Follow these steps to make a deposit using Interac e-Transfer:
Step 1 — Sign Into Your Online or Mobile Banking
Log into your online banking account or open your mobile banking app.
Look for the Interac e-Transfer option, usually found under "Transfer Funds" or "Send Money".
Step 2 — Add a Payee
Select the option to add a new recipient.
Enter the recipient's email address or mobile phone number.
Ensure the details are correct to avoid delays or issues.
Step 3 — Enter the Payment Details
Choose the account from which you want to send the funds.
Enter the deposit amount.
If Autodeposit is not enabled for the recipient, create a security question and answer.
Make sure the question is not easily guessable and communicate the answer securely (e.g., by phone or separate message).
Step 4 — Review and Send
Double-check the recipient's info and the amount.
Confirm and send the transfer.
You may receive a confirmation message from your bank.
Step 5 — Notification and Completion
The recipient will receive an email or SMS notification.
If not set up for Autodeposit, the recipient must:
- Log in to their online banking.
- Answer the security question.
- Accept the transfer.
Once accepted, funds are usually deposited within minutes.
