Office Hours
Mon - Fri 9:00am - 4:00pm
Interac® e-Transfer
FAST. SIMPLE. SECURE.
Sending an Interac® e-Transfer is easy: all you need is an email or mobile phone number and online banking access. And the best part is, it's absolutely free to send and receive e-Transfers through your Edam Online Banking or Mobile App.
Interac® e-Transfer is perfect for:
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Transferring funds to other Financial Institutions
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Splitting the bill in a restaurant
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Paying a roommate for your portion of rent or bills
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Sending some birthday cash to a family member
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Paying for everyday purchases such as housekeeping or babysitting

Makes sending money a breeze
GETTING STARTED:
To access Interac® e-Transfer through Edam Credit Union, you first need to be registered for online banking. If you are not currently registered, get in touch with our office at (306) 397-2242 to set up your account.
Create your Sender Profile (First Time Users Only):
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Simply login to Edam's MemberDirect Online Banking via the internet or our mobile app.
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Click on the 'Transfers' tab on the blue menu bar on the left side of the screen, select 'Interac® e-Transfer'. If you are using our mobile app, simply select the 'Interac e-Transfer' icon.
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Complete your contact information, click the 'Create Profile" button and confirm.
Add Recipient(s):
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From the Interac e-Transfer screen, click the 'Add New Recipient' link. If you are using our mobile app, select Settings>Manage Recipients>Add Recipients and choose if you would like to "Add a new recipient" or "Choose From Your Contacts".
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Enter the person's name, mobile phone number and/or e-mail address OR select the contact you wish to add and select sending method(s).
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Choose a Security Question and Answer (3-25 letters only) that the recipient will know.
SENDING AN e-TRANSFER:
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From the 'Transfers' menu, select 'Send Interac® e-Transfer'. If you are using our mobile app, simply select the 'Interac e-Transfer' icon.
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Select the recipient and the send method.
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Select an account from which to make the transfer and enter the amount.
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You also have the option to send a message to the recipient.
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Click on 'Send Transfer', and Confirm.
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Your account will be debited the transfer amount immediately, however, for security reasons Interac® holds all transactions for 30 minutes before processing.
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You can track the transfer status or cancel transfers using the buttons in the left navigation ("Pending...", "Search...") - you will receive notification when a recipient has deposited the funds.
Sending Limits:
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Per Transaction: $3000.00
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7 day rolling limit: $10,000.00
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30 day rolling limit: $20,000.00
RECEIVING AN e-TRANSFER:
You'll receive an email or text message containing an encrypted link (the encrypted link can be identified by the use of 'https' instead of 'http').
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Click on the link and you'll be taken to a secure Interac® website.
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From the Interac® website, scroll to the Select Province or Territory drop-down and choose Saskatchewan, then select Edam Credit Union from the Select Credit Union drop-down and click 'Deposit'. You'll be redirected to the Edam Online Banking login screen.
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Log in to Edam Online Banking to answer the security question and accept the transfer.
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Select the account where you wish to deposit the money.
Note: If the recipient does not use a participating financial institution, they can click on the link within the message.
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They will select "My financial institution does not appear here".
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They will create a profile with Interac®, who will proceed to deposit the funds into their account in 3-5 business days (a fee will apply).