Organic Sulfur OS accepts Interac in Canada
How Interac e-Transfer
works
It's
just like sending cash, only now from your online or mobile banking
Interac e-Transfer
is a simple, convenient, and secure way to send and receive money
directly from one bank account to another. All you need is access to
online or mobile banking through a participating financial
institution, and you can send money to anyone with an email address
or mobile phone number and a bank account in Canada — without
sharing any personal or financial information. It's a great
alternative to cheques and cash.
How
your Interac e-Transfer
is protected
With Interac e-Transfer,
your money never actually travels by email or text message. Email and
text messages are only used to notify the recipient and to provide
instructions on how to deposit the money. Your financial institution
and your recipient’s financial institution transfer funds using
established and secure banking procedures.
Interac e-Transfer
rely on several security measures
- Encryption technology
- Confidential user IDs and passwords issued by financial institutions
- A secure login process
- A security question and answer to ensure only the intended recipient receives the money
The
benefits of Interac e-Transfer
- Send and receive money directly from and to your existing bank account
- The money can be accessed immediately after the transfer is accepted
- To send an Interac e-Transfer, all you need is the recipient's email address or mobile phone number
- Never share personal or financial information with the people you send money to: keep your address, phone number and account information private
- The security question protects your transfer from being deposited by unintended recipients
- No need to set up new accounts, user ID or passwords — you're already in online banking
- Email and/or text message carries the notification, so no need to get stamps or to find a mailbox
Tracking
your transfer
As
a sender - Interac e-Transfer
confirmation numbers are saved in your online banking history. In
addition, you will receive an email notification and/or text message
once the intended recipient has accepted the transfer.
As
a recipient -
You will receive an email notification and/or text message when the
transfer is sent, indicating the amount as well as instructions for
depositing it.
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