Interac E-Transfer might just be the best fund/withdraw method EVER for Canadians!

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  • icon
    SBR MVP
    • 01-09-18
    • 3412

    #1
    Interac E-Transfer might just be the best fund/withdraw method EVER for Canadians!
    I see some books have started offering Interac E-Transfer as a deposit/withdraw option for Canadian accounts.

    I know Sportsinteraction & 10bet definitely offer this option to deposit and withdraw.

    Also, the "MuchBetter" app/ewallet also accepts deposits via Interac E-Transfer and you can use it at Pinnacle, Betway, Bet365, Sportsinteraction, 888sport/poker, Pokerstars etc. You can also take a withdrawal from Muchbetter via Interac E-Transfer.

    E-Transfers take approx 30 minutes (sometimes faster) from the time they are sent until you receive the email notification funds are available. You can also setup "autodeposit" by registering your email address in your bank or credit union E-Transfer settings and then the funds will be deposited automatically to your bank acct.

    If you know of a book that accepts E-Transfer please post it here.



  • icon
    SBR MVP
    • 01-09-18
    • 3412

    #2
    for more information on E-Transfer



    Comment
    • juvunits
      SBR Sharp
      • 10-17-16
      • 367

      #3
      Is that email transfer?
      Comment
      • icon
        SBR MVP
        • 01-09-18
        • 3412

        #4
        Originally posted by juvunits
        Is that email transfer?
        Yes and very fast/safe/convenient for Canadians as it is integrated into the Canadian banking system. Not clunky like wire transfers and so much faster. When I send an e-transfer its received in 30 mins max with no holds as the funds come completely verified.

        Also many banks offer sending free e-transfers, receiving is always free.
        When not offered for free the cost of sending an e-transfer is $1.00 or $1.25 depending on the financial institution.
        Last edited by icon; 06-02-19, 05:48 PM.
        Comment
        • juvunits
          SBR Sharp
          • 10-17-16
          • 367

          #5
          Originally posted by icon
          Yes and very fast/safe/convenient for Canadians as it is integrated into the Canadian banking system. Not clunky like wire transfers and so much faster. When I send an e-transfer its received in 30 mins max with no holds as the funds come completely verified.

          Also many banks offer sending free e-transfers, receiving is always free.
          When not offered for free the cost of sending an e-transfer is $1.00 or $1.25 depending on the financial institution.
          What financial institution do you use,? If you don't mind me asking. If you deposit in a different method are you still able to withdrawal using e-transfer.
          Comment
          • icon
            SBR MVP
            • 01-09-18
            • 3412

            #6
            Originally posted by juvunits
            What financial institution do you use,? If you don't mind me asking. If you deposit in a different method are you still able to withdrawal using e-transfer.
            I use RBC & EQ bank for my Interac E-Transfers, EQ offers unlimited free transfers so I use them more.

            As for your 2nd question it would depend on the book and what other method you used and is entirely at the discretion of the book so I can't answer with certainty.
            Comment
            • juvunits
              SBR Sharp
              • 10-17-16
              • 367

              #7
              Originally posted by icon
              I use RBC & EQ bank for my Interac E-Transfers, EQ offers unlimited free transfers so I use them more.

              As for your 2nd question it would depend on the book and what other method you used and is entirely at the discretion of the book so I can't answer with certainty.
              What is EQ? Hopefully all banks allow this. I use BMO, not sure if they allow this. Thanks for the Info.
              Comment
              • icon
                SBR MVP
                • 01-09-18
                • 3412

                #8
                Originally posted by juvunits
                What is EQ? Hopefully all banks allow this. I use BMO, not sure if they allow this. Thanks for the Info.
                EQ is a "fee free" online only bank . Yes BMO has e-transfer, I don't use BMO so I don't know about their fees, if any.

                With EQ Bank Canada digital banking, you get everyday banking that earns high interest—plus payment options and investment products. Sign up online in minutes.


                Comment
                • juvunits
                  SBR Sharp
                  • 10-17-16
                  • 367

                  #9
                  Do you need a "much better" debit card to use the app? Doing some reading kinda confused.
                  Comment
                  • icon
                    SBR MVP
                    • 01-09-18
                    • 3412

                    #10
                    Originally posted by juvunits
                    Do you need a "muchbetter" debit card to use the app? Doing some reading kinda confused.
                    No, all you need is the app. You deposit and withdraw using your phone, your sportsbook cashier will send a message to your muchbetter account and you will see it on your phone.

                    Its super easy and instant. Debit cards are for Europeans and not offered to Canadian residents.

                    Comment
                    • leetreaper
                      BARRELED IN @ SBR!
                      • 10-23-10
                      • 34841

                      #11
                      You just figured it out lol? Welcome to 3 years ago bud
                      Comment
                      • icon
                        SBR MVP
                        • 01-09-18
                        • 3412

                        #12
                        Originally posted by leetreaper
                        You just figured it out lol? Welcome to 3 years ago bud
                        Figured what out? Pinnacle just started taking muchbetter a few months ago. There are only a few books that do the interac e-transfer thing. Its just the beginning.
                        Comment
                        • juvunits
                          SBR Sharp
                          • 10-17-16
                          • 367

                          #13
                          Thanks for the info
                          Comment
                          • the_situation
                            SBR MVP
                            • 10-22-10
                            • 2735

                            #14
                            Bitcoin >
                            Comment
                            • juvunits
                              SBR Sharp
                              • 10-17-16
                              • 367

                              #15
                              Originally posted by the_situation
                              Bitcoin >
                              What a pain
                              Comment
                              • icon
                                SBR MVP
                                • 01-09-18
                                • 3412

                                #16
                                Originally posted by juvunits
                                What a pain
                                Yeah, getting bitcoin is a hassle and you always have to pay a premium to get it, then you have to sweat the value as it jumps up and down in price and finally you will pay another premium to cash out.

                                With Bitcoin you never know what you will get, with Interac $1000 = $1000 & 10,000 = $10,000 etc.


                                Interac > bitcoin by a wide margin.
                                Comment
                                • stackz125
                                  SBR Hall of Famer
                                  • 01-03-16
                                  • 6191

                                  #17
                                  I was looking at bet365 and i couldnt see interac etransfers or muchbetter on their payout methods for canadians
                                  Comment
                                  • icon
                                    SBR MVP
                                    • 01-09-18
                                    • 3412

                                    #18
                                    Originally posted by stackz125
                                    I was looking at bet365 and i couldnt see interac etransfers or muchbetter on their payout methods for canadians
                                    Yeah, my mistake. I thought they did but its Instadebit, not Muchbetter.
                                    Comment
                                    • xKMACKx
                                      SBR MVP
                                      • 11-16-08
                                      • 1274

                                      #19
                                      Originally posted by juvunits
                                      What a pain
                                      Agreed and I made a lot of money off the bull run in 2017. Would never use it for gambling due to crooked exchanges and prices fluctuating so much.
                                      Comment
                                      • icon
                                        SBR MVP
                                        • 01-09-18
                                        • 3412

                                        #20
                                        Originally posted by xKMACKx
                                        Agreed and I made a lot of money off the bull run in 2017. Would never use it for gambling due to crooked exchanges and prices fluctuating so much.
                                        I deposited some btc to Binance a while back and everything was fine until I wanted to withdraw, then I had to jump through multiple hoops (verification, selfies, ID, emails, 2FA reset etc etc) to get my btc out. Took almost 2 weeks to get 0.25 bitcoin withdrawn. Never again.
                                        Comment
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