TD e-Transfer: A complete guide to using the Interac e-Transfer method at TD Bank

Piyush Singh

An Interac® e-Transfer is a convenient way to transfer money between bank accounts.

Many Canadian banks offer this service, including the Toronto Dominion-Bank (TD Bank Group). Customers can send and receive funds with ease from personal and business TD Bank accounts.

We’ll discuss the TD Interac e-Transfer method, explaining everything you need to know.

We’ll also cover how you can use Wise to send your money by Interac e-Transfer across the world.

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Table of Contents

  1. TD e-Transfer Limit: How much can you transfer?
  2. How to e-Transfer with TD Bank
  3. TD e-Transfer fees for when you use Interac
  4. How to receive an e-Transfer with TD Bank
  5. How long does an e-Transfer take with TD?

TD e-Transfer limit: How much can you transfer?

The Interac e-Transfer method is a popular choice for customers at TD Bank, letting you send up to 3,000 CAD per transfer. This is the maximum e-transfer amount allowed within a 24-hour period.

There are also additional weekly and monthly limits. You can’t transfer more than 10,000 CAD in a week and 20,000 CAD in 30 days.¹

Increasing e-transfer limits

But if you need to send a bit more money – that’s possible too! You can increase your TD Interac e-Transfer limit by increasing the daily debit limit in your TD Bank account.² This feature is available on the TD Bank app or via the TD EasyWeb online banking platform.

How to e-transfer with TD Bank

There are a few simple steps to follow when making your first TD Interac e-Transfer.

First, you need to choose whether you want to complete your transfer using EasyWeb or via the TD Bank app.

Interac e-Transfers on EasyWeb with TD Bank

How to set up an Interac e-Transfer using EasyWeb with TD Bank, step-by-step³:

Step 1. Head to the left-hand navigation menu and select “Interac e-Transfer”. Make sure to select the “Send Money” option

Step 2. Use the “From Account” dropdown menu to choose your account and enter how much you want to send in the “Amount” field

Step 3. Use the “Recipient” dropdown menu to choose who will receive your money

Step 4. Use the “Security Question” field to create a security question for your recipient. Write the answer to this question in the “Answer” field

Note: If your recipient has Autodeposit set up, you’ll be able to skip this step, as they’ll receive the money without the need for a security question

Step 5. Review your transaction. Make sure all the details are correct before clicking “Send Money”.

And that’s it, you’ve successfully sent your Interac e-Transfer!

Interac e-Transfers on the TD app

It’s also possible to make an Interac e-Transfer via the TD Bank app. This is a great choice for modern customers, especially if you’re on the go.

How to set up an Interac e-Transfer using the TD Bank app, step-by-step⁴:

Step 1. Log in to the TD app and choose the “Request Money” option. Select “Transfers”

Step 2. Using the “Send Money” screen, select the “In Canada” tab

Step 3. Use the “From Account” dropdown menu to choose your own account. Use the “To” dropdown to select the account that will receive your funds

Step 4. In the “Security Question” field, enter a security question for the person or business receiving funds, and type the answer in the “Answer” field

Step 5. Use the “Amount” field to enter how much money you want to send, and include a message if you want

Step 6. Finally, review your Interac e-Transfer to make sure all the information is correct, before clicking “Send Money” to complete the transaction

How to make an international e-transfer with TD

You can make an international e-transfer with TD Bank, including transfer-free options when sending money to the US. This includes customers with Visa Direct and TD Global Bank Transfer.⁵

TD Bank customers can send their money to over 200 countries and territories across the world. You can also move money from a US-based TD Bank account to a Canada-based TD Canada Trust account and vice versa. This is super simple, with the option to send up to 5,000 USD daily via the EasyWeb platform.⁶

It’s also possible to transfer Canadian dollars or United States dollars in funds between eligible TD accounts, including TD chequing accounts, savings accounts, credit cards, and line of credit accounts.⁷

If you want to complete a TD e-transfer overseas, you’ll need to register first.

This is a one-time process, and you can complete registration via EasyWeb or the TD app. The steps involved are as follows:

Step 1. On the [personal banking] page, click on "Register".

Step 2. You can either log in using your existing ID or request for a new EasyWeb Login ID and Password.

Step 3. Select "Continue".

Step 4. Now, you need to select the "Access Card" option and enter details such as your Access Card number, name, date of birth and postal code. Now, select "Continue".

Step 5. Read and agree with the Online Authentication terms. Select "Continue" to proceed to the next step.

Step 6. This step involves verification questions, so be sure to answer them correctly.

Step 7. Click "Continue" and review the terms and conditions.

Step 8. Select the checkbox to agree with the terms and conditions and click "Continue".

Step 9. This step allows you to create a username and password. Avoid sharing your password in order to remain safe.

Step 10. Review your information before confirming your registration. A message then confirms your registration.

If you’re looking for a quick and affordable Interac e-Transfer solution, Wise has got you covered!


As international money experts, Wise can help you send instant Interac e-Transfer funds to personal or business accounts in 70+ countries.

At Wise, you’re always guaranteed the mid-market exchange rate - which means you could save up to 5x compared to making your transaction with a bank. The steps for sending an Interac e-Transfer using Wise are as follows:

Step 1. Choose Interac as your preferred payment method.

