You can send an e-transfer directly from your Cash account to anyone that does not use Wealthsimple Cash.
To send an e-transfer to a new email contact, follow these steps:
- Log in to your Wealthsimple mobile app
- Tap the Card icon at the bottom of your screen
- Tap Send or request
- Select Send e-Transfer
- Enter your contact's information and tap Next
- If the recipient does not have auto-deposit enabled, you'll be prompted to create a security question and answer, then tap Next
- Enter the amount you wish to send, and tap Next
- Follow the prompts to send your e-transfer
Note: The e-transfer will come through from Peoples Trust.
Check the status of your e-transfer
To check the status of an e-transfer you sent, follow these steps:
- Log in to your Wealthsimple mobile app
- Tap the Card icon at the bottom of your screen
- Select the e-transfer under your Activity
- Tap your e-transfer to check the status
Cancel a pending e-transfer
To cancel a pending e-transfer, follow these steps:
- Log in to your Wealthsimple mobile app
- Tap the Card icon tab at the bottom of your screen
- Select the e-transfer under your Activity
- Tap Cancel
Note: It takes around 10-15 minutes to process canceling an e-transfer. Once successfully canceled, the e-transfer will show up as Expired.
E-transfer sending limits
E-transfer limits on Cash are the same as the standard send limits on Cash. We won’t complete any transaction that goes over the send limits. We have listed the limits below:
Timeframe | Sending limit |
Per day | $5,000.00CAD |
Per week | $10,000.00CAD |
Per month (30 days) | $30,000.00CAD |
E-transfer security question
To reference a previous question and answer on a pending e-transfer, follow these steps:
- Log in to your Wealthsimple mobile app
- Tap the Card icon at the bottom of your screen
- Select the e-transfer in your Activity feed
Note: You cannot edit your security question and answer on a pending e-transfer.
Comments
0 comments
Please sign in to leave a comment.