enrol in direct deposit today! It’s:

  • Convenient — there is no risk of your money being held up as a result of unforeseen circumstances.
  • Secure — your payment is safe and secure with virtually no risk of it being lost, stolen or damaged.
  • Reliable — your payment will always be on time, and your money can begin to earn interest right away.

Two ways to deposit your money:

1. Payroll Direct Deposit

Have your paycheque deposited automatically into your account when you set up Direct Deposit for payroll. Simply complete this payroll form with your account information and provide it to your employer to process. 

2. Direct Deposit of Government Payments

 You can also set up Direct Deposit for recurring government payments such as monthly pension cheques.

Here’s how you can enrol:

Option 1. Visit directdeposit.gc.ca and complete the enrolment form. To enrol you need:

  • Your name, address and date of birth
  • Your payment type(s) and the associated personal identifier(s), for example your Social Insurance Number (SIN) or your file number
  • A void cheque or your bank account information (No void cheque? No problem! Visit your nearest branch to get a stamp in Part C of the enrolment form.)

Option 2. You can also enrol in direct deposit on My CRA AccountMy Service Canada Account or My VAC Account

Option 3. Forms are also available at your local branch.

Government of Canada information officers are available to help you at 1-800-593-1666, in English and in French, Monday, Tuesday, Wednesday and Saturday from 7 a.m. to 7 p.m. or Thursday and Friday from 7 a.m. to 10 p.m., Eastern Standard Time.

Prefer to talk to us?

Call us and let us help: 

1-800-472-6842