Direct Deposit

Direct Deposit – CRA ( May 2014)

Did you or a family member receive a cheque from CRA for your income tax refund?
Do you receive HST or Trillium credits by cheque?
Does your business receive HST or income tax refunds by cheque?

If so, consider setting up “direct deposit” with CRA.

When you set up “direct deposit” with CRA, refunds are deposited directly into your bank account. You will still receive a notice by mail explaining the amount deposited.

Information
http://www.cra-arc.gc.ca/directdeposit/

Direct Deposit Form for Individuals
http://www.tpsgc-pwgsc.gc.ca/recgen/pdf/canada.pdf

Direct Deposit Form for Businesses
http://www.cra-arc.gc.ca/E/pbg/tf/rc366/