Information checked on 2 October 2026. Before sending an e-Transfer, verify the recipient and your bank’s limits. After sending, cancellation depends on whether the funds were deposited; Autodeposit does not establish that a transaction is trustworthy.
Each financial institution sets its transfer limits. Before deposit, select the e-Transfer in your own online banking transaction or payment history and use the bank’s cancel option; the process and cancellation fee vary. Once deposited, Interac cannot reverse it and you must arrange repayment with the recipient. Cancellation is not a payment guarantee. Interac: cancellation and limits Interac e-Transfer FAQ
Autodeposit displays the registered recipient’s legal name; verify it before sending. Funds move through financial institutions, not inside an email or text. A notification does not verify a trustworthy transaction, and automatic deposit is not a guarantee of the seller’s identity. Interac payment security
For suspected fraud, contact the financial institution that transferred the funds and save transaction details, documents, receipts and messages. Report to local police and CAFC and keep the police file number. For identity misuse, alert affected account providers, change passwords and consider fraud alerts with credit bureaus. CAFC: after fraud Canadian Anti-Fraud Centre
Keep online banking passwords, PINs and security answers private. Check accounts and contact the bank about suspicious activity. Do not answer messages seeking login details or let an email’s payment link replace checking your bank’s access route. These precautions reduce risk but do not guarantee recovery. FCAC: online banking security FCAC debit and banking safety
If you want to turn information into actions, first confirm the bank limit, payee verification, Autodeposit and transaction status; if any conditions change, you should re-check the current official page.