VA recently announced that more than 50,000 Veterans have switched to receiving their benefit payments through direct deposit.
If you receive VA benefit payments through a pre-paid debit card or paper check, there is a simpler, quicker way to receive the benefits you have earned.
Veterans who receive federal benefits should sign up for direct deposit to receive their benefit payments electronically.
The Veterans Benefits Banking Program (VBBP) has made it easier and safer than ever before to receive your benefits electronically and protect yourself from fraud. Since the program launched in December 2019, VBBP has helped ensure nearly 25,000 Veterans and beneficiaries are no longer at risk for financial fraud tied to pre-paid debit cards and paper checks.
VA)has partnered with the Association of Military Banks of America (AMBA) to launch the Veterans Benefits Banking Program (VBBP). With VBBP, Veterans and their families can safely, reliably, and inexpensively receive and manage their VA monetary benefits through financial services at participating banks.
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