How To Transfer Money Instantly Between Banks With INTERAC
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- Опубликовано: 30 июл 2024
- What’s the best way to transfer money locally, especially for smaller amounts? #interactransfer #moneytransfer #livingincanada
In this video I’ll walk you through how interac works, how much it costs, and what to look out for.
Share with me your thoughts and comments about this in the comments section!
// Skip to:
00:00 Other ways to transfer money
00:41 Why Interac is the best way to transfer money
00:50 Cost of Interac E-transfer
01:40 How Interac transfers work
work? (Things you need to transfer)
02:25 Walk through interac transfer (step by step)
03:00 About Autodeposit
03:38 Why to have Autodeposit on
04:26 How long does an interac transfer take?
04:41 Are there limits for interac transfers (sending and receiving)
05:25 Sending money internationally (and what service to use!)
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I am not a lawyer, not an immigration agent, and not a financial advisor or tax consultant. I do not give out any advice about immigration. I only share my personal experience and knowledge gathered while living in Canada. Please always check out the official government website on all things related to visa, permits, immigration, university and college websites, etc for the latest updates, and do your own research with everything.
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I came here after watching a video from a woman who accepted and interact transaction and they tried to steal her money. I think it needs more security than what this lady is saying.
Thank you so much, it's very helpful.
You're welcome, hope it clarified some things.
Great video. Thanks for sharing so worth information. Greetings from Colombia.
very usefull. thank you!!
Thanks for sharing
That was good. Thanks.
Thanks!
Watching from UK
I need to transfer money to my friend who has a royal bank card shes going to be my roomate how do i transfer money from my bmo to her royal bank?
Thank you very much^^
Welcome!
@@LivinginCanada View from the 905^^
Can Money be move from bank to e transfer account balance?
Does works this transfer in Europe too?
Hi if i have accounts on bank a and b both with same email ,where will i receive the money to ? Bank a or b
Good question! I started out using one account, so automatically the email let me deposit into that account. Afterwards I opened a second account but rarely used it.
It will go the bank account where you have Interac auto deposit turned on, which you can only have with a single bank.
hi there!
I need your help.
one of my clients sent payment through Interac, how I withdraw the money now, i am from Pakistan and i have wise account
Interac is domestic for within Canada
but since all you input is the email address, how does it know which bank account to send the funds to?
When you set up an account, you usually have to input your primary email address, so your interac transfer (to yourself) would link to that. I'm not sure if that's the exact mechanism behind the scenes though. If you had 2 accounts, then I think there's a way to link your interac payments to one of these accounts, but I've never tried it. Anyone who has done this, feel free to comment!
how to transfer money from email to local bank from philippines....thank you..
nice voice...rare that I notice these things😄
Oh, thanks! Good to know :)
Does the transfer thing work in the US, if someone sends you money from Canada?
Interac only works in Canada. For international transfers, you can use bank wire or services like 'Wise'.
@@LivinginCanada ohh okay ty
Could we get international payments from intrac
No only locally Canada
Hi I'm in Pakistan how I can receive money here?
What can i do if i transferred money to wrong email ?
If I remember correctly, you can cancel it on your side through the app you're using, as long as the recipient hasn't received the money yet (if they don't have autodeposit on). If their autodeposit is on then the money is instantly deposited, it will be difficult to retrieve it.
How do you transfer money via phone to phone #
I'm not aware of any direct way using phone numbers if that's what you mean. I just use the banking app on my phone to interac transfer.
How to inform the recipient the answer to the security question?
I usually just do it per e-mail, or if you know the person well, through text or in person. Hope this helps!
I hate the fact that card itself is also INTERAC, Having a card that is only Visa Debit or Mastercard Debit would be preferred
Timestamp: relevant video starts at 1:50
I'm from the Philippines how can i recieve interac
Interac is only for Canada
Update po?
plz help if possible
With what?
ахуенное видео, спасибо малая!!!
''Babysitting''????
meanwhile UPI - scan and pay in a sec
is it taxable when i received 3k cad from interac?
Income is taxable.
@@LivinginCanada but from my friend who owe me money is it taxable?
Can someone in Canada request me money in USA via etransfer ?
I've never tried that, sorry! But as far as I know interac only works within Canada. You could use a service like "Wise" to send money overseas, you can check out my video on that.
Hello,how do I contact you,need some help with questions concerning e transfer,share email kindly