Weyburn Credit Union - INTERAC eTransfers

Convenient

Transactions can be conducted anytime, anywhere via online or mobile banking.

Easy

Only a recipient’s email address or mobile number is required to send money. No need to set up new accounts, user IDs or passwords – you’re already in online banking!

Secure

Money is transferred directly between financial institutions - without sharing any personal identifiable financial information.

eTransfers

How to create an Profile, Add a Contact, and Send an eTransfer

Watch demo

eTransfers

How to Cancel an eTransfer

Watch demo

eTransfers

How to Accept an eTransfer

Watch demo

Creating a Sender Profile
Adding a recipient

Login to digital banking and go to 'Transfers & Payments'.
Under Interac e-Transfers, select 'Profile Settings'.
Enter your information on the Profile details. Click 'Continue'.
Confirm Interac profile details and click 'Continue'.
An authentication code will be sent via email or text message. Enter in the code you have received. Click 'Continue'.
Your profile is now created!

What you should know:

The email address and/or mobile phone number that you have entered will be used to inform you when your Interac e-Transfer has been received or declined.
You can update your profile at any time in online banking by selecting the 'Profile Settings'.

Only a recipient’s email address or mobile number is required to send money.

Login to digital banking and go to 'Transfers & Payments'.
Under Interac e-Transfers, select 'Manage Contacts'.
Select 'Add contact'. If you are using the mobile app, you have the option to choose from your contacts.
Enter Contact details and Security details. Click Continue'.
Confirm Interac contact details details and click 'Continue'.
An authentication code will be sent via email or text message. Enter in the code you have received. Click 'Continue'.
Contact successfully added.

What you should know:

For your security, only you and the recipient should know the security question and answer. You can communicate this to the recipient by phone or in person for additional security.
You can edit a recipient's information at any time, or delete a recipient if you no longer need to send them money by 'Manage Contacts'.

Sending money is quick and secure with Interac e-Transfer

After you've created your user profile and a recipient list you can now send an Interac e-Transfer transaction.

Login to digital banking and go to 'Transfers & Payments'.
Under Interac e-Transfers, select 'Send money'.
Select your account that you'd like the funds transferred from.
Enter information in the Transfer to section. Click 'Continue'.
Confirm transfer details and click 'Continue'.
Money is now sent to your contact.

What you should know:

If the recipient has not deposited the money that you sent to them by email, you can send them an email reminder on the 'History' page.
If the money you have sent has not been deposited by the recipient within 30 days, you will receive a notification with a link to deposit the funds back into your account.
Keep the password secret so that only you and the recipient know the answer.

Interac e-Transfer Request Money enables you to email the sender a request for money in advance and helps decrease delays in receiving your payment.

Here's how:

Login to digital banking and go to 'Transfers & Payments'.
Under Interac e-Transfers, select 'Request money'.
Select the contact that you'd like the funds transferred from.
Enter information in the Request from section and Deposit to section. Click 'Continue'.
Confirm request details and click 'Continue'.
Request money is now sent to your contact.

What you should know:

You'll receive a confirmation number for your records.
Your recipient will receive an email notification and/or text message requesting the Interac e-Transfer.
If they accept your request, funds will be automatically deposited into the account you've chosen.

Money received by eTransfer will be deposited directly into your personal or business Weyburn Credit Union account.

Here's how:

Click or tap the link in the email or text notification indicating you have received a new Interac e-Transfer transaction.
Skip over 'Find your Financial Institution' as this will not populate Weyburn Credit Union.
Select Province as 'Saskatchewan' first, then credit union as 'Weyburn Credit Union'.
Log in to digital banking via the app, mobile web or desktop. Choose the Cornerstone Credit Union account into which you wish to deposit the money.

Note: Once you have completed these steps, the next time you receive an Interac e-Transfer, simply click on the Weyburn Credit Union logo that will take you directly to login to deposit into your account.

What you should know:

You should have prior knowledge of an incoming e-Transfer. If you receive an Interac e-Transfer from someone you don't know, you do not have to accept the funds. If you know the sender but you aren't sure why you are receiving an e-Transfer, you should contact the sender to ensure the e-Transfer is legitimate.

You can cancel an Interac e-Transfer transaction before it has been deposited by the recipient.

Here's how:

Login to digital banking and go to 'Transfers & Payments'.
Under Interac e-Transfers, select 'History'. Pending transactions can be viewed here.
Select Cancel (red X). Click 'Continue'.
Confirm cancel transaction details and click 'Continue'.
Transaction successfully cancelled. The funds will be deposited back into the account where it was originally transferred from.

What you should know:

The $1.50 service fee, if applied, will not be refunded when you cancel an Interac e-Transfer.
Once money has been deposited by the recipient it cannot be cancelled. Be sure to verify the email address before you send money.

Autodeposit is a secure way to receive money without having to answer security questions for every transaction.

To register for Autodeposit:

Login to digital banking and go to 'Transfers & Payments'.
Under Interac e-Transfers, select 'Autodeposit Settings'.
Select 'Add autodeposit'.
Enter Autodeposit details. You can choose to register with mobile phone number or email address. Select account that you'd like the funds deposited to. Check to acknowledge autodeposit registration. Click 'Continue'.
Confirm autodeposit details. Click 'Continue'.
An authentication code will be sent via email or text message. Enter in the code you have received. Click 'Continue'.
Autodeposit successfully added. You'll now receive a notification from INTERAC to verify and complete this autodeposit registration. Check your email or text messages for this verification.
Once verified, you'll now see it as Active Status in your Autodeposit Settings.

What you should know:

You can add up to five autodeposits.
If you are no longer using an email address or mobile phone number, remember to update your email addresses for Autodeposit in digital banking, under Autodeposit Settings.
You will need to set up the security question & answer for your recipients even if they have registered for Autodeposit.