how-to
CRA Direct Deposit
How to setup CRA Direct Deposit in Online Banking
Setup CRA Direct Deposit and never miss a payment!
Direct Deposit puts you in control of where your Canada Revenue Agency (CRA) refunds and payments are deposited. Sign up for CRA Direct Deposit through Libro Online or Mobile Banking and get your payments faster – no more waiting for your cheque to arrive or going to the branch to make your deposit.
CRA for Personal
Direct Deposit is fast, secure, and convenient. Register today to receive your payments from the government straight into your Libro account.
CRA for Business
Your business can enrol in direct deposit for most payments from the government, including the Canada Emergency Wage Subsidy payment.
Direct Deposit For Personal
You only need to register once to cover each type of refund or payment, and it’s super easy:
- Log into Libro Online or Mobile Banking
- Navigate to Settings
- Select Direct Deposit
- Choose the account where you want the funds deposited into
- Read the terms along with the privacy statement and check the confirmation box
- Select Enrol Now
If you have any questions or need assistance from a Coach, please contact us.
Direct Deposit For Business
As of August 22, 2021, in order to register a Libro account to receive CRA direct deposits, Business Owners must have their Libro account for a minimum of 30 days before enrolling.
Business Owners only need to register once to enrol in CRA direct deposits. Follow the steps below to get set up today:
- Log into Libro Online or Mobile Banking
- Navigate to Settings
- Select Direct Deposit
- Choose the:
- Business
- Input the business name as it appears in CRA’s records
- Input the name of a business owner, director, partner, or corporate officer
- Choose the programs to enrol direct deposit in
- Read the terms along with the privacy statement and check the confirmation box
- Select Enrol Now
If you have any questions or need assistance from a Coach, please contact us.
