How to Set Up Bank of America Direct Deposit

Get money faster in your Bank of America checking account.

Most of us get some kind of regular income, whether it’s a paycheck, Social Security payment or pension payment. To save you the hassle of depositing the check and waiting for the funds to clear, it might be time to consider direct deposit.

Bank of America offers direct deposit for its customers. Here’s how to set up direct deposit for your Bank of America checking or savings account.

What Is Direct Deposit?

Direct deposit is simply the electronic transfer of funds from the entity that is paying you, which might be your employer or a government agency, into your bank account. Direct deposit is faster and less expensive than issuing paper checks.

Find out: How Long Does Direct Deposit Take?

How to Set Up Direct Deposit With Bank of America

Setting up direct deposit is simple. Here’s what you need to know if you want to set up direct deposit for your Bank of America account:

  1. Find your Bank of America routing number and account number. Your account number is printed on your checks, your monthly account statement or on the paperwork you received when you opened the account. You can also look up your routing number on Bank of America’s website. Make sure you choose the routing number for electronic payments — it might be different from the one that’s on your paper checks.
  2. You will also need the name and address of your employer if you’re setting up direct deposit for your paycheck.
  3. For benefits being paid by the federal government, such as Social Security benefits, Veterans Affairs benefits or other federal benefits, visit to set up direct deposit. The Treasury Department requires that government benefits be paid through direct deposit.
  4. Sign in to your Bank of America account online to enroll in direct deposit.  Follow the instructions to complete your sign up.
  5. Some employers require you to fill out a separate form to set up direct deposit. They might request a voided check, blank check, or deposit slip from the account you want your payments deposited into to process your request. Print out a copy of the Bank of America direct deposit form and enter the following information:
  • The name and address of your employer
  • The type of account you have, checking or savings, your routing number and account number
  • Whether you want the entire amount direct deposited into one account or split between multiple accounts

Then, bring the form to your payroll or human resources department for processing. Once you take these simple steps, you’ll get your money faster and save yourself a trip to the bank.

More From Your Money
Sponsors of

More on Bank of America

More on Direct Deposits

Related Video

About the Author

Karen Doyle

Karen Doyle is a personal finance writer with over 20 years’ experience writing about investments, money management and financial planning. Her work has appeared on numerous news and finance
websites including GOBankingRates, Yahoo! Finance, MSN, USA Today, CNBC,, and more.

Read More