Students can register for Direct Deposit (EFT) for any expected payments including refunds, awards, scholarships, bursaries, honorariums, and stipends.
- Register for Direct Deposit through this Link
- Direct deposit can only be made to Canadian financial institutions.
- Ensure the bank account information inputted is accurate and for an active bank account. There are instructions to follow in the direct deposit link.
- Your student name in ‘myBCIT’ must match the account/beneficiary name for the bank account information that is inputted. Any discrepancies will result in rejections that can delay your payment.