INTERAC e-Transfer: a simple way to send and receive payments

Using Interac e-Transfer® can help save you time. Pay your suppliers and receive payments from clients at any time online or on the app.1

Simple

To send money using Interac e-Transfer, sign in to your online banking. All you need is the email or phone number of the recipient.1

Fast

Access your transfers online, 24/7, 365 days a year. You can also schedule transfers so that your recipients receive them on the date of your choice. This can help you optimize how you pay your invoices and collect payments from clients

Secure

Interac e-Transfer offers multiple layers of security: secure sign-in, encryption technology, and a security question for the recipient.

How to accept an INTERAC e-Transfer?

Have you received a notification concerning the transfer of funds? If this is your first deposit, make sure an administrator has consented to the use of Interac e-Transfer.

Afterwards, follow the steps outlined in our demo to learn how to deposit the funds into your business accounts.

Watch our demo

INTERAC e-Transfer at a glance 

$0

Receiving funds is always free of charge. Certain fees may apply when sending funds depending on your package.1

$25,000

The maximum amount that can be sent per 24-hour period.

$100,000

The maximum amount that can be sent per week.

30 minutes

Average processing time.

Good to know

The Interac e-Transfer feature can only be used if your recipients have an account with a participating financial institution in Canada. For your international activities, we offer global banking solutions to facilitate your transactions.

Discover these solutions

We’re here for you

Tells us about your needs

Schedule a call with one of our experts for advice tailored to your reality.

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Need immediate help? Contact us from Monday to Friday, 8 a.m. to 8 p.m. (ET).

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Enter the details of your request in our form. We’ll answer you by email as soon as we can.

The little details that matter

® INTERAC e-TRANSFER is a registered trademark of Interac Corp. Used under licence.
 

1. To send an Interac e-Transfer®, you need to sign up for online banking for business, and know the email address or phone number of the person you're sending the money to. The recipient must have an online bank account at a participating Canadian financial institution.
 

Service charges may apply when sending a transfer using the Interac e‑Transfer service and transaction fees may be added depending on the type of bank account, package or plan you have.  Please consult the Fee Guide – Banking Services for Businesses for details.