Interac e-Transfer fees in Canada.

For most Canadians, sending and receiving Interac e-Transfers is free — as long as you're using a chequing account at a major bank. Where fees do show up is on basic or savings accounts, on transfers from some smaller credit unions, and occasionally on business accounts where banks charge a small per-transfer fee in exchange for higher limits.

The short answer

• Free at: RBC, TD, BMO, Scotiabank, CIBC, Tangerine, Simplii, EQ Bank, Wealthsimple, ATB, Desjardins, National Bank — for most chequing accounts.
• Receiving is free at every Canadian bank, with no exceptions.
• Common gotchas: savings accounts (often $1.00 per transfer), basic chequing accounts with limited transactions, and some business accounts with a per-transfer charge.

Fees by bank

Every per-bank guide on Biller.ca has the exact fee schedule for the major chequing accounts at that bank:

• RBC e-Transfer fees
• TD e-Transfer fees
• CIBC e-Transfer fees
• BMO e-Transfer fees
• Scotiabank e-Transfer fees
• Tangerine e-Transfer fees
• Simplii e-Transfer fees
• EQ Bank e-Transfer fees
• Wealthsimple e-Transfer fees
• National Bank e-Transfer fees
• Desjardins e-Transfer fees
• ATB Financial e-Transfer fees

Side-by-side comparison

For a fee-by-fee comparison across every major Canadian bank, see our deep dive:

Interac e-Transfer fees in Canada: every bank compared (2026).

How to avoid e-Transfer fees

1. Use a chequing account, not a savings account, as your sending account.
2. Ask the people you pay to turn on Autodeposit. Transfers deposit instantly and can't expire, and some banks charge you a fee to reclaim a transfer that expires unclaimed.
3. If you're on a basic chequing account with a transaction cap, ask your bank if they'll waive e-Transfer counts as part of a promo or status upgrade.
4. If you regularly send over your limit, an alternative like EFT or a wire transfer may cost more once but cover much larger amounts.