Enrol for direct deposit to get your Canada Emergency Wage and Canada Emergency Rent Subsidy payment quickly and securely.

Enrolling for direct deposit will help ensure your CEWS and CERS payments are deposited into your Scotiabank business account quickly, helping you avoid any delays that may be experienced through traditional mail delivery.

No, this enrolment is solely to select your method of receiving the benefit payment. More information on how to apply for CEWS and CERS with the Government of Canada can be found on the Government of Canada website.

The Government of Canada recommends enrolling for direct deposit through your bank as a fast, secure and convenient way to receive CEWS and CERS payments.

To begin receiving payments directly into your Scotiabank business operating account, you can enrol for direct deposit through Scotia OnLine, the mobile banking app or ScotiaConnect. This service is currently available to Scotiabank business customers with full access ScotiaCards (any to sign) through Scotia OnLine, the mobile banking app and to Super Users on ScotiaConnect.

During the direct deposit enrolment process with Scotiabank, you can select the account that you wish to designate to receive your CEWS or CERS direct deposit from the Government of Canada. Certain details such as Business Name and Business Number (BN15) will be required.

If your business has multiple, eligible accounts with Scotiabank, you will be asked during the direct deposit enrolment process to select the account you would like CEWS or CERS payments to be deposited.

Direct deposit enrolment is currently available to existing Scotiabank business customers who are Super Users on ScotiaConnect.

Direct deposit enrolment is currently available to existing Scotiabank business customers who have a full access ScotiaCard (any to sign) through Scotia OnLine or the mobile banking app.

If your business is not currently registered for Scotia OnLine, the mobile banking app or ScotiaConnect, please contact your Scotia Advisor or Relationship Manager and ask to be registered for digital banking services. Once your business is registered, you will be able to enrol to receive your CEWS and CERS payments through direct deposit.

Alternatively, you can contact the CRA directly to enrol for direct deposit by visiting the CRA website.

Currently, the quickest and easiest way to enrol to receive your CEWS or CERS payments through direct deposit is through Scotia OnLine, the mobile banking app or ScotiaConnect. We are working hard to provide additional options to enrol and will update this page once more information is available.

Alternatively, you can sign up to receive direct deposits directly through the CRA  website.

An authorized individual of the business will need to provide the CRA Business Number (BN15) and designate the Scotiabank Business Operating Account where the CEWS or CERS payments should be deposited. Additionally, the authorized individual will need to confirm the Business Owner Name.

As required by the CRA, the ScotiaConnect Super User for the business will need to provide:

• Legal Business Name
• Business Number (BN15)
• Name of the Business Owner or Authorized Representative, and
• Designated Scotiabank Business Operating Account where Wage Subsidy deposits should be credited
  

The following eligibility criteria must be met in order to enrol your business for direct deposit:

• The individual enrolling the business must be an any to sign ScotiaCard holder authorized user with financial entitlement for Scotia OnLine and the mobile banking app or a Super User for ScotiaConnect.
• The business account status is Open.
• The business account was opened before March 1, 2020.
• The business account is a Canadian dollar business account. US dollar and other currency business accounts are not currently eligible to enrol.
  

The Government of Canada recommends enrolling through your bank as the easiest, most accurate way to receive CEWS and CERS payments. We recommend enrolling through Scotia OnLine, the mobile banking app or ScotiaConnect, as this will ensure accuracy of information based on our records. You can also provide information directly to the CRA if you prefer.

The Business Number is required by the CRA to indicate which account is enrolling for direct deposit under the CRA’s Payroll-related programs.

Multi-to-sign clients will not be able to request direct deposit through the Scotia OnLine enrolment process. Please initiate your request directly with the CRA through the CRA website.

For ScotiaConnect, enrolment is only accessible to Super Users through a banner at the top of the Overview page and the Important Links section.

ScotiaConnect Super Users can now submit their direct deposit enrolment details multiple times within the same day for their business. This does not apply to related companies. When enrolling for CRA direct deposit, please have your CRA Business Number (BN), including your CRA Program Account Identifier for payroll ready. CRA Business programs that can be enrolled to receive direct deposit are the folllowing:

• RP (Payroll)
• RC (Corporate Income Tax)
• RT (Goods and Services Tax/Harmonized Sales Tax)
• ZA (Rent Subsidy)
  

The last record submitted by 8:00PM E.T (Mon - Fri) through Scotia OnLine and Scotia mobile banking app, and by 8:30PM E.T (Mon – Fri ) through ScotiaConnect will be considered as the final record for submission to the CRA.

Enrolment for direct deposit through ScotiaConnect is now available for related companies.

The Super User can now select the “Business Legal Name” in the drop down on the application screen if they have related companies tied to their ScotiaConnect profile.

If the Super User / Company does not have related companies then the “Business Legal Name” drop down will be prepopulated with the one primary business entity name.

Businesses expecting a CEWS and CERS payment of $25 million or more must be enrolled for direct deposit on their payroll account (RP) and be registered for the Large Value Transfer System (LVTS).

If not registered for LVTS, please start the registration process by visiting the CRA website.

At the end of the enrolment process with Scotiabank, you’ll receive a confirmation screen to confirm that your information has been shared with the CRA. You can also verify that your profile was updated by visiting the CEWS or CERS page on the CRA website.

You don’t have to enrol your business again. The CRA will use the account information you’ve already provided for CEWS and CERS direct deposit payments.

Please visit the CEWS or CERS  page on the CRA website to confirm the status of your direct deposit.

The account for the most recent direct deposit enrolment you complete will become the account on file with the CRA. Direct deposits will only be made into one account, at one financial institution.

Direct deposit enrolment to receive CEWS and CERS payments is only eligible for business customers. If you are an individual who wishes to enrol for direct deposit for other CRA payments, you can do so by visiting Scotiabank.com

The CRA will notify the business contacts upon successful enrolment of direct deposit.

There will be no impact on timing of payments if registration is done through Scotiabank or the Government of Canada’s website. Enrolling for direct deposit through Scotiabank will ensure the CRA has the most recent information your business has provided us, so that you can receive your payment as quickly as possible.

The CEWS and CERS deposits will show as being made by the Receiver General. The description on your statement will read Federal Payment FED.

CRA Business programs that can be enrolled to receive direct deposit payments are the following:

• RP (Payroll)
• RC (Corporate Income Tax)
• RT (Goods and Services Tax/Harmonized Sales Tax)
• ZA (Rent Subsidy)

For more details on which types of payments apply, please visit the CRA website.

Please visit the CEWS or CERS page for more information on eligibility.

Please visit the CEWS or CERS page for more information on eligibility.

At the time of payment, the CRA will deposit funds into the account that their records show was most recently designated for direct deposit.

To update the business account on Scotia OnLine and the Scotia mobile banking app, please follow the sign-up process and select a different account.

To update the business account on ScotiaConnect, please follow the sign-up process and select a different account. For ScotiaConnect, we currently allow one submission a day.

You can also update your business bank account information on the CRA website.

Please visit the CRA website to log in to your CRA account and verify your banking details. If you don’t have an account, you can create one through the CRA website.

To change the business account where you receive direct deposit payments, follow the sign-up process and select the account you’d like to have deposits made to. At the time of payment, the CRA will deposit funds into the account that their records show was most recently designated for direct deposit.