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If you want your direct deposit to go to your checking or savings accounts, take the following steps: Get a direct deposit form from the payer. For instance, if you want to set up...
A split direct deposit gives you the ability to deposit your paycheck into multiple accounts. You can do this by depositing a percentage or set amount in your chosen accounts each pay...
According to the CRA website: It is secure and confidential. File your returns directly from one of the NETFILE-certified products available using the NETFILE webservice. Refunds are issued faster (in most cases, with direct deposit, you can receive your refund in as little as eight business days).
Refunds are paid by cheque or direct deposit, with the direct deposit being the quicker option of the two. In some cases the CRA may keep some or all of a refund. These cases include owed tax balances, Garnishment, and the existence of outstanding government debt. References
The Government prefers to use Direct Deposit, which has been observed to be consistently executed shortly after midnight Pacific time. This is an unpublished operational detail that ensures all Canadians receive these payments at the same time, regardless of their time zone of residence.
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would become a permanent option starting next year.