"Interac e-Transfer transactions sent from a BMO account have the same level of security our customers have come to expect from BMO. ... "We're thrilled that BMO is meeting the needs of its customers by enabling them to make Interac e-Transfer transactions, free of charge."

Does BMO charge for e transfers?

There is no additional charge to receive an Interac e-Transfer. Receiving an Interac e-Transfer is considered an electronic credit to the account. Excess item or account per item fees may apply. 19.

Do you get charged for e-transfer?

It's free to receive and deposit an Interac e-Transfer. Sending one costs $1-$1.50 at the majority of banks and credit unions, but may be included as part of your monthly banking package.