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Me-to-Me Money Transfer

​I like when my banks talk to each other.

Moving money from one account to another should be easy and we agree.

Available with your Alterna Bank account, Me-to-Me lets you link all your accounts from different financial institutions so you can transfer funds with ease.

​New! Increased limits for Me-to-Me Transfers for your banking convenience.

​What can you do?

Transfer funds into your account from another financial institution

Send money from your account to an account at another financial institution

Fund new accounts (created through Alterna Bank Online Banking) from external accounts if other financial institutions support it

Download form: Me to Me money transfer authorization form

​NEW! Now you can conveniently set-up recurring and future dated Me-to-Me Money Transfers

Open an account in minutes.

Banking with Alterna is easy.  Let's get you started!.

FAQs

​How long will it take to get Me-to-Me Transfers set up on my account?

Once you submit your sign up form, it will take about 2 to 3 business days for the Me-to-Me link to be active.

​Can I set-up recurring or future dated Me-to-Me Money Transfers and Payments?

Yes, now you can conveniently set-up recurring and future dated Me-to-Me Money Transfers. Recurring transfers can be made at regular intervals, such as once a day, once a week, once a month or once a year.

​Are there any limits on the amount I can transfer?

Yes – the following limits apply:


SendingReceiving
Transaction Limit$50,000$100,000
7 Day Limit$100,000$250,000
30 Day Limit$250,000$500,000

​Are there any holds on my money when transferring?

Incoming Me-to-Me Transfers may be subject to a 5 business day hold.

​Are there any accounts that are ineligible for the Me-to-Me Transfers?

The following accounts are ineligible for Me-to-Me Transfers:

  • US Dollar Accounts
  • Business and Community Accounts
  • Accounts that require multiple signatures for authorizing transactions

​Are Me-to-Me Transfers an option for making contributions to the RRSP and TFSA eSavings Accounts?

​Absolutely! Me-to-Me transfers are a fast and convenient way of making a contribution to your RRSP and TFSA eSavings account. However, outgoing Me-to-Me transfers are not available on the RRSP and TFSA eSavings accounts.

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