{"id":2961,"count":117,"description":"

How Interac works at an online casino<\/h2>\n\n

At a casino, Interac almost always means Interac e-Transfer: the same transfer you send a friend from your online banking, addressed to the casino's payment processor instead. You need a Canadian bank or credit union account at one of the more than 250 institutions that offer it, and the money moves in Canadian dollars only.<\/p>\n\n

The cashier asks you to pay in one of two ways, and both end in your own online banking. You never give the casino your banking password.<\/p>\n\n\n\n
<\/th>You send an e-Transfer<\/th>You accept a Request Money<\/th><\/tr>\n
How it starts<\/td>The cashier shows a recipient name, an email address or phone number, and a reference code<\/td>The cashier sends you a request by email or text, which may come from the processor's name<\/td><\/tr>\n
What you do<\/td>Send the e-Transfer from your banking app, with the reference code in the message field<\/td>Open the request, pick your bank, sign in and approve it<\/td><\/tr>\n
Watch out for<\/td>A missing or mistyped reference code, which leaves the casino unable to match your money<\/td>Requests expire: Gigadat's last 48 hours<\/td><\/tr>\n<\/tbody>\n<\/table>\n\n
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Interac Online no longer exists.<\/strong> Interac retired it on October 31, 2024. A casino page that still offers \"Interac Online\" is out of date; the Interac option in today's cashiers is e-Transfer.<\/p>\n<\/div>\n\n

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How to deposit with Interac e-Transfer<\/h2>\n\n
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  1. In the casino cashier, choose Interac and enter the amount you want to deposit.<\/li>\n
  2. Note the details the cashier shows: the recipient name, which is often a payment processor such as Gigadat rather than the casino, the email address or phone number, and your reference code.<\/li>\n
  3. Sign in to your online or mobile banking and start an Interac e-Transfer to that recipient for exactly that amount.<\/li>\n
  4. Put the reference code in the message field. If your bank asks for a security question, use the answer the cashier gave you, word for word.<\/li>\n
  5. Send the transfer. The casino credits your balance once its processor receives the money and matches your code.<\/li>\n<\/ol>\n\n

    With Request Money the order flips: you confirm your email address and phone number in the cashier, a request arrives by email or text, and you approve it inside your bank's own login page.<\/p>\n\n

    How to withdraw to Interac<\/h2>\n\n
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    1. Choose Interac in the withdrawal section of the cashier and enter the amount. Check that the email address and phone number on your casino account are the ones your bank account uses.<\/li>\n
    2. The casino reviews and approves the withdrawal. This is the slow part, and it depends on the casino, not on Interac.<\/li>\n
    3. The processor sends you an Interac e-Transfer. If you have Autodeposit set up at your bank, the money lands in your account on its own.<\/li>\n
    4. Without Autodeposit, you get a notification, sign in to your bank and type the security answer the processor sent you. Gigadat, for example, sends that answer by text from short code 387263 and by email.<\/li>\n<\/ol>\n\n<\/div>\n\n
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      Three wrong answers cancel the payout.<\/strong> At Gigadat, entering the wrong security answer three times cancels the e-Transfer and sends the money back to the casino, and you then have to request the withdrawal again. Copy and paste the answer rather than typing it.<\/p>\n<\/div>\n\n

      Limits: your bank's first, then the casino's<\/h2>\n\n

      Interac does not set one limit for everyone. Your bank does, and Interac says personal limits are typically $2,000 to $3,000 per transfer. These are the send limits the big banks publish:<\/p>\n\n\n\n
      Bank<\/th>How much you can send<\/th><\/tr>\n
      CIBC<\/td>Up to $3,000 in 24 hours, $10,000 in 7 days and $30,000 in 30 days<\/td><\/tr>\n
      RBC<\/td>Up to $10,000 a day in the RBC Mobile app, once your identity is verified<\/td><\/tr>\n
      National Bank<\/td>Up to $4,000 per 25 hours and $14,000 per 7 days<\/td><\/tr>\n
      Desjardins<\/td>Up to $5,000 per transfer per 24 hours<\/td><\/tr>\n
      TD, Scotiabank and BMO<\/td>Daily and longer limits apply; they show in your banking app<\/td><\/tr>\n<\/tbody>\n<\/table>\n\n

      The casino then sets its own range. Several casinos we review cap an Interac withdrawal at C$3,000 a transfer, including BoaBoa, Wazamba and Talismania, while RTbet and Neon54 take Interac deposits of up to C$9,000. Minimums usually sit between C$10 and C$30. Bigger wins are paid out in several transfers, inside the casino's daily, weekly and monthly withdrawal limits.<\/p>\n\n

      How long Interac takes<\/h2>\n\n

      A deposit is quick: Interac says transfers are almost instant but can take up to 30 minutes, depending on your bank. A withdrawal has two stages. First the casino processes it, which ranges from under an hour to a few business days. Then the e-Transfer is sent. Gigadat runs two kinds of payout: real time, sent around the clock and usually arriving within 15 to 30 minutes, and standard, sent Monday to Friday only and usually arriving by the next business day. Most casinos we review quote 1 to 3 banking days for Interac after approval.<\/p>\n\n

      Casinos that pay winnings back to Interac<\/h3>\n\n

      These casinos open to Canadian players say they pay out by Interac, with the times and limits they publish:<\/p>\n\n[bji_interac_payouts]\n\n

      Fees<\/h2>\n\n

      Interac leaves fees to your bank, and most everyday chequing accounts include e-Transfers. RBC charges nothing on any personal chequing account, TD includes them on its Unlimited, Every Day and Student chequing accounts, Scotiabank and BMO include them in their banking packages and plans, and Desjardins includes them with a transaction plan. Receiving an e-Transfer is free at RBC and Desjardins. Several casinos we review, including Woo, PlayAmo and Cobra, list Interac with no fee of their own.<\/p>\n\n

      Interac is also how to avoid a credit card problem. CIBC says it may block transactions it can identify as internet gambling, and RBC reserves the right to block transactions connected to online gambling and treats gambling as a cash advance. An e-Transfer comes out of your bank account, so it is not a card payment at all.<\/p>\n\n

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      An e-Transfer is final once it is deposited.<\/strong> Interac does not hold funds and cannot trace them, so a deposit sent to the wrong address cannot be pulled back by Interac. Copy the cashier's details exactly, never put a security answer in the message field, and remember that Interac never asks for your banking password by email or text.<\/p>\n<\/div>\n\n

      Is Interac the best way to pay?<\/h2>\n\n
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      Why Canadians choose it<\/h3>\n