INTERAC e-Transfer: Move Money Online



INTERAC e-Transfer for Business is perfect for:

  • sending money to another business for payment
  • accepting money from customers
  • transfer funds from one bank account to another
Transferring money can now be done quickly and securely with INTERAC e-Transfer! All you need is your recipients email address or mobile phone number to send money in just a few quick and easy steps.

Interac is quick, convenient and easy!  Here's how:

  1. Log into Plainsview Credit Union Internet Banking and navigate to the "Transfers" screen.
  2. Set up your sender profile and add your recipient - make sure to create a Security Question that only your recipient knows the answer to.
  3. Choose how to notify your recipient, the amount you wish to send, and which account the funds will be transferred from. You can also choose to send a special message or memo to your recipient.
  4.  Send! The funds are debited from your account immediately.
  5. Your recipient will receive a notification that you have sent them an INTERAC e-Transfer†, and will follow the links provided in the email or text message to deposit their funds.
  6. Once they have answered the security question correctly, they can deposit the funds immediately - no holds, no hassle!
  7. If your recipient's Financial Institution does not subscribe to the INTERAC e-Transfer† service, it’s no problem! They can still receive their funds by following the link to Interac’s Interac Association’s site, at which time you will be asked to create or log into your existing account with Interac Association.
  8. Once logged in, Interac Association will proceed to deposit the transfer into your chequing or savings account (which usually takes 3-5 business days). For non-participating financial institution deposits, a $4.00 service fee will be deducted from the transfer amount.


Sending Limits:

Per Transaction: $3000.00

  • Per Week: $10,000.00
  • Per Month: $20,000.00
  •  A non-refundable fee of $1.50 will be charged for sending an INTERAC e-Transfer

Looking for more information? Visit the INTERAC e-Transfer homepage or FAQ page for more information on how this feature works, or contact us at 1-877-472-5222 and speak to a Member Service Representative.

 

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