Interac e-Transfer

  • Send money to children at university
  • Pay back money owed to friends
  • Pay the sitter, tutor, dog walker

PLUS:

When you send money using the Interac e-Transfer service all your recipient needs is a Canadian dollar account at a Canadian Financial Institution, and an email address.

Right for you if:

  • You need a quick and secure way of sending or receiving money electronically
  • You want to move money to or from any Canadian bank account

How it Works

  • Sign on to Scotia OnLine and select the "Interac e-Transfer" navigation link within the Banking tab
  • Key the email address of the person you want to send money to
  • Create a Security Question that only the person you are sending money to will be able to answer
  • Key the amount you want to send, and the account from which you want to withdraw
  • The money is withdrawn from your account, and an email notification is automatically sent to the email address you provided
  • The other person clicks on a hyperlink in the email, and they are taken to their online banking sign on page
  • After signing on and answering your Security Question, they can deposit the funds immediately to their account*. No holds, no hassles, and the funds are guaranteed.