Interac e-Transfer is a funds transfer service between personal and business accounts at participating Canadian banks and other financial institutions, offered through Interac Corporation.
How do I do an e-transfer?
Before you can send money, you'll need to register for Interac e-Transfer.
- Sign on. to Online Banking or the Mobile Banking App.
- Select “Interac e-Transfer”. This will take you to the Send Money page.
- Choose a contact. ...
- Enter amount and account. ...
- Enter a question and answer. ...
- Review details and send.
Can you get scammed on an e-transfer?
Interac e-Transfer interception fraud
e-Transfer interception fraud occurs when money is being sent via Interac e-Transfer from one bank account to another using an email address or phone number. Fraudsters will intercept the online transaction and divert the money to a different bank account.
