Other Services

Western Union

Millions of people trust Western Union to send money. Members may quickly send funds person to person to over 200 countries. Payout is usually in local currency.Our members love to send funds through Western Union with us because of the simplicity. If you are receiving funds, it's even easier. If any members have questions or would like more information about how they can send or receive funds through Western Union, please call our offices at 416-238-5606 and we can find the solution to best fit your needs. For a basic overview, please see below.

STEP 1: Complete Transaction - Fill out the appropriate “To Send Money” form and give it to the Credit Union staff along with cash to cover the transfer amount plus applicable Western Union fees (Please note we can debit your credit union account if there are sufficient funds available). You will need to know the receiver’s first and last name as well as the country and city of the recipient. Be sure to save your Money Transfer Control Number (MTCN).

STEP 2: Money is Ready for Pick Up - Money can be picked up usually in local currency at participating Agent locations worldwide. The receiver will need to produce valid government-issued photo ID or answer a test question. Please note that in Canada the receiver must present a correct MTCN number, and the receiver must be at least 18 years old. If you are receiving funds we can credit your Credit Union account instantly.

Restrictions and Special Notes: Canada

Sending from Canada: When sending money transfers of $1,000 CAD or higher to any destination, the sender must provide identification type, number and place of issuance.

Receiving in Canada: For money transfer payouts of $1,000 CAD or higher,  identification type, number and place of issuance must be provided by payee. Receiver must present correct MTCN number. Receivers must be at least 18 years old.

Interac e-Transfer (Formerly InteracEmail Money Transfers)

Interac e-Transfers are a simple, fast, convenient, and secure way to send and receive money directly from one bank account to another. All you need is access to online or mobile banking through a participating financial institution, and you can send money to anyone with an email address or mobile phone number and a bank account in Canada — without sharing any personal or financial information. It's a great alternative to cheques and cash. Please make sure you activate this on your credit union account today!
 

HyperWallet


Important notice
Hyperwallet Systems Inc. will be discontinued this service as of Monday, February 1, 2016. 

 

Post Dated Cheque Deposit

You can leave your post dated cheques for deposit. These cheques will be credited to your account automatically on the due date (or next business day).

Inter-Office Mail

Members working out of Toronto Hydro locations can send documents and cheque deposits through the inter-office mail to reach our Commissioners Street branch. Please call for more information.

Transaction Email Alerts

Sign up to have your account set up so that we can advise you whenever a transaction is posted to your account. You will receive an email informing you of the transaction to help you better manage your budget while reducing the potential for fraud.

Apply Now

Wire Transfers

TECU offers both incoming and outgoing wire transfers. All incoming funds are converted to Canadian funds. If you are receiving funds to your Credit Union account, the issuing financial institution will require the following information:
 


For incoming wires:


CAD from within Canada:
   
SWIFT BIC CUCXCATTVAN
   
Beneficiary Bank: 082800672 (field 57)
Credit Union name: The Energy Credit Union Limited
Credit Union address 2 Carlton St. Ste 810 Toronto, Ontario M5B 1J3 Canada
   
Beneficiary Customer (field 59)
Full Account # 0828 00672 000_ _ _ _ _ _  11
Member Name: First name, Middle Initial, and Last name
Member Address: Street, City, Province/State, Postal Code, Country  
   

 

CAD From Foreign Country

   
Beneficiary Bank:    (field 57)
SWIFT BIC: CUCXCATTVAN 
Name: Central1 Credit Union
Address: Creekside Drive Vancouver, BC Canada V6J 4S7  
   
Beneficiary Customer: (field 59)
Full Account # 0828 00672 000_ _ _ _ _ _  11
Member Name: First name, Middle Initial, and Last name
Member Address: Street, City, Province/State, Postal Code, Country  
   
Payment Details: (field 70)
Credit Union Name:               The Energy Credit Union Limited
Credit Union address: 2 Carlton St. Ste 810 Toronto, Ontario M5B 1J3 Canada


USD From Foreign Country

   
SWIFT BIC: BKTRUS33
  Deutsche Bank Trust Company Americas New York, USA
   
Beneficiary Bank: (field 57)
SWIFT BIC: CUCXCATTVAN
Name and address: Central1 Credit Union 
Account # Deutsche Bank Account number 04459732
   
Beneficiary Customer: (field 59)
Full Account # 0828 00672 000_ _ _ _ _ _  11
Member Name: First name, Middle Initial, and Last name
Member Address: Street, City, Province/State, Postal Code, Country  
   
Payment Details: (field 70)
Credit Union Name: The Energy Credit Union Limited
Credit Union address:  2 Carlton St. Ste 810 Toronto, Ontario M5B 1J3 Canada
   


BPS From Foreign Country

   
SWIFT BIC: DEUTGB2L
  Deutsche Bank London, United Kingdom
   
Beneficiary Bank (field 57)
SWIFT BIC: CUCXCATTVAN
  Central1 Credit Union
   
Beneficiary Customer: (field 59)
Full Account #  0828 00672 000_ _ _ _ _ _  11
Member Name: First name, Middle Initial, and Last name
Member Address: Street, City, Province/State, Postal Code, Country  
Payment Details: (field 70)
Credit Union Name:  The Energy Credit Union Limited
Credit Union address: 2 Carlton St. Ste 810 Toronto, Ontario M5B 1J3 Canada
   
   

EUR From Foreign Country

   
SWIFT BIC DEUTDEFF
  Deutsche Bank  
   
Beneficiary Bank: (field 57)   
SWIFT BIC: CUCXCATTVAN
  Central1 Credit Union
   
Beneficiary Customer: (field 59) 
Full Account # 0828 00672 000_ _ _ _ _ _  11
Member Name:  First name, Middle Initial, and Last name
Member Address:  Street, City, Province/State, Postal Code, Country  
   
Payment Details: (field 70)
Credit Union Name: The Energy Credit Union Limited
Credit Union address: 2 Carlton St. Ste 810 Toronto, Ontario M5B 1J3 Canada
   
   


                                                                                              
For outgoing wire transfers, TECU will need the following information:  (Need sender's up to date ID)
 

   
Currency:  
Amount:  
   
Beneficiary Customer:  
   
Account Number:  Canada or USA (Account number)
  Other Countries IBAN Number is needed
Full Name of Beneficiary:  First name, Middle Initial, and Last name
Telephone number:  including area code
Full address of Beneficiary:  Street, City, Province, and Postal Code, Country
Beneficiary Occupation  
Relationship to Sender  
   
Beneficiary F.I. Information:  
Name of Credit Union /Bank:   Full name
Address of institution:  Street, City, Province/State, Postal Code/Zip, Country  
Transit Canada)/ ABA / SWIFT
Sort Code  (if applicable)
   
Intermediary F.I. Information: (Mandatory if sending in CAD to US)
   
Intermediary F.I. Name   
Intermediary F.I. Address  
Intermediary F.I. ABA/SWIFT CODE  
Intermediary F.I. Account Number  
   
Is this a Third Party? Full name of the third party
  Full address of the third party
  Birth Date of the third party 
  Occupation of the third party 
  ID of the third party