Direct Deposit with CRA



Direct deposit is a convenient, fast and secure way to receive payments. Your money is immediately available to you — no matter what you are doing or where you are. Set up direct deposit to you can enjoy these benefits:

  • Convenient - Faster access to your money. Your payments will never be delayed by postal delays or other delivery issues.
  • Free, easy and fast - Direct deposit is easy to set up and free to use. Your payment is deposited directly into your bank account. You never have to stand in line to deposit your cheques.
  • Reliable - Your payment will always be on time, and your money and earned interest will be available right away
  • Secure - Direct deposit is reliable and safe. There is virtually no risk of your payment being lost, stolen or damaged.

How to sign up for CRA Direct Deposit: Expand/Collapse

It’s secure, convenient and only takes a few clicks! 

  1. Sign in to Online Banking (using desktop site; this feature is not yet available on our mobile app). 
  2. Click on Account Services on the left menu. 
  3. Click on Set Up CRA Direct Deposit
  4. Follow the instructions to submit information for CRA Direct Deposit.

Please note, you must have filed a tax return with the CRA to be eligible to sign up for the CRA direct deposit service.

If you need assistance, contact our Help Desk at 1-855-862-4242 or 306-862-0738. 

Receive these CRA Payments Through Direct Deposit: Expand/Collapse

Applying for the Canada Emergency Response Benefit? Sign up for direct deposit now to ensure your benefit payments arrive sooner!

You can receive these CRA payments through direct deposit:

  • income tax refund
  • Canada child benefit
  • goods and services tax/harmonized sales tax (GST/HST) credit
  • Canada workers benefit
  • related provincial and territorial payments
  • the new Canada Emergency Response Benefit

Fraud Prevention Expand/Collapse

  • The CRA will never send you an email, text or Interac e-transfer to a link asking for your personal information to receive your benefit payment or refund. These are scams and taxpayers should never respond to these fraudulent communications and never click on any of the links provided.

  • Direct deposit helps reduce the risk of mail fraud and delays caused by a postal disruption.

General Direct Deposit Information Expand/Collapse

  • You can sign up for direct deposit through online banking, CRA's My Account or by using the MyCRA and MyBenefits CRA apps from your mobile device. For more information, go to canada.ca/cra-direct-deposit.

  • If you file your income taxes online and have direct deposit, you should receive your refund in as little as eight business days. Paper returns could take up to eight weeks.

  • If you have already signed up for direct deposit with the CRA:
    • CRA will use the existing bank account information for any payments you are entitled to receive.
    • You can verify your direct deposit information through CRA’sonline self-service portal, My Account

  • Payment dates for CRA payments:
    • if you are signed up for direct deposit payments, you can expect to receive the payment within 5 business days of the scheduled payment date.
    • if your payment method is cheque, you can expect the cheque in the mail within 10 business days.
    • Please allow this time before contacting the CRA about your payment.

 

 

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Direct Deposit FAQ