Interac e-Transfer is a simple, convenient, and secure way to send and receive money directly from one bank account to another. All you need is access to online or mobile banking through a participating financial institution, and you can send money to anyone with an email address or mobile phone number and a bank account in Canada — without sharing any personal financial information. It's a great alternative to cheques and cash.
You can use Interac e-Transfer at over 200 participating financial institutions.
“I just wanted to contact you to say how much we enjoy using your service. Whenever we have a shift we cannot fill, we offer a $50 to $100 Interac e-Transfer as incentive to our staff. When we started using your service most of them had no idea what an Interac e-Transfer was, however now it’s become a regular practice! Great service!”
- Nathan Butcher, Director of Staff Operations, Montreal Institute of Swimming
Your money does not travel by email or text message – only notifications and deposit instructions do. Your financial institution and the recipient’s financial institution exchange funds using established and secure banking procedures.
There are security measures in place to protect your Interac e-Transfer transaction. Learn more.