Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]
Interac Email Money Transfers enables caisse members to receive funds from account holders at banks that offer the service (Royal Bank, CIBC, Bank of Montreal, ScotiaBank and TD Bank).
How it works |
When someone transfers funds via their bank's online banking application, recipient members receive an Interac money transfer notice by e-mail, providing them with instructions on how to deposit the money. Funds are
transferred into members' accounts by direct deposit. |
Time frame |
Recipients receive funds within 4 to 6 business days. |
Cost |
A $4.00 fee is debited from the deposit amount. |
Your monthly plan may not cost you anything if you maintain the appropriate minimum monthly balance in your account throughout the entire month.
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