Skip to main content

How can I deposit money into My Beacon Money account?

Updated over 2 weeks ago

1. Salary Deposit

Get your pay straight into your Beacon account—fast, secure, and hassle-free.

Simply share your Beacon account details with your employer, and they can deposit your salary directly. No more paper cheques, no more trips to the bank.

Need your account details? Download your Void Cheque in seconds:

Beacon App → Beacon Money → Account Details → Download Void Cheque

Because payday should be about spending, not waiting. 💸


2. Government Payments

Have your benefits, tax refunds, or other government payments land directly in your Beacon account.

Just update your direct deposit information using your Beacon account details. For 100% accuracy, use your downloadable Void Cheque:

Beacon App → Beacon Money → Account Details → Download Void Cheque

Quick, reliable, and zero paper involved.


3. Receive Money via Interac e-Transfer

Getting paid by friends, family, or anyone in Canada is as easy as 1-2-3:

  1. Share your Beacon Money Interac email with the sender.

  2. The sender initiates the e-Transfer from their Canadian bank.

  3. Accept the transfer in your Beacon app—funds arrive instantly.

We’ve made it even smoother with Autodeposit—your Beacon Money account comes with an email already linked, so e-Transfers go straight into your account without answering security questions.

Another option? Start the transfer right from your Beacon app:

Beacon Money → Interac e-Transfer → Enter the amount → Select your bank → Complete the transfer in your bank’s app or website.

Quick, easy, and hassle-free.


4. International Remittance

Receive money from abroad 🌍

Need to receive money from abroad? Use the International Money Transfer feature in the Beacon app (powered by Currencycloud) to get funds from overseas sent straight to your Beacon account—securely and without unnecessary delays.

Currently, this service is available for users with Canadian or Indian address, making it especially useful for students, newcomers, or anyone in Canada with family or business ties there.

Send money from India 🇮🇳

Send a remittance from India to Canada using our Send Money from India mini-app in the home screen. Follow the prompt to enter the detail and upload the required documents. We support sending money for immigration and education.


5. Cash Deposit (Coming Soon)

In the future, you’ll be able to deposit cash at our partner locations and have it show up in your Beacon account.

If you’d like to be one of the first to try it, let us know via the customer support chat in the app or on our website, and we’ll notify you the moment it’s ready.

Did this answer your question?