Send an Interac e-Transfer to someone who doesn't bank online (2024)

FAQs

Send an Interac e-Transfer to someone who doesn't bank online? ›

If the person you want to send money to doesn't have a bank account, they might already be using a mobile wallet. This is because you can link credit cards to mobile wallets, as well as bank-issued debit cards. If you send money to the person's mobile wallet, it'll be added to their balance.

If the person you want to send money to doesn't have a bank account, they might already be using a mobile wallet. This is because you can link credit cards to mobile wallets, as well as bank-issued debit cards. If you send money to the person's mobile wallet, it'll be added to their balance.

Note: If your contact is registered for Autodeposit from Interac e-Transfer, you won't be asked to enter a question and answer. Select “Next.” 6. Review details and send.

Interac e-Transfer is a fast and convenient way to send or receive money within the security of your online or mobile banking service — and you can use it to transact with a friend, a business, a charity, a babysitter …

Digital payment platforms

PayPal, Venmo, Western Union, and Cash App are some of the most popular payment services that do not require you to own a bank account to receive money. If you use a payment app like PayPal, Venmo, or Cash App, your recipient may sign up for the app and link a prepaid debit card.

Send an Interac^‡ e-Transfer to someone who doesn't bank online. You can transfer money to people who do not bank online with a participating financial institution. However, they may be charged an additional service fee.

Interac e-Transfer users are protected by multiple layers of security, making the service one of the most secure money transfer services globally. When you send money using Interac e-Transfer, your money doesn't actually travel by email or text message – just the notifications and deposit instructions.

Receivers have the option of accepting or declining an Interac e-Transfer. If the receiver declines the transfer, the sender can either cancel the payment to retrieve the funds or resend the e-mail transfer. You can cancel an Interac e-Transfer at any time, as long as the recipient has not deposited the funds.

If you need to send money to someone overseas, you can also choose to pay using Western Union money transfers via Interac e-Transfer. In this case your recipient can collect their money from a Western Union location in cash, in as little as 30 minutes after you arrange the transfer online.

Can Americans use Interac e-Transfer? ›

Interac e-Transfer is not available in the United States but it is possible to send money from a Canadian bank to the U.S. via Interac's partnership with MasterCard and Western Union.

One further distinction is that EFTs can only be used to transfer money between bank accounts in your name, whereas Interac e-Transfers can be used to send money to a third party—like the colleague who spotted you lunch money the day you forgot your wallet.

You can't use Zelle in Canada - it's for payments between US based banks only. Use this handy guide as a way to find alternative providers to make convenient, low cost, online and mobile payments to Canada.

If you don't have online banking, you can go to your local bank branch and ask them to transfer the money to a TransferGo bank account. We'll then send this money on to your receiver. First, you need to create a transfer order on our app or website.

eTransfers to a phone number will show up as a SMS text message with a link to deposit it at your bank. Optionally you can register your phone number and/or email address with your bank account to auto deposit.

You can transfer money offline through National Electronic Fund Transfer (NEFT), Real Time Gross Settlement (RTGS), or *99# service.

Bank Branch Transfer: Visit a bank branch and initiate a transfer using the recipient's account details. This option might involve fees. Cheque: Issue a cheque payable to the recipient and hand it over. This method is slower but might be useful in some situations.

A wire transfer is another option for transmitting money to someone else's bank account. Wire transfers can be done at banks, credit unions, or providers such as Western Union or Wise. To conduct a wire transfer, you'll usually need the account number, routing number and name of the recipient.