DIASPORA BANKING

MONEY TRANSFER OPTIONS

Money Transfer Options:- Account Based

After your Diaspora E-Account has been activated, make an opening deposit into your new account through;-

SWIFT / Telegraphic Transfer

SWIFT/Telegraphic transfer (TT) is away of transferring money overseas through most banks, It offers a highly secure money transfer service between local and international bank accounts, providing the speed and accuracy desired by the customer.

CHAPS

CHAPS Sterling is a same-day automated payment system for processing sterling payments made within the UK.

How to process a Swift/Chaps Transfer

Transfer of funds to an account in Paramount bank depends on the currency the sender intends to transfer since we have different correspondent banks for different currencies. Kindly identify the currency being sent then choose the right correspondent bank for that currency. e.g. if you are sending funds in USD, then you should give the following instructions to your bank

Correspondent bank – Crown Agents Bank UK

SWIFT: CRASGB2L

Beneficiary bank – PARAMOUNT BANK

Swift Code – PAUTKENA

Click here to view details of our current correspondent banks.

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