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When you sign up for direct deposit, we transfer money electronically to your bank account on the day you get paid. You can choose to get your VA pension payments, disability compensation, and education payments through direct deposit.
Change VA direct deposit information for your VA disability compensation, pension, or education benefits online. Sign in or register for a Premium account to update your information.
Follow our step-by-step instructions for changing your VA direct deposit information for VA disability compensation, pension, or education benefit payments. We’ll show you how to sign in and make changes online.
Direct Deposit and Contact Information Update. Update your payment and contact information for your VA compensation and pension benefits, and payment information for education benefits.
VBBP is a comprehensive program that helps Veterans and beneficiaries manage their monetary benefits using direct deposit. Direct deposit is a form of electronic funds transfer (EFT) whereby VA will automatically deposit money into checking or savings accounts.
Compensation Appeal Status. Check the status of your open compensation appeal. Update your direct deposit and contact information (Compensation, Pension, or Education) Update your payment and contact information for your VA compensation benefits. myPay. DFAS myPay single sign on from VA/DoD eBenefits has been disabled.
To update your direct deposit information for GI Bill payments you will need to go to VA's eBenefits website and do pretty much the same thing. Here are the detailed instructions.
The current available banking options include direct deposit into an existing bank account, electronic funds transfer into a Direct Express pre-paid debit card and mailing of a paper check for pre-approved beneficiaries. VBBP introduces new financial resources to Veterans and their beneficiaries.
Veterans who receive federal benefits should sign up for direct deposit to receive their benefit payments electronically. Direct deposit is easier, safer and more reliable than prepaid debit cards or paper checks that often get lost or delayed in the mail.
How to Set Up Direct Deposit for VA Benefits. The Veterans Affairs Administration (VA) made major changes in 2024 to how veterans receive their VA benefits. After April 20th, 2024, the VA requires all benefits recipients to get their VA payments via direct deposit.