A direct deposit usually takes one to three days to go through. If you get a direct deposit on a day when the bank is open, the money has to be available to you by the following business day. You might wait an extra day or two if the deposit comes in right before a federal holiday or over the weekend.

Alternatively, many online banking services provide account holders with direct deposit information that you can provide to the payor, including a form you can download and use in place of a void cheque.

Setting up your direct deposit is easy, download our Direct Deposit form, add your account number and type, then give it to your company's human resource representative.

The easiest way to get a direct deposit without a bank account is through a prepaid card. You can buy a prepaid card even if you're not an account holder at any bank. You buy the card, load some money on it, and use it. Most of these cards include the possibility of receiving direct deposits.

Setting up direct deposit You may be able to complete setup through an online portal. If not: Complete a direct deposit form. Provide the form to your employer's payroll office.

Mobile deposit allows you to quickly, conveniently, and safely deposit a check in your bank account without going to a branch or ATM. To make sure the process goes smoothly, follow the right steps, such as properly endorsing the check and taking clear photos of it.

For more information, contact your financial institution. Let them know you're signing up for direct deposit and they'll give you the information you need. Once you've enroled, you can continue to use your financial institution as you normally would: in person, at an ATM, online or over the phone.