VA is Switching to Direct Deposit
The U.S. Treasury requires that ALL PAYMENTS be made electronically to Veterans, Vendors and Other Individuals.
Starting October 1, 2023 The U.S. Treasury requires that ALL PAYMENTS be made electronically to Veterans. This means that Beneficiary Travel, Copayment Refunds, and Caregivers must be paid electronically.
Switching to direct deposit is fast and easy!
Visit https://veteransbenefitsbanking.org/ to select an FDIC-insured bank or NCUA-insured credit union.
VBBP makes it easy for you to open free or very low-cost checking accounts. Plus, you can access other benefits, like online bill pay and low- to no-cost loans. You’ll know exactly when your money is available with direct deposit because payments go directly to your account on scheduled pay dates.
How to Enroll
If you do no t have an account:
Visit www.benefits.va.gov/banking
Call one of the participating banks/credit unions and mention Veterans Benefits Banking Program
If you have an account but are not using direct deposit
Visit www.va.gov/change-directdeposit
Call 1-800-827-1000 (711 for TDD)
Electronic Payments are Safe, Secure and Easy to Use.