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What is Interac e-Transfer Autodeposit?
Autodeposit is a great feature that saves you time and hassle; the money you receive using Interac e-Transfer can automatically be deposited into your account.
Setting up Autodeposit is easy. There is a one-time registration (no charge) to set up your email address and choose your preferred deposit account. Then, when someone uses Interac e-Transfer to send money to that email address from a Financial Institution that supports Autodeposit, the money will be automatically deposited to your chosen account. There's no need to answer a security question!
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Not all financial institutions support Autodeposit. For a complete list, visit the Interac e-Transfer website.
It's free to set up Autodeposit.
You may set up Autodeposit for each of your email addresses, up to a maximum of 5 email addresses per eligible personal bank account, or 100 email addresses per eligible business account.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.