We're pretty sure that the 'e' in e-Transfer stands for easy. After you've used one to send or receive money, you’ll understand why.
- Simple, quick and secure way to transfer cash from Coast Online Banking or Coast Mobile Banking.
- There's no need to set up any new accounts, user IDs or passwords.
- All account details and financial institutions are kept confidential. All you need to send money is the recipient's mobile phone number or email address.
- Recipients are notified by email or text message that they have received a payment within approximately 30 minutes from when the transfer is initiated.
- There is absolutely no fee to receive money via an INTERAC e-Transfer. To send an e-Transfer a service fee of $1.50 per transaction applies.
Sending an e-Transfer
- Log in to Coast Online Banking and go to Transfer Money > Send INTERAC e-Transfer
- If you haven't already, create a profile with your email address and/or mobile phone number.
- Select a recipient, or add a new recipient by entering the person's name, email address and/or mobile phone number. Create a security question and answer that only you and the recipient know.
- Add an optional personal message (for security reasons, don't include the answer to the security question).
- Select an account from which to make the transfer and enter the amount.
- Send the INTERAC e-Transfer. Your account will be debited the transfer amount immediately, plus the $1.50 service fee.
Receiving an e-Transfer
- You'll receive an email or text message containing an encrypted link (the encrypted link can be identified by the use of 'https' instead of 'http').
- Click on the link and you'll be taken to a secure INTERAC website. From the INTERAC website, scroll to the Credit Union drop-down and choose British Columbia, then select Coast Capital Savings and click 'Deposit'. You'll be redirected to the Coast Online Banking login screen.
- Log in to Coast Online Banking to answer the security question and accept the transfer.
- Select the account where you wish to deposit the money.