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All it takes is Internet access, a bank account and enrollment to online banking at one of the major Canadian banks and you can send money to anyone who has a Canadian bank account and access to email. Better yet – they can send† money to you.
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Step 1:
Sign in to RBC Royal Bank Online Banking. Under the Banking tab, click on “Pay Bills & Transfer Funds”
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Step 2:
Enter the amount you want to send and the email address of the recipient. Set up a security question that you and the recipient will agree on and follow the simple instructions to send money.
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Step 3:
Once you’ve confirmed the details, the recipient will receive an email notification which includes a link and instructions explaining how to deposit the transfer to their bank account.
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 See complete step by step instructions
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Interac e-Transfer is an ideal way to transfer funds.
- It’s convenient: Send or receive an Interac e-Transfer from anywhere you have Internet access, 24/7.
- It's fast: Your recipient may have the money within minutes after you send the Interac e-Transfer.
- It’s easy: All you need to identify the recipient is their name and email address. You don't need any of their account information.
- It’s secure: The sender sets up a shared security question that allows only the recipient to access the funds. The email that is sent includes a secure link to the funds. With our 100% RBC Royal Bank Online Security Guarantee, you will be reimbursed for losses resulting from unauthorized transactions1 made using Interac e-Transfer - which makes sending and receiving money safe and secure.
® Registered trademarks of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
™ Trademark of Royal Bank of Canada.
‡ Trademark of Interac Inc. Used under license.
† $1.00 fee is charged to the sender for each Interac e-Transfer. Other financial institutions may charge a fee to receive an Interac e-Transfer. RBC Signature No Limit Banking® and RBC VIP Banking® include 2 free transfers per monthly statement cycle. Free transfers are not cumulative and cannot be carried over to the next monthly cycle or calendar year. Interac e-Transfer may only be sent to persons who have a personal Canadian bank account. Recipients not yet banking online or at a participating institution can still receive an Interac e-Transfer. The transfer is generally deposited into the recipient's account within 3-5 business days and a $4.00 handling fee will be deducted from the transfer amount.
‡ For a definition of an unauthorized transaction and for full details regarding the protections and limitations of the RBC Online Banking Security Guarantee, please see the Electronic Access Agreement. This guarantee is given by Royal Bank of Canada in connection with its Online Banking service.
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