No service charges on these transactions until July 31, 2020
National Bank is proud to announce that it will be offering its personal banking clients a new online solution to send money abroad. International Transfer by Mastercard® and Interac® is the first joint cross-border solution that allows clients to send money from Canada to bank accounts internationally. At first, clients will be able to make transfers to 19 Eurozone countries. Other countries will gradually be added, for a total of around 100. Clients will be able to use this new product free of charge until July 31, 2020 via National Bank's online banking platform. After that date, a fee of $5.95 per transfer will apply.
"Our clients will be the first in Canada to access this new solution, offered in collaboration with two of our trusted partners. We're proud to be part of the launch of this product. Our clients now have a fast, simple and secure way to send money abroad, supported by trusted payment networks. Given the current situation, it's more important than ever to support our clients and offer solutions to make their lives easier," said Gabrielle Cournoyer, Vice-President – Card and Payment Solutions at National Bank.