SERVICES & FEES
Parama Benefits: Most chequing account services are FREE to PARAMA members! Compare us to Canada's "Big Banks" or your existing financial institution, and see for yourself - Membership has its Benefits!

COMPARISON CHART - SERVICES AND FEES

 

"Big 5" Banks

PARAMA

Chequing account monthly fee and/or minimum balance requirement

Charge for each transaction

Free

OR require minimum monthly balances of up to $5,000
n/a
OR maximum monthly fee for unlimited banking: up to $25/month
$ 0

Cheque processing

$0.50 - $0.75

Free

In-branch deposits & withdrawals

$0.50 - $1.50

Free

Certified cheques

$10.00 - $25.00

Free (Members)

Money orders

$5.00 - $6.00

Free

Bill payments, internet and/or in-branch

$0.50 - $2.50

Free

Post-dated and/or mailed-in deposits

up to $3.00 per deposit

Free

Traveler's cheques

1% - 1.75% commission

Free

Stop payments

$12.50 - $17.50

Free

Statements, histories

$1.00 - $5.00

Free

Debit Card Payments

$0.50 - $0.60

Free

 
Parama Benefits: Compared to other financial institutions, our list of fees for services is very short and always competitive!
   
CHEQUING ACCOUNT SERVICES & FEES
  • NSF
  • Returned Item
  • Presentment Charge
  • Microfilm Search
  • Cheque Certification for non-members
  • Business Account Deposit Record Book
$35.00
$12.00
$  5.00
$25.00 (per hour)
$15.00
$10.00 (each)
   
MISCELLANEOUS SERVICES & FEES  
• AUTOMATED BANKING MACHINE OR ATM TRANSACTION FEES:
  • CDN ATM withdrawals/deposits via EXCHANGE
  • US ATM withdrawals via EXCHANGE
  • CDN ATM withdrawals outside EXCHANGE
  • US ATM withdrawals outside EXCHANGE
  • International ATM withdrawals
Free
Free
$1.00
$2.00
$3.00
• WIRE TRANSFERS:  
  • send CDN $ within Canada
  • send CDN $ outside of Canada
  • send US $ to the United States
  • send US $ outside of Canada/U.S.
  • incoming CDN $ processing fee
  • incoming US $ processing fee
$25.00
$35.00
$25.00 USD
$35.00 USD
$15.00
$15.00 USD
• RSP and TFSA Transfer out Fee $100.00
• SAFETY DEPOSIT BOX RENTAL:  
  • 1.5 X 5
  • 2.5 X 5
  • 3.5 X 5
  • 5.0 X 5
  • 5.0 X 10
$50.00
$60.00
$75.00
$100.00
$180.00
• DORMANT ACCOUNT FEES:
  • Inactive/dormant for 3 years + $50.00 per year
   
LOAN DEPARTMENT SERVICES & FEES
• MORTGAGES:  
  • Discharge
  • Transfer Fee out of PARAMA
  • Transfer Fee into PARAMA
$300.00
$300.00
no charge
• BRIDGE FINANCING:  
  • with mortgage
  • without mortgage
$100.00
min. $300.00
• NSF Payments $35.00
• Late Payments $30.00
   

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© 2014 PARAMA Lithuanian Credit Union Ltd.
     
 
List of our Services and Fees Information on Internet Banking