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Enroll in Direct Deposit
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The Direct Deposit service is useful to our clients who hold regular interest bonds, be it the Canada Savings Bond (CSB) or the Canada Premium Bond (CPB). The annual interest payments can be deposited directly into the bond owner's bank account. Payroll customers and Canada RSP owners can also take advantage of this service and have their redemption proceeds automatically deposited into their bank account. This is the easiest, safest and fastest way to receive your funds.
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Certificated Bond Owners (Regular interest CSB or CPB)
Please mail a completed Direct Deposit Information Form S839 to.
Canada Savings Bonds
PO Box 2770, Station D
Ottawa, ON K1P 1J7
or fax to (613) 782-8096
If you do not have access to a form, you may send:
A void blank personalized (bank imprinted) cheque; and
A letter indicating your Canada Savings Bonds customer ID and/or the bond numbers, series and their denominations.
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Payroll Savings Plan Owners
Please mail a completed Direct Deposit Information Form PSPDD to.
Canada Savings Bonds
PO Box 2770, Station D
Ottawa, ON K1P 1J7
or fax to (613) 782-7750
If you do not have access to a form, you may send:
A void blank personalized (bank imprinted) cheque; and
A letter indicating your plan number.
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The Canada RSP, or The Canada RIF Owners
Please mail a request including the following to the address indicated below:
A void blank personalized (bank imprinted) cheque; and
Your Canada RSP or Canada RIF plan number.
Canada Savings Bonds
Registered Products
PO Box 2390, Station D
Ottawa, ON  K1P 1K8
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NOTES:
Requests for changes to Direct Deposit (DD) information are not accepted by phone.
All registered bond owners must be named on the deposit account.
All registered bond owners must sign the request.
An authorized representative may sign on behalf of a registered bond owner, if a certified true copy of the document(s) indicating his/her official capacity has been provided. Fax and/or photocopies will not be accepted. Please mail certified true copies with the Direct Deposit request to the address(es) above.
A client will need to submit individual requests, if he or she wishes to set up a DD account for more than one type of CSB product, by sending the appropriate documents listed above.
This bank account information will replace any previous payment instructions you have given to the Bank of Canada.

Updated:    2006 09 18
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