Setting up your direct deposit​ 

Setting up your direct deposit allows you to receive payments directly into your bank account. You may need to set up direct deposit in Workday to receive a refund, bursary or scholarship, funding from a US Loan, an expense reimbursement ,or a paycheque from UBC as a student staff. 

To set up direct deposit information, you will need a chequing or savings account at a Canadian financial institution or bank. You can find your banking information, like your Institution Number, Transit Number, and Account Number,in your account information in online banking. Contact your financial institution for support if you are unable to locate this information. 

On this page:

How to add your direct deposit information  

Go to your Finances App in Workday

  1. Log into your Workday account at myworkday.ubc.ca. 
  2. Select “Student” in the navigation bar on the left. 
  3. Select “Finances”.  

Add your direct deposit information

  1. Select the “Direct Deposit (Payment Elections)” link in the “Banking Details” menu on the right. 
  2. Click the “Add” button. 
  3. A new pop-up window will appear.  In the “Preferred Payment Method” section, make sure the following types of payments are set to “Direct Deposit”:  
    • Student Refund: includes tuition credit refunds, award funding, and US loans.  
    • Expenses: refers to expense reimbursements from UBC.  
    • Regular: refers to payroll if you are a student staff.  
  4. Complete the required fields indicated with a red asterisk mark (*):   
    • Institution Number   
    • Account Number   
    • Transit Number 

Note: If you have more than one bank account, you can choose to receive different payments in each. For example, you can receive your scholarship money in a bank account that’s different from where you receive your student employee paycheque. 

Direct deposit page details

5. Click “OK” to save your information.

Review your direct deposit information 

After saving your direct deposit information, you will be returned to the “Payment Elections” page.

Your details will be listed in a table under “Payment Elections”. Review your details to make sure you receive your direct deposits.

direct deposit info

How to edit your direct deposit information

First, go to the Direct Deposit (Payment Elections) page

  1. Follow the steps above to go to your Finances App
  2. Select the “Direct Deposit (Payment Elections)” link in the “Banking Details” menu on the right.
  3. Under the “Accounts” table, use the buttons in the “Action” column to update your bank account information:  
    • Remove: Remove a bank account from Workday. If you are removing a bank account from your direct deposit information, make sure you remove this account from all payment elections before deleting it.  
      • Under the “Payment Elections” table, use the Edit button in the “Action” column to update a specific payment type, including the bank account a payment is deposited in.   
    • View: View your bank account details.  
    • Add: Add another bank account. 

Additional resources

Last updated on August 4, 2026 @1:47 pm