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| Interac® e-Transfers will be available soon!
Interac e-Transfers will be available here soon for you to send and receive money with your applicable Manulife Bank accounts. We’re pleased to be offering you this quick, easy and secure service that you’ve asked for:
- Quick: When you send an Interac e-Transfer, it is cleared within 30 minutes and the recipient can deposit it immediately upon acceptance.
- Easy to use: All you need is the email address or mobile phone number of the person to whom you want to send money.
- Secure: Interac e-Transfer offers the same level of security and confidentiality as other trusted online banking transactions.
How it works
When you send or receive an Interac e-Transfer, the recipient is notified by email or text messaging. Your money never actually travels by email or text message. The email or text message is only used to notify the recipient and to provide instructions on how to deposit the money. The money always resides safely at a financial institution and is transferred through existing payment networks that financial institutions have used for years to settle cheques, bank machine deposits and withdrawals.
Fees
There is NO FEE for receiving Interac e-Transfers through Manulife Bank online banking.
Following are the fees that will be associated with sending Interac e-Transfers through Manulife Bank.
| Applicable products | Fee for sending an Interac e-Transfer |
| Manulife One | 1 free transaction per month.
$1.25 per subsequent transaction |
| Manulife Bank Select ($14.00 fee version) | 1 free transaction per month.
$1.25 per subsequent transaction |
| Manulife Bank Select (pay per transaction version) | $1.25 per transaction |
| Advantage Account (Cdn $ only) | $1.25 per transaction |
| Business Advantage Account (Cdn $ only) | $1.25 per transaction |
| Access Line of Credit | $1.25 per transaction |
| Access Line of Credit Plus | $1.25 per transaction |
When will Interac e-Transfers be available?
We are adding this new service at the end of the summer. Watch for the announcement here when they are ready for you to use.
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