Convenient and Safe Payments to most investors holding Treasury bills, notes, or bonds in TreasuryDirect are made by direct deposit. So, when you establish your TreasuryDirect account , you must designate a bank account to receive your payments. Once you specify the bank account, the TreasuryDirect system will notify the bank that it will be receiving electronic payments into that account. Each time we make a TreasuryDirect payment to you, whether the payment is a refund, interest, or principal, it will be deposited directly into that account.
Direct deposit is convenient and safe.
You don't need to worry about lost or stolen checks, or standing in line at a bank to cash or deposit checks. Your designated financial institution will provide a periodic statement confirming all deposits. If we owe you money before we have confirmed your direct deposit arrangements, we will pay you by check. When you establish your TreasuryDirect account, you will be asked for your bank's routing number.