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Economic Impact Payments

What you need to know

Economic impact payments will start going out to eligible U.S. residents this month. While most people won’t need to do anything to receive their payment, those with direct deposit set up will receive their funds faster than those waiting on a paper check. We understand that every moment counts, so we want to help you receive your payment as fast as possible.

Based on the latest information we have, the Internal Revenue Service (IRS) will be making payments as direct deposits starting April 15, which can viewed as recent transactions on the Bank of Hawaii mobile app and e-Bankoh on boh.com. They will begin mailing check payments starting later this month. All payments will be in waves and continue over several weeks.

Economic impact payment

How to check for your payment

If you have filed taxes:

Electronic debit or credit with the IRS

If you are eligible for the payment and have filed your taxes for either 2018 or 2019, you don’t need to do anything right now. However, the IRS and Treasury Department will be releasing a tool that allows you to track your payment, confirm your payment type (direct deposit or check), and set up direct deposit soon. For the latest information, please visit the IRS website. To receive your funds quickly, we highly recommend setting up direct deposit when it becomes available.

Without electronic payments

The IRS and Treasury Department will be releasing a tool mid-April that allows you to set up direct deposit soon. You can also track your payment, and confirm your payment type (direct deposit or paper check). To receive your funds quickly, we highly recommend setting up direct deposit when it becomes available. Visit the IRS website for more information.

Non-tax filers

The Treasury Department and the IRS launched a new web tool to allow quick registration for Economic Impact Payments (EIP) for those who do not normally file a tax return in order to set up direct deposit.

For a list of the information you will need to provide and the latest information, please visit the IRS website.

Customers can prepare to receive payments by:

Bank of Hawaii Routing Number

Hawaii: 121301028
Guam, Saipan & Palau: 121405018
International SWIFT: BOHIUS7

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