What is an Interac Email Money Transfer?

Interac Email Money Transfers are just like sending cash, only now it’s done electronically. It is a simple, convenient, and secure way to send and receive money directly from one bank account to another.

All you need is access to online banking through a participating financial institution, and you can send money to anyone with an email address and a bank account in Canada — without sharing any personal or financial information. It's a great alternative to cheques and cash.

Visit the Interac website for additional information.