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email transfer money to any bank account for free?

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I currently do my personal banking through TD.. I can transfer money to anyone with a TD account at no charge, but if I want to transfer money to somebody else, I have to use either Interac e-transfer or some similar Visa payment system, which both have a transfer fee of $1.50 per transaction.. I feel like that's pretty gougy (well.. what do you expect right?) but has someone figured out a way of offering a service like this for nothing? What if I upgrade my bank account to something fancy?

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