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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.