A closer look at Interac e-Transfers with Vancity in Canada

Vancity® offers a range of Interac® e-Transfer features for personal and business customers in Canada. You can receive money from friends and family or pay suppliers in seconds.

We take a closer look at Vancity Interac e-Transfer, including transfer limits, fees and how to send and receive your money via Interac.
We'll also explore how Wise can help with your spending. Use Wise as a handy money transfer alternative or as a complement to Vancity. Let's dive in!

What are Vancity's Interac e-Transfer limits?

You can use your Vancity account to send and receive Interac e-Transfers for yourself or your business, including bill payments and Interac Autodeposit.
Let's take a closer look at how much you can send, receive and request through Vancity Interac e-Transfer.

Personal account limits

You can send up to 3,000 CAD per transfer using your Vancity personal account. You can also send up to 10,000 CAD per cumulative 7-day period or 20,000 CAD per cumulative 30-day period.
You can receive up to 25,000 CAD per transfer into your Vancity account, or you can request a maximum of 3,000 CAD per request. There are no minimum transfer requirements for personal Vancity users.¹

Business account limits

For business customers, you can send up to 10,000 CAD per transfer or up to 20,000 CAD per 24-hour period.
You can send up to 20,000 CAD per cumulative 7-day period or 40,000 CAD per cumulative 30-day period.
You can't receive more than 25,000 CAD into your Vancity account via Interac, and you can request up to 3000 CAD at once from your recipient.²

How to send and receive e‑Transfers

It's easy to send and receive money via Interac e-Transfer. Let's take a look at how to use Vancity e-Transfer for your personal and business transactions.

Send money using Vancity Interac e-Transfer steps

Here's how to send an Interac e-Transfer via your Vancity account:

Step 1. Log in to your Vancity online banking account
Step 2. Navigate to "Transfer Money"
Step 3. Select "Send Interac e-Transfer"
Step 4. Choose your recipient in the "Transfer To" field and choose your account in the "Transfer From" field
Step 5. Enter your transfer amount and a message for your recipient
Step 6. Click "Continue" and "Confirm" to complete your payment³

Receive money using Vancity Interac e-Transfer steps

If you want to receive an Interac e-Transfer, simply follow these steps:

Step 1. Open your text or email notification from Interac
Step 2. Click "Deposit your money"
Step 3. Select "British Columbia" and "Vancity" from the dropdown menu
Step 4. Click "Deposit"
Step 5. Enter the last 10 digits of your member card number and your password
Step 6. Click "log in" and create an Interac e-Transfer profile if you don't have one already. Click "Continue"
Step 7. Answer the security question set up for your payment and click "Continue"
Step 8. Select "Accept this transfer and place it in account" and choose the Vancity account you'd like to use. Click "Continue"
Step 9. Review your transaction details and click "Confirm"⁴

You'll typically follow the same steps to send or receive money via your Vancity business accounts. Make sure you have access to online banking and your recipient's details.

Fees and account types

You'll pay a small fee for some e-Transfers. Let's take a look at how much it costs to send and receive money via select Vancity personal and business accounts.

Some Vancity accounts include a set number of free Interac e-Transfers. For example, you can access up to 25 free e-Transfers with your Essential Chequing account. After that, you'll pay 0.90 CAD per transfer.⁵

Vancity Interac e‑Transfer limits and fees

How fast are Vancity e‑Transfers?

Vancity Interac e-Transfers sent before 9:00 pm (ET) are processed immediately, which means your recipient should receive the payment the same day.

If you send your transfer after 9:00 pm (ET), your transaction may not be processed until the next day.⁷

Limitations of Vancity's e-Transfers vs Wise

Vancity Interac e-Transfer may not be the best choice for everyone. You can only send and receive money in Canadian dollars, which can be frustrating for global business owners who regularly conduct business overseas.²

Interac e‑Transfer isn't the most flexible method for scheduled payments. For example, you can't schedule transfers to non-Vancity accounts.⁸

You'll also pay 0.90 CAD to send or request Interac e-Transfers from some Vancity accounts. These transaction costs can really add up!

Vancity vs Wise – e‑Transfer and global transfers

Conclusion

Vancity's Interac e-Transfers are ideal for businesses in need of quick and easy domestic transfers, but they offer limited international capabilities.
You can only send money to other Vancity users, and you'll pay 0.90 CAD to send or request your transfers, depending on your account.
Wise is a better option for large, flexible international transfers. You can send and spend your money worldwide in freedom, whether you're receiving an invoice from Japan or paying family in the US.
To explore your global spending options, check out Wise.

Sources verified on 07 October, 2025