Money Transfer

5 Reasons to Switch to Online Money Transfer in 2021

In 2020, a significant increase in workers from home has been observed due to global circumstances. 88 percent of the worldwide enterprises are predicted to have adapted to a certain sort of virtual paradigm and “remote” is a term of the year. Suddenly, a lot of individuals and businesses adapt themselves to remote activities and some companies have a lasting transition.

By Remitbee - Jun 24, 2021

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

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

Interac e-Transfer and Sending Money Abroad

While Interac e-Transfers are typically used in Canada, users can send money abroad by paying a fee to money transfers via the Interac e-Transfer system.

By Remitbee - May 7, 2020

Becoming One Of The Leading FinTech Companies In Toronto: The Journey Of Remitbee

This became our vision; we pictured a world where people could send their money and support their families with a click or tap of a button, using an ordinary smartphone. No bank queues, no extortionate fees, and no complicated processes.

By Remitbee - Jan 15, 2020

8 Reasons Why You Should Choose Remitbee Over Other Money Transfer Companies

Not to brag, but we really do think we’re the best way to send money to Sri Lanka, India, The Philippines, the Moon...

By Remitbee - Jun 14, 2019

What Is Spot Rate And How Is It Calculated?

“That has something to do with exchange rates, right?” It’s not the first time we’ve heard this at Remitbee Online Money Transfer. The spot rate is essential to understanding exchange rates and online remittances… but it’s not the most interesting thing to read about.

By Remitbee - Apr 3, 2019