Interac e-Transfer is Canada’s domestic bank-to-bank payment rail, operated by Interac Corp. It moves money between Canadian bank accounts using only an email address or mobile number — no card numbers or third-party processors involved. It is the dominant deposit and withdrawal method at AGCO-licensed online casinos and sportsbooks.
Also known as: interac, e-transfer
For deposits, Interac e-Transfer is typically credited within minutes. For withdrawals at top-tier Canadian operators, payouts arrive within hours; first-time withdrawals can take up to 24 hours pending KYC verification.
Interac is preferred over credit cards because it leaves no merchant code on a credit-card statement, the funds come directly from a chequing account (so no cash-advance fees apply), and operator-side processing costs are lower.
Daily Interac e-Transfer limits are set by your bank, not the operator — usually $3,000 to $10,000 per day depending on tier. Operators may also enforce their own minimums and maximums.