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What is an etransfer

What is an etransfer

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Ethan Rotberg Updated Jul 30.

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An email money transfer (EMT) is a retail banking service that allows users to transfer funds between personal accounts using email and their online banking. Interac e-Transfer is a Canadian funds transfer service between personal and business accounts in participating Canadian banks and other financial institutions, offered through Interac Corporation. An Interac e-Transfer allows you to send money to anyone who has an email address or mobile phone, and an account at a Canadian financial institution. To send.

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Emails and text messages just carry the notifications to let you and the recipient know about the transaction, as well as a link to follow in order to complete the transaction if necessary. Interac e-transfer transaction limits Most banks limit the amount of money you can send or receive each day, week and month. Use the one-time contact feature and leave your contact list clutter-free.