If you are eligible for an Interac eTransfer, you will receive your money instantly.
If you are getting a Direct Deposit, they are transferred 3 times daily during regular business hours (see schedule below). If you are with a bank other than CIBC, TD, RBC, Scotia, BMO or HSBC, the deposit may take longer.
Loans approved before 11 AM will be deposited that day by 3:30 PM.
Loans approved between 11 AM and 4 PM will be deposited that day by 8 PM.
Loan approved after 4 PM or on weekends and holidays will be deposited by 3:30 PM the next business day.
* Note: all times are in Pacific Standard Time (PST).