Tag Archives: chequing

How to Accept an INTERAC e-Transfer from PC Financial and Deposit the Money In Your Bank Account

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I recently sent myself an INTERAC e-Transfer from my PC Financial No-Fee Chequing Account. I want to deposit the money into my TD account. Here’s what I did to accept the INTERAC e-Transfer and deposit the cash into my bank account.

Accepting and Depositing an INTERAC e-Transfer from PC Financial

First, I confirmed that the message was from the right sender, and for the correct amount of money.

There are a lot of scam emails out there pretending to be about cash transfers. Don’t accept one unless you know who sent it to you and why. The other messages are just trying to get your banking information so they can raid your accounts!

Click on the button: Deposit your Money.

It should take you to the etransfer.interac.ca webpage.
From the icons, choose your bank. As of June 6, 2017, banks listed include

  • ATB Financial
  • BMO
  • CIBC
  • Desjardins
  • HSBC
  • Laurentian Bank
  • Manulife Bank
  • National Bank
  • PC Financial
  • RBC
  • Scotiabank
  • Tangerine
  • TD

You could also, click to Select Your Financial Institution from a drop-down list.

Or

  • Click to Select Province or Territory and then
  • Click to select Credit Union.

I clicked on the TD icon.

I was then re-directed to my usual TD bank sign in page. I did carefully check the URL and other facts to make sure I had been re-directed to my bank’s site.

Sign into your online banking the way you always do.

The Receive Money page

In my case, the next page I see is a Receive an e-Transfer page.

  1. Review the details, if they are ok, type the Response: to the security question in the text field.
  2. From the drop-down list, select where to put the money in the Deposit to Account field.
  3. Click on the Deposit Money button.
  4. Review the transaction information. If it’s correct, you’re done!
  5. Sign Out of your bank account.
  6. For increased security, clear your browser history and cache, and close your browser session.

That was easy!

Related Reading

How to Use a Free INTERAC e-Transfer to Send Money from my PC Financial Bank Account to Pay Back My Friend

How to send an INTERAC e-Transfer from an EQ Bank Account

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Has anyone sent you money by email? Did it feel vaguely fake? Please share your experiences with a comment.

How to Get T5 Tax Documents for Your Online Bank Accounts at EQ Bank, Oaken Financial, PC Financial, Tangerine, ZAG Bank

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As tax-filing time approaches, I’ve started rounding up my tax slips including my T5s for our savings and chequing bank accounts with EQ, Oaken, PC Financial, Tangerine and Zag Bank.

Use Caution Saving Electronic (and Paper) Copies of Your Tax Slips Including T5s

Be sure to keep your electronic copies in a secured location—they have valuable information such as your name, address and SIN number which could be used for identity theft!

How to Get and Print Your T5 Tax Form for Your EQ Bank Savings Account

  1. Sign in to your EQ Bank accounts.
  2. From the drop-down list under the Accounts tab, click on: Tax documents
  3. From the drop-down list under Select the tax document you want to generate, choose the T5 for the year of interest.
    For example, I selected 2016 – T5 to complete my income tax return by April 2017.
  4. Click on the Generate document button.
  5. Wait a few seconds to a minute or two.
  6. The T5 will be displayed on your screen.
  7. Click on the Print or save button.
  8. When you are finished, near the bottom of the screen, click on the Back to tax documents button.

Interesting, no where do I seem to get a choice to save the T5 to my hard drive!

According to their online chat, I can only save the T5 if I use Google Chrome. I have no intention of using that program, so I will just scan and save my hard copy printout.

How to Get Your T5 Tax Forms for Your Oaken Financial Bank Accounts

Oaken Financial mails out its tax forms. So you’ll have to check your letter mail for your T5s and other tax forms.

How to Get Your T5 Tax Forms for Your PC Financial Bank Accounts

President’s Choice Financial mails out its tax forms. So you’ll have to check your letter mail for your T5s and other tax forms.

How to Get and Print Your T5 Tax Forms for Your Tangerine Bank Accounts

  1. Sign in to your Tangerine account/s.
  2. From the list on the left side of the screen, select My documents.
  3. Click on the link Tax receipts.
  4. From the drop-down box, select the year for which you wish the documents.
    It’s probably easiest to leave the selections “All account types” and “All receipts” so that you don’t miss a slip unless you are looking for something specific.
  5. From the list of PDF files of receipts, click on the one you want to print or save first.
  6. A popup window will let you choose to Open the PDF file or to save it.
  7. If desired, select Open and then print the file; or
    If desired, select Save and choose a destination to save the file. Be sure to keep your electronic copies in a secured location—they have valuable information such as your name, address and SIN number which could be used for identity theft!

NOTE: Tangerine combines the interest from your chequing and savings accounts onto a single T5 if the amount is $50 or more. You have to manually report any interest earned below $50 even if you did not receive a tax slip.

How to Get and Print Your T5 Tax Forms for Your Zag Bank Accounts

  1. Sign in to your Zag Bank account/s.
  2. Click on the Accounts tab.
  3. Click on the Statements link.
  4. From the Document Type: drop-down list, click on Year-End Tax Forms & Statements
  5. From the Tax Year: drop-down list, select the year of interest.
  6. From the Tax Forms: drop-down list, select T5, or just click on the View button.

Hmmm. I got an error message: The system is unavailable. Please try again later.
So no luck so far!

It’s probable that an error message is displayed because I had less than $50 of interest on my account and that there is no T5 for this account. In which case, I’ll have a LONG wait….

Aren’t Income Taxes Fun?

So now I’ve found the T5s for my bank accounts that earned more than $50 last year in interest, and I’ve added up the amounts I earned in interest for accounts that earned less than $50, I am one step closer to filing my income tax return for 2016. Oh joy!

Related Reading

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Do you have a check list of all the T slips you need before you file your taxes? Have you ever missed a slip? Please share your tax stories with a comment.

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