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If you require additional information, you can: In some instances, your financial institution will provide you with some payment details on your banking statement (paper or online), such as CPP for Canada Pension Plan and OAS for Old Age Security. I've received a payment by direct deposit and I don't know what it's for. Can I request that my payments be deposited in different bank accounts?" for additional information on requesting payments to be deposited in different bank accounts. See " I receive more than one type of payment.
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Note: It is recommended that you do not close your old bank account until your first payment has been deposited to your new bank account.
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The Government of Canada considers privacy and security of utmost importance in the issuance of payments. When enroling in direct deposit, how can I be sure that my personal information, including my banking information will be protected?