
CRA Direct Deposit
Applying for the Canada Emergency Response Benefit? Sign up for direct deposit now to ensure your benefit payments arrive sooner!
We can help you sign up for direct deposit or update your direct deposit information with the Canada Revenue Agency (CRA). We encourage you to use direct deposit to avoid any delays and receive your payments faster.
You can receive these following 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
Please note, if an individual has never filed a tax return with the CRA, they are not eligible to sign up for the CRA direct deposit service through their financial institution. New members are required to have their membership open with NLCU for 30 days before they are eligible to sign up for this service. To sign up for direct deposit or update your personal details, simply log in to MemberDirect online banking, and click ‘Setup CRA Direct Deposits’ under account services.
Frequently Asked QuestionsCanadian taxpayers. If an individual has never filed a tax return with the CRA, they are not eligible to sign up for the CRA direct deposit service through their financial institution. New members are required to have their membership open with NLCU for 30 days before they are eligible to sign up for this service.
The CRA has confirmed that the Canada Emergency Response Benefit only supports SIN-based payouts and are not applicable to loans currently being provided for small businesses with a Business Number.
Small businesses with a Business Number will be able to update their Direct Deposit information through their business portal. Payments Canada will circulate CRA’s link to ‘my business’ account where businesses can sign up.
For those eligible for the Canada Emergency Response Benefit, we encourage you to sign up for direct deposit with us as soon as possible to receive your benefit payments on time.
You can also receive payments such as your income tax refund, benefits and credits such as the Canada child benefit (CCB), the goods and services tax/harmonized sales tax (GST/HST) credit, Canada workers benefit (CWB), and provincial and territorial payments.
• To facilitate your direct deposit enrolment with the CRA:
o The CRA requires your name, bank account information, date of birth and social insurance number (SIN).
o NLCU will provide to the CRA your name and bank account information as set out above, as well as the date of birth and SIN that we have on file for you.
• Once the CRA has completed your direct deposit enrolment, the Receiver General will deposit any amounts to be paid to you by the CRA.
The Government of Canada considers privacy and security of utmost importance in the issuance of payments. Any information you provide to the Government of Canada when you enroll for direct deposit is protected under the Government of Canada Privacy Act and as described in Receiver General Payments (Personal Information Bank PWGSC PCU 712).
You can also confirm that the payment was sent by the CRA by logging into CRA’s My Account.
Fraud prevention: The CRA or your financial institution 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 or click on any of the links provided. If you submit multiple requests to update your direct deposit information, the most recent 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.