1.00 CAD
Andhra Bank, founded in 1923 by Dr. Bhogaraju Pattabhi Sitaramayya in Machilipatnam, Andhra Pradesh, began as a modest community bank with a primary focus on catering to the requirements of local farmers and traders.
In 2020, as part of a government-driven effort to consolidate the banking sector and bolster financial strength, Andhra Bank merged with Union Bank of India. This merger led to the integration of Andhra Bank's operations and branches into Union Bank of India, which continues to provide services to Andhra Bank's customers.
It provides a higher level of security compared to traditional offline methods.
The process is expedited, ensuring your money reaches its destination promptly.
You can initiate the transfer conveniently from the comfort of your home.
Your funds become instantly accessible upon the successful completion of the transfer.
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:
Interac Online - $2.99
E-transfer - Free
Bill Payment - Free
Electronic funds Transfer - Free
Visa or Mastercard Debit - $2.99+
The maximum amount you can send is determined by your account's verification level.
At Verification Level 1, the initial level, you can send up to 1000 CAD per day and a maximum of 3000 CAD per month.
We highly recommend advancing to Verification Level 2, which allows you to send up to 3,000 CAD daily and up to 25,000 CAD monthly.
For users with more extensive transfer needs, we offer Verification Level 3, granting you the ability to send 9,000 CAD daily and up to 50,000 CAD monthly.
Stay tuned for the forthcoming Verification Level 4, currently in development, which will provide even higher sending limits.
It's worth noting that the verification process is a one-time requirement. Once verified, there's no need to submit any additional documents.