Complete the direct deposit section on your application. The easiest and most convenient way to sign up for direct deposit is when you first apply for benefits. If you do not have a chequing account you can ask your financial institution for this information. Your banking information can be found at the bottom of any cheque for the account in which you would like to have your payment deposited. the name of your bank or financial institution.To sign up for direct deposit, you will need to gather the following personal information: Keeping your direct deposit information up to date ensures you will get paid as quickly as possible. If you have signed up for direct deposit in the past, take a few minutes to review your information in My Service Canada Account and update it if necessary. Sign up for direct deposit now! It is convenient, secure and reliable. Not only will you be able to access your payments more quickly, you can also be sure they will never be lost, stolen or damaged. Using direct deposit, the Government of Canada can deposit payments automatically into your bank account.ĭirect deposit is a way to receive your payments without any postal delay. From: Employment and Social Development Canada On this page