There are three ways to withdraw funds from your EQ Bank account:
- Via ATM withdrawals using an EQ Bank Card
- Via Interac e-Transfer
- Via Electronic Funds Transfer (EFT) to your linked accounts
EQ Bank Card:
You can withdraw money loaded on your card for free from any ATM in Canada. We don’t charge any fees for any ATM withdrawals in Canada. Plus, we reimburse any fees or surcharges charged by Canadian ATM providers within 10 business days. Learn more
about the EQ Bank Card.
Interac e-Transfer®:
You can instantly withdraw funds by sending a free Interac e-Transfer® to yourself, from your EQ Bank account. Funds sent through this method are generally not subject to holds, and funds are immediately available
for use.
Note: Banks may set daily limits on how much money you can receive through Interac e-Transfer®, so it’s best to use this method for smaller amounts.
Electronic Funds Transfer (EFT):
Using the EQ Bank mobile app or through online banking, you can transfer up to $30,000 per transaction from your EQ Bank account to your linked bank accounts. You can make multiple transactions per day. Funds will take two to three business days to appear
in your linked bank account.