Bank Transfers as a Payment Method

Re:Bank Transfers as a Payment Method by jayaura on Friday July 14, 2023 @04:43PM (#36729659)

Did you mean interac? If not, could you provide more context please?

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Re:Bank Transfers as a Payment Method by Waterluvian on Friday July 14, 2023 @05:08PM (#36729962)

Probably Interac E-Transfer, yeah. I can’t think of any other. I use it all the time. Free. You send it to an email address, and then the recipient accesses it through their bank account with the password you gave them. Max $3000. Can sometimes take 10 mins to appear so it’s not great if you’re standing there trying to buy an CX990 elliptical from someone…

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Re:Bank Transfers as a Payment Method by moberley on Friday July 14, 2023 @05:33PM (#36730226)

It is not universally free unfortunately.

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Re:Bank Transfers as a Payment Method by post-it on Friday July 14, 2023 @05:53PM (#36730454)

Which banks still charge for it? Tangerine, Scotia, and RBC have it for free at least.

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Re:Bank Transfers as a Payment Method by Waterluvian on Friday July 14, 2023 @06:27PM (#36730781)

Simplii is also free.

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Re:Bank Transfers as a Payment Method by biscuitech on Friday July 14, 2023 @09:23PM (#36732193)

I think Royal and Desjardins charges

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Re:Bank Transfers as a Payment Method by post-it on Friday July 14, 2023 @11:17PM (#36732929)

I have the basic $4 RBC account and it's free for me.

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Re:Bank Transfers as a Payment Method by ix-ix on Saturday July 15, 2023 @11:24AM (#36737637)

Free for Desjardins too.

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Re:Bank Transfers as a Payment Method by moberley on Friday July 21, 2023 @09:07PM (#36822132)

I don't know about the banks but some credit union accounts have a fee for it.

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