Account Number Any reference to your account number refers to the bank account into which you are depositing Interac Email Money Transfer funds. Authenticate You are authenticated when you successfully login to your online banking Web site. Interac Email Money Transfer The person-to-person movement of money, facilitated by an email notice between the sender and the recipient. The actual movement of funds takes place between the sender's and recipient’s banks. Click here to learn more. Expiry Date The expiry date of an Interac Email Money Transfer marks the date by which the recipient must collect the funds. If the transfer expires, the recipient will no longer be able to deposit the transfer and the funds will be returned to the sender. Financial Institution The financial industry term that refers to Canadian banks, trust companies and credit unions. Message Refers to the optional text memo that a recipient may receive from the sender of an Interac Email Money Transfer. It is contained in the email notice to the recipient, as well as on the Transfer Details screens. Password A unique and confidential combination of letters and/or numbers that is used in combination with your User ID to login. Password Question A question and answer combination that is set up when you register, to be used in the event you forget your password. Recipient An individual who has been sent an Interac Email Money Transfer from another individual (the sender). Reclaim The sender can reclaim an Interac Email Money Transfer that has neither expired nor been deposited by the recipient. Reference Number This number is created to track and record Interac Email Money Transfers within the system. The recipient should record this number for future reference and have it handy for faster service at the help desk. Registration The one time process by which a recipient who doesn't bank online sets up their bank account information, personal information and password information in order to receive Interac Email Money Transfers. Security Question The security question is set by the sender and posed to the recipient of an Interac Email Money Transfer. In order to verify that only the sender’s intended recipient is able to pick up the funds, the recipient must answer the security question correctly. The answer may be a shared secret between the sender and the recipient, or the sender may communicate the answer to the recipient over the phone or in person; the answer should never be sent in an email. Sender An individual who has initiated an Interac Email Money Transfer via their online banking Web site in order to move funds from their bank account into the bank account of the recipient. Transit Number This number is part of your bank account information and represents the bank branch where your bank account resides (i.e. branch number). We require this number in order to process your deposit to your bank account. User ID A unique identifier that you set up when you register with us. You use this ID together with your confidential password to securely login.