The ability to do your banking comes in all shapes and sizes...
What is hyperWALLET™?
hyperWALLET™ enables you to make private and secure online money transfers using cash transferred directly from your Credit Union account. You can use hyperWALLET™ to email money to recipients around North America, or transfer funds to bank accounts in numerous other countries worldwide. hyperWALLET™ also enables you to send and recieve payments to/from other hyperWALLET™ users, convert funds using their foreign exchange tool, or transfer funds to PayPal™ accounts.
hyperWALLET™ Features
Add Cash - Transfer Canadian funds from your credit union account to yourhyperWALLET™
CashOut - Transfer funds between financial institutions
BeamCash - Send and receive funds using email
Foreign Exchange - Support both CAD and USD
PayPal™ Connector - transfer funds from hyperWALLET™ to a PayPal™ account
Bulk BEAM - issue payments to multiple recipients in Canada and the USA at one time
How to sign up for a WALLET
You must use MemberDirect online banking to sign up for this feature. If you are not a MemberDirect online banking user come in and see us we'll get you started today!
- Go to www.river-citycu.com
- Log in to your MemberDirect online banking account
- Click [Accounts]
- Click [hyperWALLET account]
- Click [Create a hyperWALLET Account]
- Complete the signup form
- Submit your request
View our hyperWALLET™ brochure
TRANSACTION FEES
| Transaction | Credit Union Fee | hyperWALLET™ Fee* |
|
Add cash from own credit union |
Bill payment fee | No fee |
| Add cash from other FI | Bill payment fee | No fee |
| BeamCash | No fee | $.25 (sender**) |
| BeamCash | No fee | $1.00 If you pay for the recipeint ($.25 and $.75) |
| CashOut to own credit union account | No fee | No fee |
| CashOut to another credit union | No fee | $.50 (sender**) |
| Cashout to another FI | No fee | $.75 (sender**) |
| Foreign Exchange | No fee | No fee |
| PayPal Connector | No fee | $1.00 USD (sender**) |
| Webcheque Payment | No fee | 2.9%or $5.00 max (recipeint**) |
| Invoice Payment | No fee | No fee |
| Remittance payment | No fee | $1.00 sliding scale (sender**) |
*Fees are charged from within the WALLET at transaction time. There must be sufficient funds to cover the transaction and the fee. **Fees are assessed to the party indicated.
TRANSACTION LIMITS
| Add Cash | CashOut | BeamCash |
| $1,000 CAD - Daily | $5,000 CAD - Daily | $3,000 CAD - per Beam |
| $2,000 CAD - Weekly | $3,500 USD - Daily | $2,500 USD - per Beam |
| $5,000 CAD - Monthly |
TRANSACTION PROCESSING TIMES
| TRANSACTION TYPE | PROCESSING TIME |
| Add cash from own credit union | 1 - 2 business days |
| Add cash from other FI | 1 business day |
| BeamCash (send/receive) | Instant |
| *CashOut to Canadian CU/bank account | 1 - 2 business days |
| *CashOut to US CU/bank account | 3 - 5 business days |
| Foreign Exchange | Instant |
| PayPal Connector (send/receive) | 1 business day |
| Webcheque/Invoices (send/receive) | Instant |