Interac eTransfer ®
Ways to send and receive money
Receive by Email or Mobile Number.
Money sent to your email address or mobile number is deposited after you answer the sender’s security question. With Autodeposit, you can skip the question entirely.
Get paid directly to your account.
Receive payments of up to $25,000 per transaction2 sent straight to your UCU account number. The sender just needs your transit, institution and account numbers, found in online banking or on your cheques.
Deposit money automatically.
Link your email address to the account of your choice with Autodeposit, and money sent to you is deposited automatically. No security question to answer.
Get invoices paid.
Request up to $3,000 with Request Money. Enter the amount, choose an account and add an optional message or invoice information.
Send money fast.
Send funds using the recipient’s email address or mobile number, any time of day. Transfers are completed through secure banking procedures.
See what each payment is for.
Payments sent to your account number may include invoice details from the sender, such as an invoice or purchase order number, to help you match payments to your records. View them any time in online banking.
Limits and Fees
Receiving
| Receiving by account number | Maximum per transaction: $25,0002. No daily, weekly or monthly limits on transfers received. |
| Request Money | Maximum per request: $3,0002 |
| Fee for receiving | Free |
Sending
| Sending Limits | Maximum per transaction: $10,000 Maximum per day: $20,000 Maximum per 7 days: $30,000 Maximum per 30 days: $40,000 |
| Fee for Sending | $1.50 per transaction |
Currency: CAD only
Interac eTransfer®
FAQ
Yes. UCU members can receive Interac e-Transfer payments sent directly to their account number with no security question required. Senders can bank anywhere in Canada, as long as their bank or credit union offers this capability. This works for both personal and business accounts at UCU.
UCU members can receive up to $25,000 per Interac e-Transfer transaction, with no daily, weekly or monthly limits on the transfers they receive. The amount a sender can transfer may be limited by the sender’s financial institution.
No. Each transfer received by account number is capped at $25,000, but there is no limit on the number of transfers you can receive or on the total amount, daily, weekly or monthly. You can receive as many payments as you need.
To send an Interac e-Transfer directly to your account, the sender needs your transit number, institution number and account number. You can find all three in UCU online banking, on your cheques or by asking at any UCU branch.
No. UCU members do not need to register with Interac or change any settings to receive payments by account number. Payments can be sent to your account as long as the sender’s financial institution offers this capability.
Payments sent to your account number, or through Autodeposit, are deposited once the transfer is confirmed, typically within seconds, with no security question to answer.
Transfers sent to your email address or mobile number without Autodeposit still require you to answer the sender’s security question before the funds are deposited.
Receiving an Interac e-Transfer at UCU is free, including payments sent to your account number. A fee applies to send an Interac e-Transfer; see Limits and Fees for details.
Payments sent to your account number may include additional details, similar to an invoice, such as the amount and an invoice or purchase order number. These details appear only when the sender includes them. You can view them in UCU online banking under Transfers, Interac e-Transfer, View History – Received.
Log in to UCU Online Banking and go to Transfers, then Interac e-Transfer, and select View History – Received. Choose the account and date range you want to review, then open any received transfer to see its full details, including any invoice information the sender included.
No. Sending an Interac e-Transfer from UCU works the same as before, using the recipient’s email address or mobile number.
01Interac e-Transfer® is a registered trademark of Interac Corp. Used under license.
02Limits apply to transfers received through UCU. The amount a sender can transfer, or is asked to transfer through Request Money, may be limited by their own financial institution.