Interac e-Transfers
Sending and receiving money is fast, secure, convenient and free for Members!
The first time you send or receive an Interac e-Transfer you will be required to set up a profile in your Online Banking Account. This information can be updated at any time. To learn more how to set up Interac e-Transfers and others features, see below.
How do I get Deposit Anywhere™?
Deposit Anywhere™ is available on Parama’s Mobile App only. Download the iPhone or Android App to access this feature.
How much does it cost?
There are no fees to use Deposit Anywhere.
How does it work?
Open the Parama Mobile App, tap the “Deposit” button, select the account you would like the funds deposited to and enter the amount, take a photo of the front and back of the cheque, confirm the details and tap “Submit”. The funds will then be deposited securely into your account however will not be available for immediate use until the cheque has cleared.
What types of cheques can I deposit?
You can deposit cheques payable in Canadian Dollars and drawn at any Canadian Financial Institution. They must be payable and endorsed by you, the account holder.
Will I be notified if there is an issue with the deposit?
After you have made your deposit, you will receive a confirmation. Should there be an issue with the deposit or clearing of the cheque, Parama will contact you.
- Send and receive funds worldwide from the convenience of Parama’s digital banking – including to and from Lithuania and around the globe.
- Benefit from real time exchange rates, quick and easy delivery, and minimal to no sending fees.
- To get started, watch the videos, read the step-by-step or contact us.
How to get started, step-by-step instructions.
- Log in to Online Banking or the Parama Mobile App.
- Click International Transfers.
- For Online Banking: on the left-hand menu, navigate to Transfers > International Transfers.
- For the Mobile App: select the Transfers icon > International Transfers.
- Read the disclaimer and proceed.
- You will be re-directed to a new page.
- Complete the registration requirements and add your ID.
- Add your recipient(s).
- You are ready to start sending International Transfers!
What are the minimum and maximum International Transfer amounts?
You can transfer between $10 CAD and $25,000 CAD to most countries. If you need to send more than $25,000 CAD, please contact Agility at (604) 256-6200.
How long does an International Transfer take?
- Transfers within North America are typically delivered the next day.
- International Transfers outside North America typically take two business days.
How do I keep track of my International Transfer?
Your transfer will appear in your transaction history in Online Banking in real-time. You will also receive an email notification when the transfer has left your account and when it arrives at the recipient’s account.
What are the exchange rates?
With real time pricing in International Transfers, you will get Parama’s true exchange rate every time! The rate refreshes every 10 seconds.
Incoming Wire Transfers
Incoming Wire Transfer Codes must be completed exactly using the SWIFT and FEDWIRE codes provided below. Any missing or incorrect information may result in the incoming wire being delayed or returned. If you have any questions, contact us.
Downloads:
Outgoing Wire Transfers
To transfer funds from Parama to another bank account worldwide, we welcome you to visit us at either branch, or call us, or simply complete our secure and convenient online form.
Estimated Service Charges
- Parama charges $25 for processing Outgoing Wire Transfers sent to Canada/US, applied in the currency of the wire being sent, and $35 for anything sent outside of Canada/US.
- Additionally, intermediary banks may deduct additional Service Charges prior to your Wire Transfer arriving at the beneficiary’s Financial Institution (F.I.).
