It’s 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 or financial information.
There’s no need to set up a new account and funds are available immediately.
Notification is by email or text – no need for stamps or mailboxes!
The service charge to send an e-transfer is $1.50.
View a demo to see how Interac e-Transfers work here.
For more information about the Interac e-Transfer service and a complete list of participating banks and credit unions click here or contact Teachers Plus at firstname.lastname@example.org and we will be pleased to assist you.