HSBC Canada waives Interac transfer fees

Source: HSBC

HSBC Bank Canada (HSBC) is one of the first banks in Canada to fully waive the $1.25 Interac e-Transfer fee for its retail chequing and savings account holders – the latest in a series of moves by the 'World's Best Bank' to make banking simpler, better and faster for its customers.

"Waiving Interac e-Transfer fees for all our retail banking customers is our way of saying 'thank you' to the growing number of Canadians discovering the unique benefits of banking with HSBC," said Larry Tomei, Executive Vice President and Head of Retail Banking and Wealth Management, HSBC Bank Canada. "In fact, there is no limit to how many or how often transfers can be made, and so we hope more and more Canadians will take advantage of this easy and secure service this holiday season, and beyond."

Increasing branch hours:
HSBC has also expanded hours of operation across its network of 128 branches located in urban centers across Canada, as well as updated a number of branches to make them more digital-friendly.

"While we're investing heavily in new digital technologies and services to meet the changing needs and expectations of Canadians, the branch network remains an important part of how we serve our customers," added Tomei. "That's why we've extended branch hours at more than two-thirds of our branches, doubling the number of branches now open on Saturday."

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