Interac e-Transfer is a fast and secure way to send Canadian Dollars (CAD). Once you confirm the Interac payment request, funds are typically deposited instantly, though it may take up to 24 hours for your Flywire payment status to update.
Important limits and timing for Interac (CAD)
Before you begin, please keep the following requirements in mind to ensure a smooth payment experience:
- Transaction Limits: Flywire supports Interac payments up to $3000 CAD. Most Canadian banks set daily or transaction level Interac limits, which often vary from account to account. Please check with your bank to confirm your personal Interac limits.
- Email Delivery: You will typically receive the Interac e-Transfer request email within 3-4 hours after creating a payment with Flywire, though it may take up to 3-4 hours. Remember to check your spam or junk folder if it does not appear in your inbox.
- Expiration: Payment requests expire after 48 hours if not completed.
Steps to complete your Interac e-Transfer (CAD)
Follow these steps to initiate and confirm your payment:
- Create your payment request: Select Interac as your payment method on the Flywire website. When prompted, provide the email address where you would like to receive the Interac payment request.
- Access the e-Transfer request: After confirming your request on Flywire, you will be redirected to your payment tracking page. Watch for an Interac payment request email from Flywire sent to the address you provided, typically received within 3-4 hours. Be sure to check Spam and Promotional folders.
- Confirm the payment: Open the Interac email and follow your bank's specific instructions to authorize the transfer. Once authorized, the funds are deposited instantly, and you will receive a confirmation email from Interac.
Flywire will update your payment status within 24 hours and will send you a final confirmation email once the funds have been delivered to your institution.