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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.
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.