Deposit Options The fastest way to receive Interac Email Money Transfers is through online banking. If you don't have access to online banking, each participating financial institution offers convenient ways for you to get set up. Contact your financial institution or visit their online banking web site to sign up. If your financial institution does not yet offer the Interac Email Money Transfer service, or if you don't bank online, you can still receive transfers to any Canadian bank account. This option is available when you click the link in the email notice you get when receiving an Interac Email Money Transfer. You will be required to register and provide your banking information in order for the money to be deposited into your bank account. The deposit usually takes 3 – 5 business days to process and a $2.50 fee will be deducted from the deposit amount. (Note: this fee is rising to $4.00 effective September 14, 2008.)