Link city in the Direct Deposit Authorization PDF

Aug 6th, 2022
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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
Contact us
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.
A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account.
Choose Manage at the top of the screen. Scroll and select Set up direct deposit. Select To do it manually, download a prefilled form here (found above the Set up now button).
Payroll payments are an example of direct deposits. Employers can send funds to their employees bank accounts on payday without delay or the risk of losing checks in the mail. Recipients also benefit from direct deposits, as the money is automatically added to their account balance with no action required.
Each employee needs to provide the following information: bank name, account type, account number and routing number. Some states also require employees to sign a consent form before their employer can switch them to direct deposit.
The employer provides the form to the employee to fill out usually upon hire (since the option for direct deposit is an expectation of employees these days). The form is where the employee gives you permission for direct deposit and provides the bank information that youll need to send them money.
A void cheque and a direct deposit form are different things. A void cheque is simply a cheque from your chequebook youve written VOID over, and a direct deposit form is a form from your financial institution for the sole purpose of setting up direct deposits.
A direct deposit authorization form is a form that employees fill out to authorize their employer to deposit money straight into their bank account.

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