How Interac® e-Transfer works

  1. Log into Sunrise Credit Union Internet Banking and navigate to the “Transfers” screen.
  2. Set up your sender profile and add your recipient and 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 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 INTERAC’S e-Transfer service, it’s no problem! They can still receive their funds by following the link to INTERAC’s site, at which time you will be asked to create or log into your existing INTERAC account.
  8. Once logged in, INTERAC 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: $3,000.00
Per Day: $10,000.00
Per Week: $10,000.00
Per Month: $20,000.00
A non-refundable fee of $1.00 will be charged for sending an INTERAC e-Transfer

Receiving Limits

Per Transaction: $25,000.00
Per Day: Unrestricted
Per Week: Unrestricted
Per Month: Unrestricted