Void cheques & direct deposits
Set up a direct deposit to receive your payments faster and avoid the hassle of having to deal with physical cheques and their processing time.
How to set up a direct deposit
Void cheque is now available and an easy way to set up a direct deposit. All you need to do is log in to your online banking and access your void cheque under Account Services.
If you don’t have access to your online banking, you can fill out a direct deposit form, then provide it to your employer or income provider.
Download a direct deposit form (PDF, 44KB)
Find your transit and account number
Please note that some employers or income providers may ask for a void cheque in order to set up a direct deposit. In many cases, employers or income providers will accept our direct deposit form in place of a void cheque. However, if you do require one, you can log in to your online banking account and download a void cheque. Here are instructions on how to access your void cheque.
What you’ll need to set up a direct deposit
In order to fill out a direct deposit form correctly, you’ll need the following information:
- You full name and address as it appears on your account statements
- Vancity’s Financial Institution Number: 809
- The account number you’d like your payments to be directly deposited into and your transit number
How to find your account and transit number - Your branch address
Find your branch’s address
How to access your void cheque
To access your void cheque to set up a pre-authorized payments or direct deposit, you will need to log in to your online banking account. Under Account Summary just click on the chequing or savings account you would like the transaction to go through and at the top of the page you will see a link to download your void cheque “Direct Deposit and Pre-Authorized Debit (PAD) Form”. Your account information such as transit number, branch number and account number will be pre-populated on your void cheque.
For more information on void cheques you can click on the Learning Hub articles below which will have steps on where to find this feature and how to access your void cheques.
How do I find my branch/ transit #..?
What is Pre-authorized payment?
What do I need to switch over to Vancity?
What Vancity members use direct deposits for
Vancity members typically set up direct deposits for things like their:
- Employment paycheques
- Pension payments
- Disability payments
- Government deposits
Have a question about direct deposits?
We’re here to help. Please contact us and we’ll make sure you get the information you need.