Interac e-Transfer is a convenient way to send, request 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 or request money to anyone with an email address or mobile phone number and a bank account in Canada — without sharing any personal financial information*.
CASH IS KING. Cash deposits is the safest and fastest method to transfer cash across the country. The big 5 banks (RBC, Scotiabank, TD, CIBC and BMO) have a banking presence from coast to coast which means your account with them is valid from coast to coast. Rather than us relying on a payment processor (like interac) to send you money, we would rather inject funds straight to where you want them; your bank! The cash we deposit is available immediately for your use or savings.
Cash out your cryptocurrency anytime, anywhere
You will be charged 5% + $2.00 fixed fee for interac e-Transfers. This means that you will get 95% - $2.00 fixed fee of your desired cryptocurrency’s value. For example, if you have the equivalent of $100 in Bitcoin, we will give you $93. Remember that your crypto holds a perceived value and there is no “hard set” value for crypto - only market value!
Interac is a third party payment processor that facilitates the sending of funds through email. Once your transaction is confirmed, we then send you the appropriate amount of Canadian Dollars to the email you provided through the e transfer system
YES! We absolutely want you to feel comfortable with the process. While it can be nerve-racking, providing your banking info is safe as we only have access to deposit funds.