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Interac

How to Deposit and Withdraw Funds Easily with Interac.

Updated over a week ago

Interac is a Canadian funds transfer service that makes it easy to move money between personal and business accounts at participating banks and financial institutions in Canada. It’s a trusted and secure way to handle your transactions.

To use Interac, you’ll need to contact your bank and enable the service. This ensures your account is ready for deposits and withdrawals.

Deposit/Withdrawal Limit and Processing Time

Below is a summary of deposit and withdrawal limits and how long each usually takes.

Country

Payment Type

Process Time

Min -Max:

Deposit

Min -Max:

Withdrawal

Canada

Interac

1 hour

(*up to 24h)

$10 - $6,000

$10 - $15,000

If you’d like a step-by-step guide on how to deposit or withdraw, tap the arrow to see the full guide.

How to deposit

Steps on all platforms: desktop, iOS App, and Android App

  1. Click on Deposit from the top menu.

  2. Select the Interac icon.

  3. Enter the amount.

  4. Click Set amount to complete the process.

  5. You will be redirected to the provider's landing page and follow the on-screen instructions.

  6. With Interac, you have two convenient options to add funds to your account:

    • Using your bank details for a direct transfer

    • Request for Money feature for a quick and easy deposit

  7. Choose the method that works best for you.

Using Interac Online

  1. Go to Other Interac Payment Options, choose your bank, then select Interac Online to continue.

  2. Review your payment details on the confirmation page, then click the bank icon to move forward.

  3. Next, you’ll land on your bank’s portal to finish the payment process.

Using Request for Money

  1. Go to Other Interac Payment Options, choose your bank, then select Interac e-Transfer Request Money option to continue.

  2. Next, you’ll land on your bank’s portal to finish the payment process.

Important:

  • Deposit limits shown are default values and may differ from your personal limits. (embed deposit limits)

Note: Click here to learn more about using Interac.

How to withdraw

Steps on all platforms: desktop, iOS App, and Android App

First-Time Withdrawals

If this is your first withdrawal with us, there’s one extra step for security:


After you submit the payment form, you’ll be redirected to Gigadat’s secure page.

Here, you’ll log in using your regular online banking credentials. This helps us verify your account and process your payment safely.

Note: Once this verification is complete, future withdrawals will be much faster—no extra steps required!

  1. Click on My account from the top menu.

  2. Tap on withdraw.

  3. Select the Interac icon.

  4. Enter the amount, your email address and your mobile phone.

  5. Click Set amount to complete the process.

  6. You’ll receive a confirmation email letting you know the payment is complete.

Important:

  • Make sure the email on your BetVictor account matches the email registered with your bank. This is essential for Interac transactions to work smoothly and avoid delays.

  • If your email or mobile number isn’t registered for Auto Deposit, you’ll need to answer a security question provided by the sender before accessing your funds.

    • It must be at least 6 characters long and cannot include spaces or special characters.


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