Canada's popular instant money transfer service. Fast and widely accepted by Canadian exchanges.
Transfer speed: Minutes to a few hours
Available in: CA
Kraken supports Interac e-Transfer for Canadian funding, and many Canada-facing exchange flows treat Interac as the default "fast deposit" rail. If Interac is not available on a major global exchange in your region, they usually push card or bank transfer instead.
Many Interac deposits land within minutes to a few hours, especially with auto-deposit style setups. Delays usually come from security checks, incorrect memo details, or bank-side e-Transfer limits being hit.
Kraken documents Interac limits by cadence, including per-transaction and daily and weekly caps. Those exchange-side limits sit on top of any limits your bank applies to your Interac profile.
If you miss a required reference or the exchange changes deposit instructions, the transfer can fail or require manual support. Another common issue is trying to send multiple transfers in a short time and hitting bank-side rate limits.
Interac is best for speed and convenience for retail deposits. EFT suits slower funding, while wire is best for larger amounts where you want predictable settlement windows and higher limits.