Parama Benefits: Compared to other financial institutions, our list of fees for services is very short and always competitive!
Service Charges as of August 31, 2023.
Chequing Account Services & Fees
NSF | $45.00 |
Returned Item | $15.00 |
Presentment Charge | $7.50 |
Stop Payment | $5.00 |
Member Statement print | $2.00 |
Cheque Image Retrieval & Print | $1.00 |
Archive Search/Retrieval | $35.00 (per hour) |
Cheque Certification For Members | $5.00 |
Cheque Certification For Non-Members | $20.00 |
Canadian Bank Draft For Members | $5.00 |
Canadian Bank Draft For Non-Members | $15.00 |
Canadian Money Order | $5.00 |
US Dollar Draft | $5.00 |
Personal Account Cheques - book of 100 | $10.00 |
Personal Account Cheques - 150 / 200 | $15.00 / $17.50 |
Business Account Deposit Record Book | $15.00 |
2 per page Business Cheques - 100 / 200 | $50.00 / $75.00 |
2 per page Business Cheques - 400 / 800 | $100.00 / $125.00 |
Debit Card - Upon Account Opening | FREE |
Debit Card - Replacement | $10.00 |
Miscellaneous Services & Fees
AUTOMATED BANKING MACHINE OR ATM TRANSACTION FEES:
|
|
CDN ATM withdrawals/deposits via EXCHANGE | FREE |
US ATM withdrawals via EXCHANGE | $2.50 |
CDN ATM withdrawals outside EXCHANGE | $1.00 |
US ATM withdrawals outside EXCHANGE | $2.50 |
International ATM withdrawals | $3.50 |
LIMITS
|
|
Debit Card ATM | $500 /day |
Debit Card Point of Sale | $1,000 /day |
INTERAC e-transfer | $10,000 /day |
$30,000 /week | |
$90,000 /month |
FUNDS TRANSFERS:
|
|
Outgoing E-transfers | FREE |
Incoming E-transfers | FREE |
Wires | |
send CDN $ within Canada |
$25.00 |
send CDN $ outside of Canada |
$35.00 |
send US $ to the United States |
$25.00 USD |
send US $ outside of Canada/U.S. |
$35.00 USD |
incoming CDN $ processing fee |
$15.00 |
incoming CDN $ incomplete information processing fee |
$35.00 |
incoming US $ processing fee |
$15.00 USD |
incoming US $ incomplete information processing fee |
$35.00 USD |
EURO FUND TRANSFERS:
|
|
$1 to $2,000 (Member) | $10.00 |
$1 to $2,000 (Non-Member) | $20.00 |
> $2,000 (Member) | $15.00 |
> $2,000 (Non-Member) | $40.00 |
RRSP, LIRA, LRSP, TFSA and RESP Transfer Out Fee | $100.00 |
SAFETY BOX RENTAL:
|
|
1.5 X 5 | $50.00 |
2.5 X 5 | $60.00 |
3.5 X 5 | $75.00 |
5.0 X 5 | $100.00 |
5.0 X 10 | $180.00 |
DORMANT ACCOUNT FEES:
|
|
Inactive/dormant for 3 years + | $50.00 per year |
Loan Department and Services & Fees
MORTGAGES:
|
|
Discharge/Administration Fee | Starting from $300.00 |
Early Payout Administration Fee (Fixed Term Broker Mortgages Only) | Starting from $5,000.00 |
Transfer Fee into PARAMA | no charge |
BRIDGE LOAN FEES:
|
|
with mortgage | $300.00 |
without mortgage | $500.00 |
NSF Payments | $45.00 |
Residential Loans Late Payments | $50.00 |
Commercial Loans Late Payments | $50.00 |
Mortgage Statement | $25.00 |
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