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

New Fees for Visa Debit and Mastercard Debit

We understand that sometimes the best way to send money is in smaller amounts as you get paid and that your loved ones depend on fast transfers. In this case, funding your account via Visa Debit and Mastercard Debit is both fast and convenient, that’s why we’ve crushed the fees for them. We are now offering the LOWEST debit card fees in all of Canada.

By Remitbee - Sep 1, 2020