Interac eTransfer Enhancements


Interac e-Transfer® Enhancements

 
Starting May 13th, our e-Transfer services will receive new enhancements to improve your experience!

What's New?
There will be no change to how you send e-Transfers today. Improvements are focused on how funds are deposited and what details you can view. 

Receive Payments Directly to an Account Number
Payments can now be received straight into your account, without needing an email or phone number.  Funds are immediately deposited to the account, similar to auto-deposit.  Currently, Fusion can only receive e-Transfers sent this way from other FI's, being able to send using an account number is a future enhancement.

Get More Information about Payments
Receive detailed remittance information from people who send you money, making it easier to track and reconcile payments. 
Click here for more info on online banking and click here for more info on mobile app.

Note: Additional remittance data can only be included from senders whose financial institution have the capability enabled.  The ability to send remittance data with an Interact e-Transfer is coming in a future update.

Available for All Members
These Interac e-Transfer enhancements are available for all members – including personal and business accounts.
In preparation for these enhancements:

Ensure any pending e-Transfers are settled before May 13th. If one of these e-Transfers are later cancelled, declined or auto-reclaimed, the funds will not automatically be returned to your account. Fusion will manually reconcile these transactions. Please allow up to two business days for the funds to be returned to your account.

Service Availability
Digital banking will remain available, however e-transfer services will be unavailable on May 12th at 11:00 PM until May 13th at 3:00 AM while these changes are enabled.




Monday | May 4, 08:22 AM
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