The IRS tool to update direct deposit information is now live. However, it only becomes available for an individual taxpayer once the IRS has entered that taxpayer's data into the tool to allow for this.
You can check to see if you are able to update your information up to once per day here: Get my Payment.
The IRS program is an attempt to get payments to some taxpayers via direct deposit if they are able to do so in order to expedite transfer of funds. However, for those that the IRS cannot reach this way they will send checks, as they have under past programs, instead.
The distribution of the funds is managed entirely by the IRS and the IRS site is the only way to manage any updates to your information.
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