Interac E-Tranfers
You can use Interac® e-Transfers to send money in minutes to anyone with an email address and an account at a participating Canadian credit union or bank. The process is simple, convenient and secure. It's a great alternative to cheques and cash.
Ways to Use
With Interac® e- Transfers you can...
- Send money to children at college
- Send gifts to friends and family
- Pay your rent electronically
- Pay for items purchased online or at garage sales
- Settle a bill with a friend
- And much, much more...the possibilities are endless
Benefits
- Send and receive money directly from and to your existing bank account
- There's no need to share personal or financial information, allowing you to keep your address, phone number and account information private
- A security question protects your transfer from being deposited by unintended recipients
- Email carries the notification, so no need to get stamps or to find a mailbox
Is it Safe?
With Interac® e-Transfers, your money never actually travels by email. Email is only used to notify the recipient and to provide them with instructions on how to deposit money. Beaubear Credit Union and your recipient's financial institution transfer funds using established and secure banking procedures.
Learn More
Interac® e-Transfers website and demo:
http://www.interac.ca/consumers/productsandservices_ol_eTransfer.php
List of participating financial institutions:
http://www.interac.ca/consumers/productsandservices_ol_eTransfer_list.php