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What is INTERAC e-Transfer?

Interac e-Transfer® is a secure, fast, and convenient way to send, request, and receive money from a person or a business with an email address or a valid Canadian mobile number, and an eligible bank account with a participating Canadian financial institution. Most transfers complete within one minute but some may take up to 30 minutes.

To send money using the Interac e-Transfer® service, the account number of the recipient does not need to be known – only their email address or mobile number is required.

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