How to Send Money with RBC Interac e-Transfer

Sending money with RBC Interac e-Transfer is one of the fastest and most convenient ways to transfer funds within Canada. Whether you're paying rent, splitting a restaurant bill, or sending money to family or friends, you can complete the transfer in just a few steps using RBC Online Banking or the RBC Mobile app. The service is protected by multiple security features, helping keep your transactions safe.

When Should You Use Interac e-Transfer?

RBC Interac e-Transfer is useful for many everyday situations, including:

Paying friends or family
Sending rent or utility payments
Sharing travel or dining expenses
Paying small businesses that accept Interac e-Transfer
Receiving money directly into your bank account

It's a convenient alternative to cash or cheques for many personal payments.

Sending Money Through RBC Online Banking

To send an Interac e-Transfer:

Sign in to your RBC Online Banking account or open the RBC Mobile app.
Select Interac e-Transfer from the Payments or Transfers menu.
Choose or add a recipient.
Enter the amount you want to send.
Add an optional message.
Review the details and confirm the transfer.

The recipient will receive a notification with instructions to deposit the funds. If they have Interac Autodeposit enabled, the money may be deposited automatically.

Receiving an Interac e-Transfer

Receiving money is just as simple:

Wait for the email or text notification.
Follow the instructions provided.
Sign in to your financial institution if required.
Deposit the funds into your eligible bank account.

If Autodeposit is enabled, the money is deposited automatically without answering a security question.

Tips for Secure Money Transfers

To help protect your account:

Double-check the recipient's email address or phone number.
Never share your online banking password.
Create a strong security question if Autodeposit isn't being used.
Monitor your transaction history regularly.
Sign out after completing your banking session.

If you've recently received a new RBC debit or credit card, you may also need to activate it through rbc.com/activate before using other eligible banking services.

Common Questions

How long does an RBC Interac e-Transfer take?

Many transfers are completed within minutes, although delivery times can vary depending on the recipient's financial institution and whether Autodeposit is enabled.

Is there a limit on how much I can send?

Transfer limits may vary depending on your account type and RBC policies. Check your account details for the most up-to-date limits.

Can I cancel a transfer?

In some cases, you may be able to cancel a transfer if the recipient has not yet deposited the funds. Check your transfer status in RBC Online Banking for available options.

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