Direct Deposit

Refunds of financial aid and other credits will now be sent through Transact directly to your bank account. If you provided a bank account and routing number to Student Business Services through the Direct Deposit process in MyFSU Student Central, your account information has been automatically converted to Transact. If you would like to sign-up for direct deposit, modify an existing record, or delete a direct deposit account, you will perform those actions in Transact. Transact provides a safe and secure way to manage your refund bank accounts with FSU.

Step 1: Login to

Step 2: Select "SC" to enter Student Central

Note: if you are a faculty or staff member your experience will differ from the student point of entry. To access Transact as a faculty or staff member, navigate to the My Finances portlet in the MyFSU Portal and click "Make a Payment".

Step 3: Select "My Bill" to enter your student financial account

Step 4: Select "Direct Deposit Refund" to be redirected to TRANSACT

Step 5: Select "My Account" from the TRANSACT menu

Step 6: Select "Sign Up" in the direct Deposit Refunds area

Step 7: Agree to the terms and conditions of erefunding

Step 8: Enter your refund bank account details

Note: Whether a bank account is "checking" or "savings" matters during the deposit process. Be sure to select the right option for your account.

Step 9: Bank account review

Step 10: Security verification process and email

After selecting "Complete" Transact will notify you that it needs to validate your identity. You will receive an email to your MyFSU email address which contains a code needed to complete bank account setup.

Step 11: After entering your code the bank account will appear as an e-refund account