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Is there a limit on how much money I can send or receive by Interac e-Transfer?

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Sending an e-Transfer: The minimum Interac e-Transfer transaction is $0.01 and a maximum is $3,000. There are also hourly and daily limits:

  • For any 24-hour period, you can send up to $3,000
  • For any 7-day period, you can send up to $10,000
  • For any 30-day period, you can send up to $30,000

Receiving an e-Transfer:

As long as the sender is able to successfully send you money through an Interac e-Transfer, it will be deposited into the specified account.

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