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Select the account you want direct deposit information for. Select the Manage tab. Select the Direct deposit form (PDF) You will then get a pop-up page (PDF) pre-filled with your accounts 5-digit Transit (branch) number, 3-digit Institution number (004) and your 7-digit Account number.
Download, print or email the form to your employer.
A direct deposit authorization form is a form that employees fill out to authorize their employer to deposit money straight into their bank account. Direct deposit is the standard method most businesses use for paying employees.
Are a void cheque and direct deposit the same? No, theyre not the same thing. A void cheque is often requested by an employer so it has the banking information it needs to facilitate setting up direct deposit of your pay into your bank account.
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