Direct Deposit & Pre Authorized Payments
Relax knowing your monthly bills are paid and your cheques are automatically deposited into your Northern Savings account.
You can receive your federal government payments such as: income tax refunds, GST/HST credits, Canada Child Tax Benefit, Canada Pension Plan, and Old Age Security etc. directly into your Northern Savings bank account by setting up direct deposit. Additionally, many employers offer direct deposit.
Never miss a paymentMany service providers offer pre-authorized payments (debits) - which allows the company to automatically debit your bank account for the amount owed to that provider. Inquire with your service provider about setting up pre-authorized payments.
Pre-authorized credits, otherwise known as direct deposit's, offer a fast and convenient way to receive your money. Your money is available to you immediately, as it is deposited electronically without you having to do anything.
How to set up direct deposit & pre-authorized payments
To set up direct deposit and pre-authorized payments you will need to provide the third party with the following information:
- Account number*
- Financial institution name and address
- Financial institution number
- Transit number
All this information can be found on one of your personal cheques:
* Your account number is 9 digits long; the above example shows you which numbers to include as part of your account number (circled in purple).
Branch transit numbers
|Terrace & District||14310|
If you do not have a cheque or need assistance with setting up Direct Deposit, please contact your branch.