EasyWeb Tip of the Week
It's easy to transfer funds using Interac e-Transfer®.
- Log in to EasyWeb.
- Register for Interac e-Transfer. Select "Interac e-Transfer®" from the left menu. Register by providing your name and email address.
- Add a Recipient. Get the email address of the recipient and make sure they have a personal bank account at a participating Canadian financial institution1. Then, follow the instructions to add a recipient.
- Send Money. Follow the steps to send money. The recipient will receive an email notification that the money is ready to be deposited into their bank account, or if they've set up Autodeposit, that the money has been deposited. You will receive an email notification once the deposit is complete. The fee to send an Interac e-Transfer from a personal account is $0.502 for each transfer of up to $100, and $1.002 for each transfer of over $100. The fee to send an Interac e-Transfer from a business account is $1.502. It’s free3 to receive and deposit an Interac e-Transfer online through a participating Canadian financial institution.
Your Interac e-Transfer takes place with the same level of security as every EasyWeb banking transaction.
1 For a list of participating institutions please visit Interac at: www.interac.ca/en/interac-e-transfer-consumer.html#sp-expandable-content-wrapper. Alternatively, the recipient can collect an Interac e-Transfer using the Interac e-Transfer site. Service is only available for Canadian-dollar accounts held in Canada.
2 Transfer fee does not apply if you send money using Interac e-Transfer from a TD Student Chequing Account, TD Every Day Chequing Account, TD Unlimited Chequing Account, TD All-Inclusive Banking Plan account, or a business chequing account with a TD Unlimited Business Plan. Regular account transaction fees may also apply. Transfers can only be made from Canadian dollar bank accounts.
3 If the recipient collects the money through online banking with a participating Canadian financial institution, the transfer will take place usually within 30 minutes. If the recipient chooses to deposit the money using the Interac e-Transfer site, it will take approximately 4 - 6 business days to complete and a service fee will be deducted by Acxsys Corporation.
Interac e-Transfer is a registered trade-mark of Interac Inc. Used under license.
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