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What’s Interac e-Transfer and what do I need to use the service?

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Interac e-Transfer service lets you send and receive money electronically, 24 hours a day, 7 days a week. It lets you send money to almost anyone with an e-mail address or mobile phone number and a Canadian-dollar bank account at a Canadian financial institution.

You need to be registered for online banking to use this service. You also need the recipient's e-mail address or Canadian mobile phone number and a security question and answer.
 

† Simplii Financial personal banking services are provided by the direct banking division of CIBC. Banking services not available in Quebec.
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