Gig Economy & Taxes

This year the world has reached a new understanding of how important it is to have the ability to work remotely and having access to the technology that makes operating independently possible. More and more individuals have been gearing towards self-employment, stimulating the economy on a per-project basis.

By Remitbee - Nov 27, 2020

History of Money Transfers

The evolution of how society completes transactions has accelerated rapidly over the last 3000 years. Moving from the Hawala System, to coin and paper currency, to telegraphs, credit cards, and online money transfers—there has been continuous transitions as government structures and financial institutions adapt to the needs of consumers.

By Remitbee - Nov 27, 2020

CAD to NZD Daily Overview: November 27th

The New Zealand Dollar is trading against the Canadian Dollar at an exchange rate of 0.91 this morning down -0.01%. The open rate today is the same as the pair’s previous close of 0.9119 with a YTD return of 4.23%.

By Remitbee - Nov 27, 2020

CAD to AUD Daily Overview: November 26th

The Canadian Dollar is trading at 1.04 against the Australian Dollar, up 0.06% this morning. The open rate is sitting at 1.0440 and the pair has a previous close at 1.0438. The daily range is expected to stay between 1.0434 and 1.0456, the 52-week range will fluctuate between 1.03 and 1.23.

By Remitbee - Nov 26, 2020

Understanding International Bank Codes: BIC (SWIFT) & IBAN

The Society for Worldwide Interbank Financial Telecommunication or SWIFT code is a standard format for Bank Identification Codes (BIC) that are used to identify banks and financial institutions across the globe.

By Remitbee - Nov 24, 2020

How to Renew your Social Insurance Number (SIN)

A Social Insurance Number, or SIN is a nine-digit number that is necessary in order to work in Canada or to have access to government programs and benefits. There are no fees tied to a SIN application but the process to register or renew a SIN can be complicated without some guidance.

By Remitbee - Nov 25, 2020

CAD to JPY Daily Overview: November 25th

The Canadian Dollar is trading at 80.23 against the Japanese Yen this morning, down -0.14%. The pair’s daily range is between 80.18 and 80.48, the 52-week range will settle between 73.81 and 84.74 with a YTD return of -3.78%.

By Remitbee - Nov 25, 2020

CAD to LKR Daily Overview: November 24th

The Canadian Dollar has an exchange rate of 142.28 against the Sri Lankan Rupee this morning, up 0.47%. The pair’s YTD return is 2.09% with an open rate of 141.64 and a previous close at 141.61. The day range of CAD/LKR will stay between 141.64 and 142.69, the 52-week range will fluctuate between 127.22 and 143.09.

By Remitbee - Nov 24, 2020

Compare Money Transfer Rates: Which Service is Right for You?

Deciding which money transfer service or currency exchange to use can be a daunting task since there are many different options available today. Whether you’re worried about security, best exchange rates, or fast transfer times, this guide will help you be informed about which money transfer service or currency exchange is best for you.

By Remitbee - Nov 23, 2020

The Benefits of a Multi-Currency Bank Account

This is when a multi-currency bank account can provide many benefits for individuals and businesses. Convenience and versatility are only a few of the reasons why these accounts have gained traction over the last year.

By Remitbee - Nov 23, 2020

GBP to CAD Daily Overview: November 23rd

The British Pound is trading at 1.74 against the Canadian Dollar as this week begins, up 0.30% with a YTD return of 1.34%. The open rate sits at 1.73 compared to the previous close of 1.74. The pair has a daily range between 1.73 and 1.74 and a 52-week range which is forecasted to settle between 1.65 and 1.80.

By Remitbee - Nov 23, 2020

CAD to INR to USD Daily Overview: November 20th

The Canadian Dollar is trading at 56.77 against the Indian Rupee this morning up 0.23%. The US Dollar has an exchange rate of 74.14 at this week’s end, down -0.17%. With an open rate of 14.13 and a previous close of 74.27 with a YTD return of 3.88%. The pair’s daily range will sit between 74.08 and 74.20 and has a 52-week range of 70.52 and 76.91.

By Remitbee - Nov 20, 2020

Five Things You Need to Know About Express Entry to Canada for Filipinos

Canada lands the second spot in the list of top ten countries where Filipinos migrate permanently. The immigration process can be intimidating so here are a few things you need to know about Express Entry for applicants from the Philippines.

By Remitbee - Nov 19, 2020

USD to CNY Daily Overview: November 19th

The US Dollar is trading at 6.58 against the Chinese Yuan today up 0.0237 (0.36%). The open rate sits at 6.5623 with a previous close of 6.5606 with a YTD return of -5.39%. The pair’s daily range is between 6.56 and 6.59 with a 52-week range fluctuating between 6.54 and 7.17.

By Remitbee - Nov 19, 2020

Canadian Immigration Forecast 2021

The coronavirus pandemic along with a whirlwind of political turbulence has left Canada in a vulnerable position economically with a decrease of immigrants, permanent residence, and refugees entering the country over 2020 and likely to spill over into next year.

By Remitbee - Nov 18, 2020