The FDIC is committed to supporting Americans during the coronavirus (COVID-19) health crisis. You will receive an economic impact payment electronically if you qualify and the Internal Revenue Service (IRS) has your bank account information from a recent tax filing. If your account information is not on file with the IRS, you can provide it to the IRS to receive your payment via direct deposit by following instructions for non-filers.
If you do not have an account, many banks offer ways to open one remotely – online or through a mobile app – without going to a bank branch. As long as you have a computer or a smartphone with access to the Internet, it is easy to get started. Learn more about mobile banking.
Where Can I Find a Bank That Can Open an Account Online?
FDIC's BankFind tool allows you to locate FDIC-insured banking institutions in your area. In addition to websites for individual banks, a few organizations have compiled lists of banks offering accounts that can be opened online:
How Do I Choose the Right Account for Me?
Many people who do not currently have a bank account may find that a “checkless” checking account may be a good option for a first bank account. Find more information on how to choose a bank account.
Providing Your New Bank Account Information to the IRS
When you open an account, the bank will provide you with a routing number and an account number. You can submit that information through the IRS portal to receive your economic impact payment if you are eligible. You can find more information on the IRS’s website, including these Frequently Asked Questions.