Sending money to a Canadian Bank account on Lemonade is free of charge. You can transfer your Canadian balance on Lemonade back to your Canada bank account by following the steps below:
Step 1: To send money to a Canadian bank account, please log in/Register on the Lemonade Finance App and make sure you are using the latest version of the app on the Apple Appstore or Google Playstore ( Version 3.0.2 upwards)
Step 2: Click on "Send Money" on the homepage to send money to a Canadian bank account.
Step 3: On the "Send Money" page, input the amount to send to a Canadian bank account.
Step 4: Change the recipient currency to CAD to send to a Canadian bank account.
Step 5: On the "Who to pay" please select "Send to bank" to send to a Canadian bank account.
Step 6: Enter the Canadian bank details (First Name & Last Name, Recipient Phone Number, Institution Number, Account Number, Bank Name) to send to a Canadian bank.
Step 7: Review details of the transfer to send to a Canadian bank.
Step 8: Click on "Send Money" to complete the transfer to a Canadian bank.
Step 9: You should receive a notification that your transfer was successfully complete.
NOTE: Transfers to Canadian Bank accounts may take between 24hrs - 48hrs to complete.
Kindly contact email@example.com if you have any questions or need help sending money.