Direct deposit for CRA payments

Question 1 of 4

1. CRA direct deposit sends money to:

   A Canadian bank or credit union account you set up A gift-card balance from a text message
2. Can you usually start CRA direct deposit by phone today?

   Yes, always No — CRA says you can no longer sign up or update by telephone
3. Before closing an old bank account after switching deposit info, you should:

   Wait until a payment shows up in the new account Close it the same morning
4. CPP and OAS use exactly the same CRA direct-deposit screen for everything.

   True — one click fixes all governments forever False — CRA notes other departments have their own processes