Interac e-Transfer Payments
in Canada
Canada's primary bank transfer service for fast CAD payments to any Canadian bank.
Interac e-Transfer in Canada
Canadian Dollar · CAD
Contractor must provide their email address linked to an Autodeposit-enabled Canadian bank account.
Payment Journey
You fund in USD, stablecoin, or BTC — your contractor in Canada chooses how they receive it.
Fund your Bitwage Balance
USD via wire/ACH/FedNow, stablecoin (USDC/USDT), or BTC. Fund once — use for all payments.
Create a payment run
Add your Canada contractor(s) to a batch or individual payment. Set the amount in USD — Bitwage handles everything else.
Converts & delivers via Interac e-Transfer
FX rate locks at approval. Bitwage converts USD → local currency and routes the payment via Interac e-Transfer. Compliance screened automatically.
Funds arrive via Interac e-Transfer
Settlement: < 30 minutes. Fees: 0.5–1%. Contractor can also choose USDC, USDT, or Bitcoin instead — they set their preference once.
How Interac e-Transfer Works in Canada
Bitwage converts USD to CAD at the locked rate and initiates an Interac e-Transfer. Contractors enrolled in Autodeposit receive funds directly in under 30 minutes without needing to manually accept.
Compliance & Security
Canadian contractors (sole proprietors or incorporated) must register with CRA, collect and remit HST/GST above the $30K threshold, and declare all foreign income. Bitwage performs OFAC and FINTRAC compliance screening.
The CAD is closely correlated with USD but fluctuates with oil prices and Bank of Canada policy. Bitwage locks the USD/CAD rate at execution to give contractors certainty on their loonie-equivalent payment.
Interac e-Transfer in Canada FAQ
Common questions about Interac e-Transfer payments, settlement, fees, and requirements.
Interac e-Transfer payments to Canada typically settle in < 30 minutes. Bitwage locks your FX rate lock at execution time so recipients receive exactly the amount shown in the payment preview.
Bitwage charges 0.5–1% for Interac e-Transfer payments to Canada. There are no hidden per-transfer fees beyond the displayed rate. You can see the full cost breakdown before executing via our {{link:products/contractor-payments}} platform.
Contractor must provide their email address linked to an Autodeposit-enabled Canadian bank account. Bitwage validates all payment details before executing. For batch payments to multiple contractors, use {{link:products/masspay}} to upload a CSV with all recipient details at once.
Yes. With {{link:products/masspay}} you can include any number of Canada-based contractors in a single payment run, mixing Interac e-Transfer with other local rails. All FX conversions are locked at batch payment processing execution time.
Start Sending Interac e-Transfer Payments to Canada
Settlement in < 30 minutes. Fees from 0.5–1%. OFAC screened on every payment.