Deposit Account
An account established for one person by an agent, nominee, guardian, custodian, or conservator, including Uniform Transfers to Minors Act accounts, escrow accounts and brokered deposit accounts An account held in the name of a business that is a sole proprietorship (for example, a 'Doing Business As' or DBA account). What is Direct Deposit? Direct deposit is a simple, safe, and secure way to get benefits. If you need us to send your payment to a bank or credit union account, have all of the following information ready when you apply. A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money.Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below.
- A certificate of deposit (or CD) is an account you leave untouched for a set time while it grows interest. You choose your term length 3 and how much money to deposit. Along with earning interest, the account is FDIC insured. Read more about CDs.
- Deposit Account Control Agreement (DACA) — A tri-party agreement among a customer (debtor), a secured party (lender) and a bank that allows the lender to perfect a security interest in the customer’s funds by taking control of the deposit account (UCC § 9-104).
General Information
The Copyright Office maintains deposit accounts for those who frequently use its services. An individual or firm may establish a deposit account, make advance deposits into it, and charge copyright fees against the balance in the account instead of sending separate remittances with applications and other requests for services.
The electronic Copyright Office web portal allows users to establish a deposit account, replenish account funds, and charge copyright fees for services transacted online.
Notes:
- Open a deposit account only if you intend to request at least 12 transactions a year and maintain a $450 minimum balance. The Office will automatically notify the Deposit Account holder when the account goes below that balance.
- The Copyright Office will close a Deposit Account the second time the Deposit Account holder overdraws his or her account within any 12-month period. An account closed for this reason can be re-opened only if the holder elects to fund it through automatic replenishment.
- To ensure that a Deposit Account’s funds are sufficiently maintained, a Deposit Account holder may authorize the Copyright Office to automatically replenish the account from the holder’s bank account or credit card. The amount by which a Deposit Account will be replenished will be specified by the holder. Automatic replenishment will be triggered when the Deposit Account goes below the previously established minimum level of funding, and Deposit Account holders will be automatically notified that their accounts will be replenished. Funding through automatic replenishment is required if a Deposit Account holder, who has had an account closed because it has been overdrawn twice within any 12 month period, wishes to re-open the account.
DA Setup
If you are already a registered electronic Copyright Office (eCO) user and want to establish a deposit account online, you must first create an organization account in the electronic Copyright Office. Log in to eCO and click the Organization / DA link under Copyright Registration in the navigation bar on the left side of the Welcome screen. Once your organization account has been created, eCO will prompt you to add users to the organization account (optional) and to establish a deposit account. After you have completed your set up, contact us at 202-707-6896 or by email at[email protected] to link your online account. To expedite the linking process, please have the name of your organization account available. Once your deposit account is linked to your eCO user account, you may replenish the account by electronic check (Automated Clearing House—ACH) or by credit card. Or you may mail a check to the Copyright Office at:
Attn: Deposit Accounts
Copyright Accounts Section
PO Box 71380
Washington, DC 20024-1380
Note: When creating a deposit account, DO NOT include punctuation marks in any of the required fields; this will prohibit your deposit account setup. If you are experiencing problems setting up your deposit account, contact us at 202-707-6896
DA Payments
To charge service fees against a deposit account, give the number of the account on all requests. When filing a copyright claim online via the electronic Copyright Office (eCO), click the “Pay-Deposit Acct” button on the “My Cart” screen. The screen will update to display any deposit accounts linked to your eCO account; click the “Pay” icon corresponding to the account you would like to use for payment.
Important: Filing fees are nonrefundable after receipt in the U.S. Copyright Office. See Circular 4.
Note: The Copyright Office enables the account holder to view their electronic statement in the Organization of your electronic account. In addition, the office sends the account’s personal representative a monthly statement via email for any month during which the account was active, showing deposits, charges, and balances.
DA Replenishments
Once your deposit account is linked to your eService user account, you may replenish the account by electronic check (Automated Clearing House—ACH) or by credit card. Click the corresponding “Pay” icon for your account on the Organization / DA screen. You will automatically be directed to the U.S. Treasury’s pay.gov webpage that will request your credit card or bank account information. When you have submitted the payment from the pay.gov website, you will automatically be returned to the Copyright Office eCO webpage.
You may also mail a check to the Copyright Office; however this may cause a delay in replenishing the account. Using only the US Post Office, mail all checks with the 5 digit deposit account number to:
Deposit Accounts Blog
Deposit Accounts
Copyright Accounts Section
P0 Box 71380
Washington, DC 20024-1380
Notes: There is a service charge for Overdraft/Insufficient Funds/Bounced Replenishment Checks. Deposit account holders who submit requests for services for which no funds are available will be charged a $250 “overdraft” fee to cover the cost of extra processing. Additionally, the Copyright Office will charge an $100 service charge for handling dishonored replenishment checks.
Contact Us
For all Deposit Accounts related questions:
Phone: 202-707-6896 8am-5pm (est.) Mon-Fri
Email: [email protected]
Fax: 202-252-2098
Note: For all other questions or inquiries contact our Public Information Office at 1-877-476-0778 (toll free) or 202-707-3000.
Home Contact Us Legal Notices Freedom of Information Act (FOIA) Library of CongressU.S. Copyright Office
101 Independence Avenue SE
Washington, DC 20559-6000
(202) 707-3000
Revised: 21-Mar-2013
Deposit Accounts Savings
Set Up or Change Your Direct Deposit of Benefit Payment
Do you want to set up or change the direct deposit of your benefit payment? We are constantly expanding and improving our online services, including the ability to set up or change your direct deposit information. If you already receive Social Security or Supplemental Security Income (SSI) benefits and you have a bank account, simply log in to or create your personal and secure mySocial Security account.
What is Direct Deposit?
Direct deposit is a simple, safe, and secure way to get benefits. If you need us to send your payment to a bank or credit union account, have all of the following information ready when you apply.
- Social Security number
- Bank routing transit number
- Account type (checking or savings)
- Account number
How to Set Up or Change Direct Deposit of Benefit Payment Online
- Log in to your account.
- Sign in and Select the blue Benefits & Payment Details link on the right side of the screen.
- Scroll down and select the Update Direct Deposit button, and choose if you are the owner or co-owner of the bank account.
- Enter your bank account information and select Next.
- Review and verify your banking information and select Submit then select Done.
- You can also decide when your change will take effect, by simply using the My Profile tab within mySocial Security.
Don't have a mySocial Security Account?
Creating a free mySocial Security account takes less than 10 minutes, lets you set up or change your direct deposit and gives you access to many other online services.
Additional information related to this service
As of March 1, 2013, you are required to receive your payments electronically. If you applied for benefits before that date and did not sign up for electronic payments at that time, we strongly urge you to do so now. For more information regarding switching to an electronic payment if you don’t have a bank account, visit Treasury’s Go Direct website or call the helpline at 1-800-333-1795.
Still have questions?
If you have questions or need help understanding how to set up or change direct deposit online, call our toll-free number at 1-800-772-1213 or visit your Social Security office. If you are deaf or hard of hearing, call our toll-free TTY number, 1-800-325-0778, between 8:00 a.m. and 5:30 p.m. Monday through Friday.