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E-Transfers

Sending and receiving money by Interac e-Transfer is fast, secure and convenient.
And free for Parama Members.

The first time you send or receive an INTERAC e-transfer you will be required to set up a profile on your online banking account. This information is required by INTERAC to complete your e-transfers and can be updated at any time.

Certain daily and cumulative limits apply when using Interac. Please contact branch for details.

Learn more about how to get set up for Interac e-transfers and available enhanced features here:

LEARN MORE

E-Transfer Limits 

Outgoing

$10,000 per day 

$30,000 per week

$90,000 per month 

Incoming 

Unlimited 

Auto Deposit

Save time and effort with the Auto Deposit feature which allows for incoming Interac e-Transfers® to be automatically deposited directly into the selected account without any further action. 

How To Set Up Auto Deposit

Parama Mobile App

  1. Log in using your PAC and click Transfers
  2. Click Interac e-Transfer®
  3. In the top right corner, click settings
  4. Add Email
  5. Autodeposit
  6. Enter an email address that is unique to Parama and not used for any other financial institutions
  7. Select the account you would like e-Transfers® to be deposited to
  8. Confirm acknowledgements and update

Online Banking

  1. Log in using your PAC and click Transfers
  2. In the main menu on the left hand side, click Add/Delete Contacts
  3. Edit Sender Profile
  4. In the top left corner click Autodeposit
  5. Enter an email address that is unique to Parama and not used for any other financial institutions
  6. Select the account you would like e-Transfers® to be deposited to
  7. Confirm acknowledgements and continue