Email money transfers, or EMTs, let you send money to someone’s email address. It is an easy and fast way of transferring money between individuals and businesses.  This instant money transfer is growing in popularity in Canada. The money transfer company in Canada that offers email money transfers is known as Interac E-transfer and has partnered with over 200 Canadian banks, credit unions and other institutions.  To send money via email using Interac E-transfer the user needs to: Create and log into your Interac account Choose a current recipient, or add a new beneficiary by inputting the recipient’s email address Enter the amount you want to send Answer the security question to confirm the transaction Once the email money transfer has been initiated, both the sender and beneficiary receive email notifications of the transactions. However, while the transfer is initiated using emails and the Interac E-transfer service, the money is still transferred through the banks’ normal and secure platforms.