Tag Archive for e-payments

BMO Now Offering Interac’s e-Transfer Service to Business Accounts

For several years now, many banks have been providing personal and business account users with the ability to transfer funds to each other through Interac’s e-Transfer service; which is a money sending service that works like a computer cheque and allows users to send money to anyone with an email address or mobile number and a Canadian bank account. However, BMO has previously only offered this service to their personal account users and is only now beginning to follow suit with other banks and offering business accounts the chance to take advantage of electronic based service.

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