International Transfers is a low-cost foreign exchange solution for Northern Credit Union members to transfer money internationally through online banking, 24/7. With expert omni-channel support, members no longer need to wait in line to make international transfers.
How can International Transfers solve your needs?
- Buying an overseas property or holiday home abroad
- Simply transferring US money to your US account at Northern Credit Union
- Paying for overseas tuition fees for child or grandchild
- Overseas investments
- Sending money to friends or family who live overseas
- Paying for accommodation/luxury holidays overseas
- Supporting a family member who is travelling overseas
- Paying for a wedding abroad
- Overseas mortgage payments
- Paying for work to be completed overseas
- Paying for overseas medical expenses
- Paying for bills overseas
Benefits to Northern Credit Union Members
Convenient, 24/7 access
Members now have access to international money transfers through online banking, anytime they want, from any device.
Northern members’ money is protected with AES 256-bit encryption, through a FINTRAC-regulated entity. It also includes: integrated automated identity verification, anti-money laundering procedures, automated online checks, advanced anti-fraud safeguards and insurance coverage.
Guaranteed Transfer Amount
The amount sent is what is received direct from one bank account to another; no deductions (ever) on the transfer amount.
Access to live rates.
Account to Account settlement
Transfer is sent directly to the recipient’s account.
Next day settlement in North America; within two business days internationally.
The sender receives a notification when funds are settled into the recipient’s account.
Simple Online Registration
First-time set up is simple and includes integrated, automated identity verification and anti-money laundering procedures.
Our strategic partners provide support through chat, email and phone.
How do I make an international transfer?
Make a transfer in three simple steps:
- Compete your one-time registration through online banking to get started
- Add your recipient so we know where to send money to
- Book your international transfer
What is the maximum and minimum transfer amount?
Up to a maximum of 25,000 or as little as $10.
How do I keep track of my transfer?
Your transfer will appear in your transaction history in online banking in real-time, plus, you’ll receive an email notification when the transfer has left your account and when it arrives at the recipient’s account.
When can I make international transfers?
How long does the transfer take?
Quick next-day delivery in North America and up to two business days everywhere else.
How safe is my transfer?
Your transfer is protected with AES 256-bit encryption, automated identity verification, anti-money laundering procedures, automated online checks, advanced anti-fraud safeguards and insurance coverage - all through a FINTRAC-regulated entity.
What are the exchange rates?
With live pricing, you get the real exchange rate—every time.
What are the fees?
If the transfer is less than CAD $500, a $2.50 fee applies.
Standard bill payment fees apply.
How do I know how much the recipient will receive?
With our guaranteed transfer amount, what is sent is what is received—there are no deductions ever.
For more Q&A about sending and receiving International Transfers click here.