Step 2. Enter your email address or a Canadian phone number.

Step 3. You should be contacted by Interac using the details you provided. A link will be provided to advance to the next step.

Step 4. Click on the link to select the account you're paying from.

Step 5. Log into your bank account to approve the request and send money abroad.

Choose transparent fees, secure transactions, and speedy payments with Wise.

Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up-to-date pricing and fee information

How to add e-transfer contacts

It’s easy to add a new e-transfer contact with TD Bank.

When you go to add a recipient for your Interac e-Transfer, simply select “Add a Contact” at the bottom of the list.

You can then enter the recipient’s email address to send over your money.

How to delete e-transfer contacts

If you’re wondering how to delete your e-transfer contacts at TD Bank, the process is very straightforward.

Using the TD app, select “Bills” in the main menu. Then, select “Manage Payees”.

From here you can delete any payees you no longer want to see in your account by clicking the “Delete” icon.

How to cancel an Interac e-Transfer at TD Bank

If you need to cancel an Interac e-Transfer that you’ve already sent, don’t worry!

Whether you’re using EasyWeb or the TD Bank app, you can cancel your transfer even after you’ve sent it to the recipient.

However, you can’t cancel a transfer if the recipient has already deposited the funds, or if they have Autodeposit set up on their account.

How to cancel an Interac e-Transfer at TD Bank via EasyWeb, step-by-step:

Step 1. Log in to EasyWeb

Step 2. Select “Interac e-Transfers” and then select “History”

Step 3. Choose the transaction that you want to cancel, and select “Cancel Transfer”

Step 4. Change any incorrect transfer details and re-submit

TD e-Transfer fees for when you use Interac

It’s important to make sure you know how much you’ll be paying for your TD Interac e-Transfer.

Personal accounts without e-transfer fees

Many personal accounts at TD Bank don’t have any transfer fees.

These accounts include⁸:

  • TD All-Inclusive Banking Plan
  • TD Unlimited Chequing Account
  • TD Every Day Chequing Account
  • TD Student Chequing Account

Personal accounts with e-transfer fees

There are some personal TD Bank accounts that incur fees when sending or requesting money.

This includes the TD Minimum Chequing Account.

> Price:

  • Transactions up to and including 100 CAD: 0.50 CAD
  • Transactions over 100 CAD: 1.00 CAD⁹

Business accounts with e-transfer fees

Your TD business account may incur a small charge when you transfer funds.

These accounts include:

  • TD Every Day Business Plans (A, B, C)
  • TD Basic Business Plan

> Price: Transactions cost 1.50 CAD¹⁰

How to receive an e-Transfer with TD Bank

On the other side of things, it’s very easy to receive an Interac e-Transfer with TD Bank. Setting up Autodeposit makes your e-transfer a little quicker, as you don’t have to answer a security question before accessing any funds. You can set this up via EasyWeb or the TD app.

TD Bank customers can also request money from other accounts, for personal or business use. All you need is the email address or mobile phone number of the person or business, and a Canadian bank account.

You can also use the Direct to Account option alongside your TD Business Banking Account to conveniently send Canadian dollars to other personal or business accounts across Canada. This includes TD accounts and accounts with other Canadian banks.¹¹

How to decline an Interac e-Transfer

If you want to decline an Interac e-Transfer from someone, simply click on the secure link you receive via email or text notification.

You then need to answer the security question, after which you’ll be able to decline the transfer if you wish.

What happens if an e-transfer is not accepted?

If an Interac e-Transfer isn’t accepted, the funds will return to the sender. The recipient has 30 days to accept your TD Interac e-Transfer.¹²

How to retrieve funds from declined or expired e-transfers

It’s only possible to retrieve Interac e-Transfer funds if:

  • the recipient failed to answer the security question
  • the sender entered incorrect recipient details
  • the recipient declined the Interac e-Transfer or it expired

In these situations, you can cancel the transfer to get your money back.¹³

How long does an e-transfer take with TD?

When sending an e-transfer with TD Bank, your recipient should receive a notification to deposit funds within one minute.¹⁴

If you’re wondering why your TD Interac e-Transfer is taking so long, it could be because the recipient hasn’t yet accepted your transfer. They have 30 days before the transfer expires. The funds from a cancelled or declined transfer will return to your account within 1-2 business days.¹⁵

Interac e-Transfers are a simple way for TD Bank customers to send and receive their money. To find out more about making secure, stress-free payments across the world, check out Wise.

Send money at mid-market rates


  1. Interac e-Transfer Limits

  2. How to Increase your Interac e-Transfer limit at TD Bank

  3. TD Interac e-Transfers on EasyWeb

  4. TD Bank e-Transfers using the TD app

  5. International e-Transfer options at TD Bank

  6. International e-Transfer limits for TD Bank

  7. TD app for transfers between accounts in TD Bank

  8. Personal TD Bank accounts without e-Transfer fees

  9. Interac e-Transfer fees for consumer accounts

  10. Interac e-Transfer fees for business accounts

  11. Receiving a TD e-Transfer with Autodeposit

  12. How long to accept an Interac e-Transfer?

  13. Reclaiming an Interac e transfer

  14. Interac e transfer duration

  15. Retrieving funds from canceled transfers

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

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