Canada’s banks, credit unions and governments encourage that Canadians use direct deposit where possible to avoid any interruption in benefits and credits during the COVID-19 pandemic.
As the events surrounding COVID-19 may impact the postal service and because many bank branches have temporarily reduced their hours or closed, choosing CRA Direct Deposit ensures that you’ll receive your money faster.
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.
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