Interac e-transfer is a service for transferring funds between personal and corporate accounts at participating Canadian banks and other financial institutions. An electronic transfer is in many ways similar to an electronic check.
The sender opens an online banking session and selects the recipient, the amount to send, and a security question and answer. Further, funds are debited instantly, usually for an additional fee. The sender sends a security response separately to the recipient, usually via another medium outside of the email.
The recipient is then sent an email or text message with instructions on how to receive the funds and answer the question via a secure website. If suddenly the recipient does not correctly answer the question after 3 attempts, the funds are automatically returned to the sender. If the recipient is signed up for online banking at one of the participating institutions, the funds are transferred instantly and without additional commission. Otherwise, funds are deposited within 3-5 business days, and an additional payment is deducted from the amount received.
Best Interac e-transfer withdrawal casino
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