What is Simplii Financial's e-Transfer limit?

Simplii Financial allows customers to send up to $3,000 per day via Interac e-Transfer. The 7-day rolling limit is approximately $10,000. You can receive up to $25,000 per e-Transfer. All Interac e-Transfers at Simplii are free — no per-transfer fee for sending or receiving.

Are e-Transfers free at Simplii Financial?

Yes. Simplii Financial offers unlimited free Interac e-Transfers as part of its No-Fee Chequing Account. There is no per-transfer fee for sending or receiving. This is one of Simplii's core features and compares favourably to basic Big 5 bank plans that charge $1.00–$1.50 per e-Transfer.

Can I increase my Simplii e-Transfer limit?

Simplii's standard daily e-Transfer send limit is $3,000. Contact Simplii at 1-888-723-8881 to request a higher limit. For larger transfers, Simplii also offers bank-to-bank (EFT) transfers to/from external accounts, which typically carry higher limits and take 1–3 business days.

How long does a Simplii e-Transfer take?

Simplii e-Transfers sent to a recipient with Autodeposit enabled typically arrive within minutes. Without Autodeposit, the recipient must accept the transfer via security question, which may take up to several hours. Transfers expire after 30 days if not accepted. Simplii sends an email notification immediately upon sending.

Does Simplii support Interac e-Transfer Autodeposit?

Yes. Simplii Financial supports Interac e-Transfer Autodeposit. Set it up through the Simplii app or website by linking your email address. With Autodeposit, incoming transfers are automatically deposited to your account without needing a security question answer — making receipt instant and seamless.

Simplii e-Transfer Limit 2026 — Daily Send Limits and Free Interac e-Transfers

Simplii Financial’s Interac e-Transfer daily limit is $3,000. The 7-day rolling limit is approximately $10,000. All e-Transfers are free and unlimited on the No-Fee Chequing Account. You can receive up to $25,000 per transfer.

Quick answer: Simplii e-Transfer daily send: $3,000. 7-day: $10,000. Receive per transfer: $25,000. Cost: $0.

Simplii e-Transfer Limits 2026

Limit	Amount	Notes
Daily send limit	$3,000	Resets midnight ET
7-day rolling limit	~$10,000	Rolling window
Maximum per transfer	$3,000	Interac standard
Maximum receive per transfer	$25,000	Interac network max
Cost	$0	Unlimited on No-Fee Chequing

How e-Transfer Limits Work

The $3,000 daily send limit resets each day at midnight Eastern Time. This means if you send $2,500 on Monday and $500 on Tuesday, your Tuesday limit has been used — and at midnight Tuesday night, your Wednesday limit resets to $3,000.

The 7-day rolling limit is a sliding window — it looks at the past 7 days of outgoing transfers rather than a fixed calendar week. If you sent $3,000 per day for three days, you would hit the $10,000 rolling limit before the 7-day period ends.

For amounts over $3,000 that can’t wait, options include:

Split over multiple days — send $3,000 today and $3,000 tomorrow
EFT bank-to-bank transfer — Simplii supports external transfers which typically carry higher limits (1–3 business days to process)
Wire transfer — Simplii personal accounts don’t support outgoing wire transfers; if you need this, you would need to use a Big 5 bank account

How to Send a Simplii e-Transfer

Via the Simplii app:

Open the Simplii Financial app and log in
Tap Move Money → Send Interac e-Transfer
Select your chequing account as the source
Tap Add Contact or choose an existing recipient (email or Canadian mobile number)
Enter the amount (up to $3,000)
Add a message (optional)
If the recipient has Autodeposit: no security question needed
If no Autodeposit: set a security question and answer the recipient will know
Review and tap Send

The transfer is debited immediately from your account. Autodeposit recipients receive funds in minutes. Recipients without Autodeposit must accept within 30 days or the transfer expires and is returned to you.

Setting Up Autodeposit at Simplii

Autodeposit automatically deposits incoming e-Transfers to your account without requiring a security question — making receipt instant and eliminating the step of manually accepting each transfer. Set it up once and all future incoming transfers to your registered email or phone arrive automatically.

How to enable Autodeposit:

Open the Simplii app → Move Money → Interac e-Transfer
Tap Autodeposit Settings
Register your email address or Canadian mobile number
Confirm the verification code sent to that address/number
Link to your Simplii chequing account

Once active, anyone sending you an e-Transfer to that email or phone will have it automatically deposited. You receive a confirmation email each time.

Simplii vs. Other No-Fee Banks: e-Transfer Comparison

Bank	Daily Send	Cost	Autodeposit
Simplii	$3,000	Free	Yes
Tangerine	$3,000	Free	Yes
EQ Bank	$3,000	Free	Yes
Scotiabank (Basic)	$3,000	$1.50/transfer	Yes
TD (Minimum Chequing)	$3,000	Counts as transaction	Yes

All Canadian banks using the Interac network share the same fundamental limits — what differs is whether e-Transfers are free or counted as transactions.

Practical Tips

Rent payments: Set up Autodeposit for your landlord’s email so they receive rent instantly without needing to accept manually. If your landlord doesn’t use Autodeposit, create a recurring e-Transfer reminder so it goes out on the same day each month.

Freelance income: Register your Simplii email for Autodeposit so client payments drop directly into your account. This is especially useful for recurring clients who pay on fixed dates.

Splitting large amounts: If you owe more than $3,000 — such as a first and last month’s rent deposit — send $3,000 today and schedule the remainder for tomorrow. Notify the recipient so they expect two transfers.

Security question tips: Choose a question the recipient can answer without looking it up (not something Googleable about you). For ongoing contacts, consider enabling Autodeposit on both sides to skip security questions entirely.

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy