INTERAC® e-Transfer gives you the freedom to send and receive money quickly and securely between Canandian Financial Institutions - using a computer and/or mobile phone.

A text message and/or email notifies the recipient that money is waiting for them.

Benefits:

• Send and receive money directly from/to your existing bank account.
• The money can be accessed immediately after the transfer is accepted.
• You don't need to share financial account information, only a phone number or email address.
• The security question protects your transfer from being deposited by unintended recipients.
• No need to set up new accounts, user ID or passwords if you already bank online.
• Email and/or text message carries the notification, so no need for printing or mailing.
• eTransfers are FREE wtih accounts that offer bundled transactions.  Once the monthly transaction limit is reached, the cost is $0.75..
• Receiving an eTransfer is free!

For a list of Frequently Asked Questions about e-Transfers, click here.