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Funding 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 – DEUSTCHE BANK TRUST CO. AMERICA NEW YORK, USA
Beneficiary bank – PARAMOUNT BANK
Swift Code – PAUTKENA
A/C- 4419490

Beneficiary name:
Branch name:
Beneficiary account number
Ref (if any):


Click here
to view details of our current correspondent banks:-

More Funding Options....

Real Time Gross Settlement (RTGS)
This is a local account-to account transfer of money from one bank to another, within Kenya. It is a quick, easy and secure service.

Electronic funds transfer (EFT)
This is a local account-to account transfer of money from one bank to another, within Kenya. It is an easy and secure service.



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