CPM Forum

General => General Forum Comments => Topic started by: Hudson A B on June 29, 2009, 12:44:51 pm

Title: OT: EMT questions
Post by: Hudson A B on June 29, 2009, 12:44:51 pm

Hi folks. I have been googling this for some time, to no avail.

I understand that a businesses are now allowed to receive EMTs.
My question is what is the maximum size a business can receive by EMT in one shot?

If anyone know,I would appreciate the help.

Thanks and God Bless-
H

Title: Re: OT: EMT questions
Post by: BWJM on June 29, 2009, 03:07:06 pm

From the Interac.ca website (http://www.interac.ca/consumers/faqs.php#emt):

Quote

Are there limits on the amount I can send or receive?

Like most other financial transactions, there are limits on the amount you can send and receive.

If you are sending or receiving through online banking, those limits are set by the financial institution involved. Please contact your financial institution if you need to know what your limits are.

If you are not using online banking to receive a transfer, you can deposit a maximum of $1,000 per 24 hour period. This limit is in place to allow us to comply with government regulations. If this limit is a problem for you, consider banking online with one of our participating financial institutions, where the limit will be much higher (and where depositing an Interac Email Money Transfer is free).

Title: Re: OT: EMT questions
Post by: Hudson A B on July 27, 2009, 03:11:56 am

Thanks BWJM, I just saw this now.

:)