How to Add or Receive Funds in Your Venn Account (CAD, USD, GBP, and EUR)

Getting money into your account should feel boring in the best way. When the right method is used, funds arrive quickly and are ready to use as soon as they land, without extra follow-ups, uncertainty, or operational friction for your team.

A business account dashboard with multi-currency balances, representing how to add or receive funds in a Venn account.

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Moving money into your business account should be simple, predictable, and fast. But for many Canadian businesses, adding or receiving funds still comes with unnecessary friction. Different payment rails, mismatched details, and unclear timelines can slow things down at exactly the wrong moment.

Venn is built to remove that friction. With local CAD and USD accounts and dedicated GBP and EUR accounts, you can add or receive funds using the most common domestic and international payment methods, without relying on workarounds or manual reconciliation.

Here's how easy it is to add or receive funds in your Venn account, what each method is best used for, and how long you should expect transfers to take.

The Three Ways Funds Move Into Venn

At a high level, money reaches your Venn account in one of three ways:

You pull funds in from a linked bank account
Someone sends you money using local payment rails
You receive a wire through international networks

Each option serves a different purpose. The key is matching the method to the situation, not forcing everything through the same channel.

If you're new to Venn, check out the complete walkthrough of our dashboard first!

1. Adding CAD From a Linked Bank Account (Pre-Authorized Debit)

Use this when you want to move money from a linked Canadian bank account into your Venn CAD balance.

Steps:

Go to Venn Dashboards
From the side menu bar, select Add money
From the dropdown menu, select Linked bank account
Select your linked bank account and add funds

Typical timing: Usually 2 to 3 business days. You’ll receive an email with the estimated arrival date. In some cases, it may take an extra business day for bank clearance.

2. Receiving CAD Instantly With Interac e-Transfer Auto Deposit

Use this when someone needs to send you CAD fast (clients, vendors, reimbursements, internal funding).

Steps:

Go to Venn Dashboards
Select CAD Account
Select Interac e-Transfer
Select Documents
Select Download account details [PDF] and share your Venn-linked Interac email

Typical timing: Funds arrive instantly or within a few minutes in most cases. For more details, check out our Interac e-Transfers® guide for Canadian businesses!

3. Receiving CAD via Electronic Funds Transfer (EFT)

Use this when a sender wants to pay you via EFT to your CAD account.

Steps:

Go to Venn Dashboards
Select CAD Account
Select EFT
Select Documents
Select Download account details [PDF] and share your EFT account payment details

Typical timing: Within 1 business day (excluding weekends and public holidays).

Important: EFT and Wire (SWIFT) are different. Sending a wire instead of an EFT will cause the transfer to fail.

4. Receiving CAD via Wire (SWIFT)

Use this when the sender can only send a wire, or they are sending from a system that defaults to SWIFT.

Steps

Go to Venn Dashboards
Select CAD Account
Select Wire (SWIFT)
Select Documents
Select Download account details [PDF] and share your Wire (SWIFT) account payment details