Does e-transfer (ACSS) allow me to send money to India on a regular, monthly basis?
You can use e-Transfer (ACSS) to set up a recurring money transfer request to take care of your regular money transfers. You have the convenience of sending money on a weekly or a monthly basis. For example , if you want to send money to your family on the 1st of every month, you can set up this feature on e-Transfer (ACSS) as a one-time activity using the recurring transactions facility. The processing of the transaction will be initiated on the 1st of every month. The money will be automatically transferred every month from your bank account in CANADA to your family in India. We have also provided the facility of deleting the regular money transfer request set up by you, in case you want to stop the money transfers.