Yes, you can easily set up direct deposit to your Beacon Money account for:
Salary and payroll payments
Government benefits
Tax refunds
Other recurring deposits
Setting up direct deposit allows your money to go straight into your Canadian money account, securely and automatically.
How to Set Up Direct Deposit
You can access your direct deposit details in two ways:
Option 1: From the Home Screen
Open the Beacon app
On the home page, tap Add Money
Select Salary Deposit with Early Access
Option 2: From the Beacon Money Section
Open the Beacon app
Go to Beacon Money
Tap Add Money
Select Salary Deposit with Early Access
Once selected, you will see your direct deposit details (including your account and transit information), you can also download the void check if needed.
Share these details with:
Your employer’s payroll department
CRA or other government agencies
Any organization sending you recurring payments
What to Expect
Your deposits will follow the schedule set by your employer or payment provider
Processing times depend on the sender
Early access (if applicable) is subject to eligibility and payment timing
If you need help setting up direct deposit or locating your account details, contact us anytime at [email protected] or use the in-app chat.