Free Interac e-Transfers for all personal RBC chequing accounts | General financial discussion | Discussion forum

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Free Interac e-Transfers for all personal RBC chequing accounts
May 21, 2016
8:34 am
Norman1
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RBC announced earlier this month free Interac e-Transfer payments for all their personal chequing accounts: RBC (May 3, 2016): RBC makes sending money simple, instant and now free

Just on their personal chequing accounts though. There's still a charge for their savings accounts and business accounts.

May 21, 2016
5:33 pm
Rick
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Wow... how can they afford it? Wait...... .055% on their "High Interest" account.

May 26, 2016
10:03 am
james1900
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I like this feature. In fact, EQ bank is offering 5 free interac e-transfers per month.

May 26, 2016
11:13 pm
Rick
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Never had and don't expect to have a reason to e-transfer funds to anyone. But that's just me. Enjoy!

May 27, 2016
4:39 am
Norman1
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One can send an Interac e-transfer to oneself.

One can deposit the e-transfer to any account that accepts Interac e-transfers, like the EQ Bank Savings Plus Account.

May 27, 2016
6:14 am
AltaRed
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Love e-transfers. Am trying to get our various odd-job contractors to all accept e-transfers rather than writing cheques. So far, my experience is perhaps one quarter of them are now doing that and the trend is slowly growing. Will love the day when the chequebook is gone.

Added: I've sold some stuff on online sites via e-transfer as well, and in particular, buyers buying sight unseen with shipping involved. Just have to be sure to receive the e-transfer before handing over/shipping the goods. Way cheaper than PayPal.

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