Method Of Payment

Interac Email Money Transfers through YOUR BANK.

This is a convenient, fast and secure method to pay your annual membership fees

What is an Interac Email Money Transfer?

An Interac Email Money Transfer is a bank-based, Person-to-Person (P2P) transfer of funds that uses email for fast notification, while financial institutions transfer the funds using established and secure inter-bank settlement systems.

Participating banks are BMO Bank of Montreal, CIBC, Scotiabank, TD Canada Trust or RBC Royal Bank. Email carries the notification while the banks use existing payment networks to transfer the money to any bank in Canada.

What steps must I take to send an Interac Email Money Transfer?

To send an Interact Email Money Transfer you need

• An email address
• A password to access your bank accounts online
• Email address to whom you are transferring the money

Then

• Login to your bank accounts online, specify Canadian Cultural Connection™ as being the recipient by entering the email address info@canadianculturalconnection.ca
• Fill in the Interac Email Money Transfer information (payment amount, account from which to withdraw the funds, security question and optional personal message) and press SEND.
• An email notification is sent to the Canadian Cultural Connection™ usual email inbox.
• You will be prompted to enter a question and answer with which we are to use to verify with Interac that we are authorized to receive payment from your account. It is necessary that you provide us with the same question and answer that you gave during your e-mail money transfer. Please send an e-mail to info@canadianculturalconnection.ca containing this information or your payment will not be processed.
• The transfer of funds is deposited into the Canadian Cultural Connection™ bank account within 3-5 business days.

How secure is it to send money by email?

Several measures have been built into the application to ensure the protection of both your account and your personal information, including:

• Confidential, bank-issued user IDs and passwords\
• 128-bit browser encryption\
• Security Question and Response to ensure only the intended recipient can deposit the transfer
• Secure login processes
• Expiry date on Interac Email Money Transfers
• Only the email notification travels over the Internet. The funds always reside safely at a bank and never travel by email. The email is only a notification about the transaction.