Interac Email Money Transfer

Send and/or receive money quickly, conveniently, and securely using BMO Bank of Montreal's online Interac^®* Email Money Transfer service:

• Send money to your child away at school.
• Pay money owed to a friend, family member or neighbour.
• Send money to yourself to deposit into an account at another financial institution.
• Contribute to an office collection for baby showers, wedding showers, etc.

Benefits

• Easy to use: You need only to be registered for Online Banking and know the email address of the person you want to send money to.
• Convenient: Interac Email Money Transfer is a convenient, faster way to send and receive money.¹
• Secure: Interac Email Money Transfer has the same level of security and confidentiality as online banking transactions. Money is not sent by email – email is used only for notification purposes.

Features

• Two FREE Interac Email Money Transfers per month are included with the Performance and Premium Banking Plans and one FREE Interac Email Money Transfer is included with the Plus Plan; each additional Interac Email Money Transfer is $1.50.
• Cost is $1.50 to send an Interac Email Money Transfer.
• There is no cost to receive an Interac Email Money Transfer via Online Banking.²
• Minimum Interac Email Money Transfer amount is $10.
• Maximum Interac Email Money Transfer amount is $1,000 per day.

To send an Interac Email Money Transfer, sign-in to Online Banking.

Register for Online Banking.
Learn more about Everyday Banking Plans.

¹The deposit must be made at one of the following participating banks: BMO Bank of Montreal, CIBC, RBC Royal Bank, Scotiabank, TD Canada Trust.
²Recipients can receive Interac Email Money Transfer funds instantly and for free if they deposit the money online into a bank account at one of the five participating financial institutions (BMO Bank of Montreal, CIBC, RBC Royal Bank, Scotiabank, TD Canada Trust).