A direct deposit payment is an electronic transfer of funds that are deposited into your bank account rather than through the use of a cheque.
Secure—There is virtually no risk that your payments will be lost, stolen or damaged.
Reliable—If you are sick, on vacation or travelling, you will still receive your payment on time.
Cost Efficient—In addition to being environmentally friendly, it will save money for Canadian taxpayers.
Convenient—You will have faster access to your money.
The Natural Sciences and Engineering Research Council of Canada (NSERC) and the Social Sciences and Humanities Research Council of Canada (SSHRC) consider privacy and security of utmost importance when issuing payments. Any information you provide to NSERC and/or SSHRC in support of direct deposit is protected under the Government of Canada’s Privacy Act. Access to your account is governed by your account agreement with your financial institution. Please consult with your financial institution for more information regarding security measures for accessing your bank account.
NSERC issues direct deposit payments to:
Accounting Services (direct deposit)
350 Albert Street
P.O. Box 1610
If you have any other questions about direct deposit or need help completing the form, please contact the finance department of the concerned organisation by email at email@example.com or firstname.lastname@example.org.
Yes, however, the direct deposit must be made in the currency of the country where you are living (except countries that are part of the European Union using Euros). Direct deposit is available in the following countries:
Australia, Australian dollar (AUD)
Czech Republic, Czech Kkoruna (CZK)
Denmark, Danish krone (DKK)
European Union, Euro (EUR)
Hong Kong, Hong Kong dollar (HKD)
India, Rupee (INR)
New Zealand, New Zealand dollar (NZD)
Norway, Norwegian krone (NOK)
Philippines, Philippine peso (PHP)
Sweden, Swedish krona (SEK)
Switzerland, Swiss franc (CHF)
United Kingdom, Pound sterling (GBP)
United States of America, US dollar (USD)
If you are an awardee or a committee member, you will write your name in this field.
If you represent an institution or a supplier, you will write the name of your institution or company and then you will write the name of the authorized representative in the space provided.
If you are an awardee, you will write your award number.
If you are a committee member, you will write your travel reference number.
If you are a supplier, you will write your contract number.
This field is only applicable to institutions and suppliers; you will write the name of the authorized representative or of the contact person.
The branch number, the financial institution number and the account number are found along the bottom of the cheque as shown in the diagram below. You can take the Direct Deposit Form to your bank branch and a bank employee will assist you in determining your bank account information.
You can take the Direct Deposit Form to your bank branch where a bank employee will assist you in determining your bank account information and assist you with the completion of your enrolment form.
You should receive your first payment by direct deposit generally within 20 business days following the receipt of your Direct Deposit Form.
Unfortunately, NSERC and SSHRC cannot split your payment between two accounts.
For any direct deposit in a bank account that is in a foreign country or over $5,000, the Receiver General of Canada requires NSERC and SSHRC to perform a due diligence process. This process requires that NSERC and SSHRC send a test payment in the amount of $5 into your bank account. You will receive an email advising you that there will be a deposit in your bank account within the following 72 hours.
As soon as you receive the $5 payment, you will need to send an email to email@example.com or firstname.lastname@example.org with your name, reference or award number, and your administering organization.
Once we receive a confirmation that you received the $5, we will set up the remainder of your current instalment and future instalments for payment via direct deposit.
Since the amount is deposited directly into your account, you will not receive a cheque stub. The information that is usually found on a cheque stub will be included in the email you will receive advising you that there will be a deposit in your bank account within the following 72 hours.
If you do not receive a payment, please contact your financial institution. If your financial institution is unable to assist you, contact NSERC or SSHRC at email@example.com or firstname.lastname@example.org.
To change your bank information, please complete a new Direct Deposit Form and select the Change box. In addition, make sure you do not close the old bank account before the payment is deposited in the new bank account.