eTransfers


Progressive Credit Union Limited - eTransfers

You can use Interac® e-Transfers to send money in minutes to anyone with an email address and an account at a Canadian credit union or bank. The process is simple, convenient and secure. It's a great alternative to cheques and cash.

Ways to Use

With Interac® e-Transfers you can:

  • Send money to children at college
  • Send gifts to friends or family
  • Pay your rent electronically
  • Pay for items purchased online or at garage sales
  • Settle a bill with a friend
  • And much, much more...the possibilities are endless.

Benefits

  • Send and receive money directly from and to your existing bank account
  • There's no need to share personal or financial information, allowing you to keep your address, phone number and account information private
  • A security question protects your transfer from being deposited by unintended recipients
  • Email carries the notification so there is no need to get stamps or to find a mailbox

Is It Safe?

With Interac® e-Transfers, your money never actually travels by email.  Email is only used to notify the recipient and to provide them with instructions on how to deposit money.  Progressive Credit Union and your recipient’s financial institution transfer funds using established and secure banking procedures.

 

Learn More

Interac® e-Transfers website and demo

® Trademark of INTERAC Inc. Used under license

NEW Interac® e-Transfer SERVICES

 

Autodeposit 

Allows members to receive real time deposits of incoming e-Transfer transactions automatically into designated accounts. Members will register their email address(es) with Interac via online banking and then all subsequent 'Send Money' e-Transfers will be deposited immediately without the need to answer a security question.

 

R​equest Money

Allows members to request money from a contact in their e-Transfer recipient list. Members will pre-select the account to which the funds will be deposited if/when the request is fulfilled. When a request is fulfilled, the funds are immediately withdrawn from the recipient and deposited into the initiators account with a received notification.

 

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