Setting up direct deposit for CRA payments and refunds is a fast, convenient and secure way to receive your Canada Emergency Wage Subsidy (CEWS), your corporation income tax refund and more.
With direct deposit, there are no holds on your funds, and there is no need to visit a branch or deposit cheques at an ABM.
Government of Canada benefits you can receive via direct deposit include:
- your corporation income tax refunds;
- goods and services tax/harmonized sales tax refunds;
- payroll deduction refunds.
If you are eligible, you will also receive your Canada Emergency Wage Subsidy (CEWS) through the Government of Canada as a direct deposit payment.
You can register for CRA direct deposit in LBCDirect.
Setting Up CRA Direct Deposit
Sign in to LBCDirect.
Select CRA Direct Deposit in the side menu.
Select your account.
*For questions about your CRA account or the Canada Emergency Wage Subsidy (CEWS), please call the CRA directly at 1-800-959-7775.