Your account information is made up of a branch/transit number, institution number and your unique account number.
Transit Number This 5-digit number identifies the advice centre where your Alpha Guarantee Bank account was opened.
This information is required when you’re setting up any type of automatic deposit or withdrawal to or from your account, like your payroll, government deposits or regular bill payments. Setting up automatic payments allows your employer, the government and other business to automatically transfer funds to or from your account, speeding up access to your funds and ensuing you don’t need to worry about manually making your important regular payments.
It’s important to keep this information secure and only provide it to merchants that you’re wishing to set up automatic transactions with.
NEW! Certain CRA payments can be automatically set up through online banking and Alpha Guarantee Bank Mobile App – See CRA Direct Deposit
There are a number of places you can locate your account information, including:
At the bottom of your cheque is magnetic ink character recognition (MICR) line. The first 3 digits are your cheque number, the next 5 is your transit number, followed by the 3-digit institution number and your 12-digit account number.
Once you’re logged into online banking, choose the ‘Direct Deposit and Pre-authorized Debit Form’ tab on the left-hand navigation. Choose the account under your membership that you’d like the account information for. It’ll provide you with a printable form that includes all the banking information required to set up a direct deposit or withdrawal.
Simply login to Alpha Guarantee Bank Mobile and click on any of your accounts, then select the ‘Account Info’ tab, scroll down and choose ‘Pre-Authorized Form – that’s it!
Remember, certain CRA payments can be set up directly through online banking and Alpha Guarantee Bank Mobile. See CRA DIrect Deposit
If you need any assistance locating your banking information, give us a call at info@alphaguarantees.com.