Interac® e-Transfer allows you to send and receive money between bank accounts – simply, securely and conveniently.
Whether you’re sending money to your son or daughter away at college, chipping in on a group gift, or receiving payment for that restaurant tab you that picked up last week, Interac e-Transfer is a quick and secure way of sending funds electronically.
Sending and receiving money is just a few clicks away. All you need is an account at a Canadian financial institution and an email address to use Interac e-Transfer. A security question protects your money from being deposited by unintended recipients.
You don’t need to know the recipient’s financial institution or account information. An email carries the notification only, not your funds. Never worry about sharing your personal or financial information with the people you send money to: your address and account information are kept private.
Send and receive money quickly, at any time, at your convenience. To receive funds, just click on the hyperlink in the recipient email, sign into your Online Banking service, and answer a security question specific to you. Sending money is simple. Login to your Online Banking account, choose the recipient’s email address, enter the amount of funds to send, and a create a unique security question.
The fee for sending an Interac e-Transfer is $1.25. There is no fee for receiving an Interac e-Transfer.
To read Interac e-Transfer FAQ, click here.
To see a Step-by-Step Guide, click here.
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