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Transfers worth more than 500 dollars are free.
Direct bank deposits. The transfers usually take between 1 and 2 days, but some transfers happen instantly.
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+
In NOK, the maximum amount you can send is determined by your verification level. Below is a breakdown of the levels:
The minimal Level 1 of verification allows you to send 50 CAD daily or 500 CAD monthly.
Verification of Level 2 is recommended. Your daily limit will be 3,000 CAD, and your monthly limit will be 25,000 CAD.
We also offer Verification Level 3 for users who need to transfer larger amounts of money. A maximum of 9,000 CAD can be sent daily, and 50,000 CAD can be sent monthly.
Additionally, we are working on Verification Level 4 to provide our customers with even higher sending limits. Verification is a one-time process. After you have been verified, you do not need to provide any additional documents.