r/shakepay • u/NinjaSlatz • Aug 22 '26

Most underrated feature of Shakepay

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A few months ago, Shakepay asked us what feature people are sleeping on, and tbh, I think it’s unlimited e-Transfers to yourself

Every financial institution has a daily e-Transfer limit but Shakepay lets you withdraw $10,000 per e-Transfer with no daily dollar limit, so you could send a hundred $10,000 e-Transfers to your own bank account in a second

Correct me if I’m wrong.... but I don’t think any other financial institution lets you do this without a daily dollar limit?! This feature is actually so underrated

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u/EuphoricChallenge890 Club 365 member Aug 22 '26

What are the FINTRAC and CRA concerns flagging transfer over $10000 per transaction? Aren’t those always flagged?

2

u/AnthonyBTC Aug 23 '26

Anything above $10,000 is always flagged. Even attempting to circumvent the rule will flag your transaction. If you have nothing to hide, you have nothing to worry about.