What is the Manulife Bank e-Transfer limit?

Manulife Bank's Interac e-Transfer limits are $3,000 per transaction and $10,000 per day for personal accounts. These are the standard Interac network limits shared by all major Canadian banks and credit unions. The Advantage Account includes unlimited free e-Transfers — there is no per-send fee.

Are e-Transfers free at Manulife Bank?

Yes. The Advantage Account includes unlimited Interac e-Transfers at no charge. Sending, requesting, and receiving e-Transfers are all free. This matches the offering at EQ Bank, Simplii Financial, and other digital-first banks.

Does Manulife Bank have Autodeposit?

Yes. Manulife Bank supports Interac Autodeposit. Register your email address or phone number in Manulife online banking under Interac e-Transfer settings. Once registered, incoming e-Transfers are deposited automatically to your Advantage Account without requiring you to accept or provide a security question answer.

What is the Manulife Bank routing number for direct deposit?

Manulife Bank's institution number is 540. Your transit number varies by how your account was opened — it is available in your online banking under Account Details, or on a void cheque. The 9-digit EFT format is 0 + [5-digit transit] + 540. For CRA direct deposit, log in to My CRA Account and enter the transit number, institution number (540), and account number.

Can I send more than $10,000 at once from Manulife Bank?

The standard e-Transfer daily limit is $10,000. For amounts above this, use Manulife Bank's online banking to initiate an EFT to a linked external account — this supports higher transfer amounts on a 1–3 business day timeline and at no fee. For same-day large transfers, contact Manulife Bank at 1-877-765-2265 about wire transfer options.

Manulife Bank e-Transfer Limit 2026 | Send & Receive Limits

Manulife Bank’s e-Transfer limits follow the Interac network standard: $3,000 per transaction and $10,000 per day. The Advantage Account includes unlimited free sends and receives — no per-transaction fee.

Manulife Bank e-Transfer Limits

Limit	Amount
Per transaction	$3,000
Per day	$10,000
Per 30 days	$30,000
Receive	Up to $3,000 (set by sender’s bank)

e-Transfer Fees

Account	Monthly Fee	e-Transfer Cost
Advantage Account	$0 (with $1,000 balance)	Free, unlimited
TFSA savings	$0	e-Transfers not applicable (savings-only)
RRSP savings	$0	e-Transfers not applicable (savings-only)

All e-Transfers for the Advantage Account are included. There is no monthly cap or tiered pricing.

Manulife Bank vs Competitor e-Transfer Comparison

Institution	Daily Limit	e-Transfer Fee	Chequing Interest
Manulife Bank	$10,000	$0 (unlimited)	~3.10%
EQ Bank	$10,000	$0 (unlimited)	~3.50%
Simplii Financial	$10,000	$0 (unlimited)	~0.10%
National Bank (Digital)	$10,000	$0 (unlimited)	0%
Tangerine	$10,000	$0 (unlimited)	~0.10%

All institutions match on the standard Interac limits. Manulife Bank differentiates on interest earned in the chequing account, not on e-Transfer terms.

Setting Up Autodeposit at Manulife Bank

Log in to Manulife Bank online banking
Navigate to Interac e-Transfer → Autodeposit
Register your email address or phone number
Confirm via the verification link sent to that address

Once active, senders who transfer to your registered email or phone see their funds deposited automatically — no security question required.

Direct Deposit Setup (Institution 540)

Field	Value
Institution name	Manulife Bank
Institution number	540
Transit number	Your 5-digit transit (from online banking or void cheque)
Account number	Your account number

For CRA direct deposit (tax refund, GST/HST credit, CCB): log in to My CRA Account at canada.ca → Direct Deposit → enter the three numbers above.

Large Transfers Above the Daily e-Transfer Limit

Method	Timeline	Fee
EFT (linked account, online banking)	1–3 business days	$0
Wire transfer	Same day or next day	Fee — contact bank

For amounts above $10,000, initiate an EFT through Manulife online banking by linking an external account. Contact Manulife Bank at 1-877-765-2265 for same-day wire transfer requirements.

How Interac e-Transfer limits work in Canada

The $3,000 per transaction and $10,000 per day limits are set by Interac — the network that connects all Canadian financial institutions. No bank or credit union can raise these caps above the network maximum, though individual institutions may set lower internal limits.

These limits apply to outgoing transfers. For receiving, the cap is determined by the sender’s institution — if they can only send $3,000 per transaction, you receive no more than $3,000 regardless of your own account settings.

Common use cases and whether e-Transfer works

Use Case	Typical Amount	Works via e-Transfer?
Splitting expenses	$20–$500	✅ Yes
Rent payment	$1,000–$2,500	✅ Yes
Security deposit	$2,000–$5,000	⚠️ May need 2 transfers or EFT
Freelance invoice	$5,000–$15,000	❌ Use EFT or wire
Used vehicle	$8,000–$25,000	❌ Use EFT or bank draft
Real estate deposit	$20,000–$50,000	❌ Use bank draft (certified cheque)

For large real estate transactions, your lawyer or notary will require a certified cheque or bank draft — not an e-Transfer. Manulife Bank’s online banking allows EFT to linked external accounts for amounts above the daily limit.

Manulife Bank Advantage Account overview

The Advantage Account is Manulife Bank’s all-in-one chequing account that pays interest on deposits:

Feature	Details
Monthly fee	$0 (with $1,000 minimum balance) or $16.95 otherwise
Interest on deposits	~3.10% on entire balance
e-Transfers	Unlimited, free
Debit transactions	Unlimited
Cheques	Included
ATM access	Interac network; Manulife reimburses some ATM fees

The interest-bearing chequing account is Manulife Bank’s key differentiator — most Canadians earn 0% on their chequing balance, while Advantage Account holders earn a savings-account-level rate on everyday spending money.