How to Exchange Currency Online

By Remitbee - Jan 27, 2021

Anyone who has traveled to a new country has exchanged currency at least once, but for some people, it’s a common practice. For those who need to exchange money often, factors like fees, exchange rates, and simplicity become increasingly important.

Remitbee Online Currency Exchange offers Canadians the best way to exchange money online.

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What is Remitbee Online Currency Exchange?

Remitbee online Currency exchange

allows customers to convert currencies between their bank accounts easily via their phone or laptop.

Currently, the online currency exchange is only to available Canadian residents, who need to convert their CAD to USD and vice versa. More currency pairs will be added in 2021.

Why should I exchange currency online?

It’s fast and convenient- You don’t have to leave your couch!

Remitbee’s online currency exchange service is available 24/7. With our online money exchange, you are no longer bound to the store hours and don’t have to commute with large amounts of cash. Convert currency anywhere anytime!

You will save money - It’s cheap!

Normally, banks charge their customers high fees and offer low exchange rates for them to be able to move their money between their accounts. This can result in banking customers losing 5% of their initial transfer. Remitbee charges fractions of what big banks charge, just .005% to .01% of the transfer, and offer high exchange rates. x

Transparency - You’ll always know what’s going on with your cash.

Unlike banks and other currency exchange services, what you see is what you get! There are no hidden fees, and you are able to see instant quotes whenever you need to convert currency.

How do I exchange money online?

Exchanging currency online with Remitbee is easy!

Step 1. Sign up for Remitbee and verify your account

Step 2. Select the currencies and the amount of money you would like to exchange

Step 4. Connect your Canadian bank accounts

Step 5.Confirm details and exchange your money!

It will take 2 business days to see your newly converted funds in your account.

Who is online currency exchange for?

As mentioned before, Remitbee online currency exchange is currently available to anyone with Canadian bank accounts. More currency pairs will be added in 2021.

The exchange may be especially useful for:

  • Those living in Canada but earn USD
  • “Snowbirds” people who spend their summers in Canada but Winters in The States
  • Individuals who prefer to hold their money in certain currencies to hold its value
  • Those who go on extended trips to Canada or the USA
  • Business owners who operate in the USA and Canada
  • Investors who buy stocks in both currencies

Conclusion

We all know that every cent matters! If you find yourself constantly needing both CAD and USD, then using Remitbee Online Currency exchange is an easy choice. Get the most out of your money with high exchange rates and extremely low fees.

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