The simple way to send money directly to another person using 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 number1 and a bank account in Canada” without sharing any personal or financial information. It's a great alternative to cheques and cash.
Source: http://www.interac.ca/en/interac-etransfer/etransfer-detail
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