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Set up a direct deposit

 
 

What is a Direct Deposit? 

A direct deposit is a secure and convenient way to deposit money directly into your bank account. It's commonly used for payroll, governement benefits, tax refunds, and other recurring payments. This method eliminates the need for paper cheques, ensuring faster access to your money. 

 
 
 
 
 

How to set up a direct deposit?

Follow these 3 simple steps to set up your direct deposit:

1. Download our fillable direct deposit form
Download the direct deposit or pre-authorization form by clicking here or get one from your employer if they provide their own form. Make sure you have the latest form by always downloading it from our website or by checking with your employer to ensure a smooth process. 


2. Fill in the information
The information is needed on the direct deposit form may change depending upon the requirement. Sometimes your employer may use their own version of direct deposit form that you need to fill, but the main information remains the same, regardless of the form type.



Advance Savings Members

a) Branch Number/Transit Number: 87024
b) Institution number: 849
c) Your Account number: An account number is a 10-digit number that you can find using your online banking/mobile app. 


Online Banking:

Log into your online banking --> Go to My Accounts --> Select the account of your choice --> Click on "Account details" --> "Account Number" is the 10-digit account number you need.


Mobile Banking:
Log into your Mobile banking --> Click on Accounts --> Select the account of your choice --> Click on "Account details" --> "Full Account Number" is the 10-digit account number you need.

 

 



Bayview Members
a) Branch Number/Transit Number: 37664 
b) Institution number: 849
c) Your Account number: An account number is a 10-digit number that you can find using your online banking/mobile app. 

 

Online Banking:
Log into your online banking --> Go to My Accounts --> Select the account of your choice --> Click on "Account details" --> "Account Number" is the 10-digit account number you need.


Mobile Banking:
Log into your Mobile banking --> Click on Accounts --> Select the account of your choice --> Click on "Account details" --> "Full Account Number" is the 10-digit account number you need.

 

 



Progressive Members
a) Branch Number/Transit Number: 77124 
b) Institution number: 849
c) Your Account number: An account number is a 10-digit number that you can find using your online banking/mobile app. 

 

Online Banking:
Log into your online banking --> Go to My Accounts --> Select the account of your choice --> Click on "Account details" --> "Account Number" is the 10-digit account number you need.


Mobile Banking:
Log into your Mobile banking --> Click on Accounts --> Select the account of your choice --> Click on "Account details" --> "Full Account Number" is the 10-digit account number you need.

 



3. Save & Send
Once the form is completed, double-check all of your entries for accuracy to avoid any potential delays in the process. Then save a form copy for your reference and send that to the appropriate person/department. 

 

Frequently Asked Questions (FAQs)


Your Account number is a 10-digit number which can be found on your Online Banking or Mobile Banking. 

 

Online Banking:
Log into your online banking --> Go to My Accounts --> Select the account of your choice --> Click on "Account details" --> "Account Number" is the 10-digit account number you need.


Mobile Banking:
Log into your Mobile banking --> Click on Accounts --> Select the account of your choice --> Click on "Account details" --> "Full Account Number" is the 10-digit account number you need.

No, your member ID and Account Number are completely different things. You use your member ID to log in to your Online Banking or Mobile Banking. It's not used for any other purpose, while your Account Number relates to your banking information with regards to a particular account. 

 

For any banking information you must always use your "Account Number".

A branch number or transit number is a 5-digit number that provides information about the branch where you open or maintain your account. 
An institution number is a 3-digit number that is assigned to a certain financial institution to identify them. 

You can locate your account number using your Online Banking or Mobile Banking. 

Online Banking:
Log into your online banking --> Go to My Accounts --> Select the account of your choice --> Click on "Account details" --> "Account Number" is the 10-digit account number you need.


Mobile Banking:
Log into your Mobile banking --> Click on Accounts --> Select the account of your choice --> Click on "Account details" --> "Full Account Number" is the 10-digit account number you need.