1.00 CAD
It's a more secure option compared to offline methods.
The process is faster, ensuring your money reaches its destination promptly.
You can initiate the transfer from the comfort of your home.
You can access your funds as soon as the transfer is successfully completed.
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:
Interac Online - $2.99
E-transfer – Free
Bill Payment – Free
Electronic Funds Transfer – Free
Visa or Mastercard Debit - $2.99+
The maximum amount of money you can send depends on your account's verification level.
At Verification Level 1, the minimum requirement, you can send up to 50 CAD per day and a maximum of 500 CAD per month.
We highly recommend aiming for Verification Level 2, which allows you to send up to 3,000 CAD daily and up to 25,000 CAD monthly.
For users with larger transfer needs, we offer Verification Level 3, permitting you to send 9,000 CAD daily and up to 50,000 CAD monthly.
Stay tuned for Verification Level 4, which is in the works and will provide even higher sending limits.
Keep in mind that the verification process is a one-time requirement. Once verified, you won't need to submit any additional documents.