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 payment

Many 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.

Forget cheques

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 or 12 digits long; the above example shows you which numbers to include as part of your account number (circled in purple).

Find your account information online

If you don't have any cheques, you can find your account information online: 

  • Sign in to your account through online banking
  • Click on the account you wish to set up for the deposit
  • Under “Account Activity” click on “More Details”
  • Right above the “Search Account Activity” field click on the link that says “Click here for Pre-Authorized Debit/Credit account details