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I don't have the same experience. All my canadian banks are covering my fees and 80% of the time the transfer is instantaneous. Most of the time under 5 minutes.

Interac E-Transfer minimums are 0.01$. Money is going straight into my checking accounts.

Tangerine in particular appear to be the problem with slow transfers.

I pay a cleaning service regularly w/ E-transfer and the money is deposited within minutes. My bank imposes a $3,000 daily limit, which is more than US services seem to allow in a month.

My bank has a daily limit, but I've always found it easy to just call and ask them to raise the limit for the day. A minor inconvenience, but I'd not like to accidentally spend more.

To be fair most banks waive the fee.

I agree with the minimums and send time. It’s ridiculous that a transfer I make every week to my wife takes 30 mins to complete. Slower than Bitcoin.