EMT (Electronic Money Transfer)

[levi1803]

I use this all the time and love it, it's so easy. I believe the only downfall is that the buyer must be set up with their bank using online banking, and also needs to be with the 5 major banks (BMO, TD Canada Trust, Royal, CIBC, Scotia Bank) I know I use CIBC and they call it EMT (E-mail money transfer) basically all you have to know is the sellers e-mail address and then you give them the answer to the secret question that you will fill out before you send it. They get an e-mail saying they have a e-mail $$ trasfer, they open the link and pick which bank they are with, sign into their online banking and press transfer money, voila, done, gets deposited right into their account and there is no holding of money at all. I suggest making sure you have their name, phone number and address BEFORE you do it though, just in case.