How to Transfer Money into Your PC Financial No Fee Bank Account

When we opened our PC Financial joint chequing account, we also applied to link the account to our joint chequing account at one of the Big 5 Canadian banks. After some confusion because they linked the accounts but the only for my Husband we eventually could both transfer money to and from the two chequing accounts. Here’s how to transfer money into your PC Financial no fee chequing account from another bank.

This article is obsolete as of November, 2015 and has been replaced by:

How to Transfer Money Between Your PC Financial Account and Another Bank Account


Sign In to your PC Financial Bank Accounts

  1. Go to http://www.pcfinancial.ca/
  2. Make sure Online Banking is selected from the drop down list in the top right corner of the screen, then
    Click the Go button.
  3. In the Card Number field, type the number on your ABM card.
  4. In the Password field, type the password you set up for online banking.
  5. Click on the Sign In button.

To Transfer Cash from your Bank to PC Financial

  1. From the link list on the left side of the screen, click on: transfers
  2. From the drop-down list, select from which account to take the money.
    • For example, I selected our Big 5 chequing account.
    • NOTE: you cannot see how much money you have in your account except for your PC Financial account. You might need to update your passbook or check your balance some other way to make sure how much money you have before making a transfer.
  3. From the drop-down list, select to which account the money should be deposited.
    • For example, I selected our PC Financial no-fee chequing account.
    • I could also have selected our PC Financial savings account.
    • Because this is a PC Financial account, it does show the current balance in the account.
  4. In the How much? field, type the amount you want to transfer.
  5. From the drop-down list, select How Often to make the transfer.
    • I selected Once.
    • Choices include:
      • Once;
      • Every week;
      • Every two weeks;
      • Once a month;
      • Every 3 months;
      • Every 6 months;
      • Once a year.
  6. In the When? Field, select the month and type the day and year.
    Or select the date from a Calendar by clicking on the icon.
  7. Read the warning notes.
    For example, the account balances shown for the PCF accounts include funds on hold that may not be able to be transferred.
  8. Click on the continue button.
    • If, like me, you left the date as today’s date, you will get a rejection message that states:
    • “The transfer date is invalid. The transfer date must be dated at least one day in the future. Funds transferred to and from another financial institution usually take 1 to 2 business days to process.”
    • Don’t ask why it waited till this point to reject my request. Anyway I changed the date to tomorrow and clicked on the Continue button again.
  9. On the Transfers – before you finish screen, review the details.
    • In particular if you have several bank accounts make sure the correct account numbers are selected.
    • Read the warnings about Holds placed on the incoming funds and delays.

    Click on the set up transfer button.

  10. Copy the Confirmation screen or make a note of the Reference number if desired for future needs.
  11. If you are finished banking,
    1. At the top right of the screen, click on the Sign Out button.
    2. Click on the OK button.
    3. Close your browser to increase the security of your banking information.


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Do you regularly transfer money to your PC Financial no fee chequing account? Have you ever encountered any problems or glitches? Please share your experiences with a comment.

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