What to love about direct deposits

Enjoy the convenience

Access your cash right away

Keep your money secure

Examples of direct deposits:

Recurring direct deposit

Need to switch to a new payroll provider?

Quickly update your current direct deposit information

How to have your money automatically deposited

Computer screen showing how to set up direct deposits in CIBC Online Banking.

STEP 1

Sign on to CIBC Online Banking®.

STEP 2

Select the account you want to deposit your money into.

STEP 3

On your Account Details page, select “Manage My Account.” From the dropdown menu, select “Void cheque/direct deposit info.” A preview of your void cheque with your account information opens.

STEP 4

Select “Open PDF”. Print or save the form, sign it and give it to your employer or provider.

Mobile phone screen showing how to set up direct deposits in the CIBC Mobile Banking App.

STEP 1

Sign on to the CIBC Mobile Banking® App.

STEP 2

Select the account you want to deposit your money into.

STEP 3

Select “Account Info,” then select “View cheque.” A preview of your void cheque with your account information opens.

STEP 4

Select “Open PDF.” Print or save the form, sign it and give it to your employer or provider.

Return to options

Update your current direct deposit information to your employer’s payroll provider

Direct deposit with Dayforce

STEP 1

Go to the Dayforce Direct Deposit page.

STEP 2

Go to “Profile” and select the “Forms” tab.

STEP 3

Select the “Direct Deposit” form.

STEP 4

Select “Add” and fill out the fields to identify the account.

Each character that you enter in an account-related field is masked with an asterisk to help secure sensitive information. Select the peek icon to toggle the visibility of the data.

STEP 5

In the “Deposit Type” setting, select an option to define how Dayforce distributes the amount to this account:

  • To distribute all pay to this account, select “Remainder / Full Amount.”
  • To distribute pay to more than one account, select another option.

STEP 6

Select “Submit.”

Direct deposit with ADP

STEP 1

Go to the ADP Direct Deposit page.

STEP 2

Select “Pay & Taxes.” 

STEP 3

Select the “Direct Deposit” tab.

STEP 4

Select “Update Direct Deposit.”

STEP 5

Select “Edit” for the account you want to change.

STEP 6

Update the account information and select “Done.”

STEP 7

At the bottom of the page, select “Save.”

Direct deposit with Bamboo 

STEP 1

Go to the Bamboo Direct Deposit page.

STEP 2

Go to the “Pay Info tab” and select “Update Direct Deposit.”

STEP 3

Add the following information to each bank account:

  • $ or %: Determine an exact amount or a percentage of the remaining total. By default, it will be set to %.
  • Amount or Percentage: If selecting $, then enter an exact amount. If selecting %, then enter the percentage amount.
  • Account Number
  • Routing Number
  • Account Type: Select if the account is a Checking or Savings account.

STEP 4

Once the direct deposit information is complete, select “Save,” and the information will appear in the Direct Deposit table.

Direct deposit with WorkDay

STEP 1

On the Workday homepage, select “Menu,” then select “Pay.”

STEP 2

Select “Payment Elections” to manage your direct deposit information.

STEP 3

Under “Accounts,” select “Edit” and update your bank details.

STEP 4

Once you have entered your bank details, select “Ok.”

Set up direct deposits for government payments

More ways to move money

Send, receive and deposit money — near or far

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