Money Transfer

History of Money: The Canadian Dollar

Most people are somewhat familiar with the Canadian dollar. After all, it is one of the ten most traded currencies around the globe as of 2021. Far fewer people are familiar with the long and diverse history associated with the CAD though, so let’s take a deep dive into currency in Canada and learn more about this piece of history.

By Remitbee - Apr 6, 2021

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

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