Interac e-Transfer Betting Sites in Canada

Interac e-Transfer is a fast payment system that allows users to send and receive money to anyone in Canada using online banking. The banks make the transfer, which is requested using Interac. Transfers are almost instant but can take up to an hour depending on the bank.

Of course, Interac e-Transfer is a regulated payment system that has been in use for years. It’s used by members of the public for all kinds of reasons, not just as a payment system for online gaming.

It depends largely on which bank or credit union is involved in the process. Regardless of that, the process is always swift and simple. By logging into your bank you can make the transfer using Interac e-Transfer.

The money isn’t sent through a third party but through the users’ bank account. This means that the money is received automatically to the account of the person receiving the money.

As is with any online transaction, there are always limits on the amount one can send. So these fees are set by each financial institution. Check with the bank or credit union in question for more details.

No. The only way you can send money using the Interac e-Transfer payment system is through an associated bank or credit union. Always be sure that the bank in question offers Interac e-Transfer as a payment system.

In order to prevent unwanted funds arriving in the account is to ignore the notification until it expires after the 30 day period. Alternatively, decline the money directly through your bank account, which isn’t something all banks offer so if not use the aforementioned option.

If you cannot remember the answer to your secret question, or get it wrong too many times, the e-Transfer will automatically be cancelled.

It’s absolutely safe and reliable. This is assured as Interac e-Transfer doesn’t actually deal with the client's funds, it’s the banks that send the money.

Occasionally, there is a small fee from the financial interaction for using the Interac e-Transfer service. However, this isn’t always, so check with the bank in question.