A complete listing of PARAMA's services and associated 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

OR require minimum monthly balances of up to $5,000

OR maximum monthly fee for unlimited banking: up to $25/month

Free


n/a



$ 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
$30.00
$12.00
$  5.00
$25.00 (per hour)
$15.00
   
MISCELLANEOUS SERVICES & FEES:  
• WIRE TRANSFERS:  
     • sending CDN $ within Canada
     • sending CDN $ outside of Canada
     • sending US $ to the United States
     • sending 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 Transfer out of Parama $40.00
• Safety Deposit Box Rental (various sizes)   Special: 50% off first year annual fee for new   box rentals.
$35.00 - $120.00
   
LOAN DEPARTMENT SERVICES & FEES:
• MORTGAGES:  
     • Discharge
     • Transfer Fee out of PARAMA
     • Transfer Fee into PARAMA
$250.00
$250.00
no charge
• BRIDGE FINANCING:  
     • with mortgage
     • without mortgage
no charge
min. $100.00
• Credit Check $15.00
• Interest Paid Statement $10.00
• NSF Payments $25.00
• Late Payments $15.00
   
top
 
 
© 2008 Parama Lithuanian Credit Union Ltd.
     
PARAMA