Depending on the bank you use, Interac e-Transfers will either be completely free or cost $1 per transfer. If no-fee Interac e-Transfers are important to you, our top fee-free banks are listed above.
The fee for sending an Interac e-Transfer does not change whether you are sending $20 or $3,000.
As a recipient of an Interac e-Transfer, there is no fee to deposit money into your account. Only the sender pays the fee.