For larger transactions Interac® does perform reviews which may take longer than 30 minutes. The length of time may also be affected by your email system and internet speed. If there are issues receiving the transfer, the sender will have to contact their financial institution for help.

How long does an e-transfer take to process?

How long will the transfer take? It usually takes approximately 30 minutes for a transfer to be received by the intended recipient. The recipient will receive an email or text message containing instructions. The sender will receive notification when the transfer has been completed or declined.

Why does it take 3 days to transfer money?

Why does it take so long to transfer between banks? Currently when you make an online payment to an account not with your own bank, it can take about three days to get there. That's because banks only transfer money at certain times of the day and only during business hours.