What if I forgot the answer to the e-transfer security question?

Forgot Your e-Transfer Security Question Answer? A Quick Guide

Electronic funds transfers (e-Transfers) are a convenient way to send and receive money securely. To ensure the security of your e-Transfers, you are required to set up a security question and answer. However, what happens if you forget the answer to your security question?

Don’t panic! Retrieving your e-Transfer security answer is a simple process. Follow these steps:

1. Access Your Account Settings: Begin by logging into your online banking account. Once logged in, navigate to the “Settings” or “Account Management” section.

2. Locate the Withdraw Funds Option: Within the settings menu, locate the “Withdraw Funds” option. This is typically where you can manage your e-Transfer settings.

3. Reset Your Security Answer: Under the “Withdraw Funds” section, you should find an option to “Reset Security Answer.” Click on this option.

4. Validate Your Identity: You will be prompted to provide personal information to verify your identity. This may include your date of birth, address, or a specific password.

5. Enter a New Security Answer: Once your identity is verified, you will be able to enter a new security answer. Make sure to choose an answer that is both memorable and secure.

6. Confirm the Change: After entering your new security answer, confirm the change by clicking on the appropriate button.

7. Access Your Answer: Your new security answer will now be available in your account settings. You can view and retrieve it whenever you need to.

Tips for Choosing a Secure Security Answer

To ensure the security of your e-Transfers, it is crucial to choose a strong and unique security answer. Here are some tips:

• Avoid using common answers or personal information that could be easily guessed, such as your birthdate or mother’s maiden name.
• Create an answer that is specific to your e-Transfer account.
• Use a combination of letters, numbers, and symbols for added security.
• Keep your security answer confidential and do not share it with anyone.

By following these steps, you can easily reset your e-Transfer security answer and maintain the security of your financial transactions. Remember, it is important to choose a strong and unique security answer to protect your account and funds.