iRemitX vs. RemitBee
Sending Money Home? Here’s How iRemitX and RemitBee Compare, So You Can Choose the Best Service for Your Loved Ones
Intro
Comparing RemitBee and iremitX: Which Service is Right for You?
When it comes to sending money abroad, choosing the right transfer service can make all the difference. Two prominent players in the market, RemitBee and iRemitX, offer a range of features designed to make international money transfers fast, secure, and easy. But which one is the best choice for you? In this comparison, we’ll break down the key differences between RemitBee and iRemitX, so you can find the service that fits your needs, whether it's competitive exchange rates, fast delivery, or reliable customer support.
Background
RemitBee was one of the first digital money transfer services in Canada, founded in 2015 and is now considered one of Canada’s top options. Some of its major transfer destinations include the Philippines, India, and Sri Lanka. It was created by immigrants in Canada for immigrants in Canada and everyone who works for the company has been in similar shoes to their customers. They are currently located in Ontario.
iRemitX is proud of being a Filipino-owned remittance service provider. Its parent company started operations in 2001 and became iRemitX in 2018 when it started doing digital remittances.
iRemit was founded in the Philippines and its primary location is at Pasig City, Philippines. They have three branches in Canada, including Toronto, Calgary, and Richmond.
Sending $1000 CAD to Philippines
To give you a better idea how exchange rates and fees work together, let’s compare how much money (in PHP) the receiver will get when you send $1,000 CAD with each of the two services. (As of April 1, 2025)
Exchange rates
Exchange rates fluctuate daily. Always be sure to check the exchange rate you’re being offered with the mid-market exchange rate for the specific currency pair. A simple google search will help you with this. For example, if you’re looking for the real exchange rate of 1 CAD to PHP, just type the following query into Google: “CAD to PHP” 1.00 CAD → 41.70. PHP
As of April 2025, the real exchange rate is 1.00 CAD → 40.58 PHP.
Now let’s compare the two as of April 25, 2025:
iRemitx exchange rate for CAD/PHP
1.00 CAD → 40.67 PHP
RemitBee’s exchange rate for CAD/PHP is
According to these numbers, RemitBee is slightly closer to the mid-market exchange rate.
Exchange rate comparison
Exchange Rates & Fees
Remitbee has a better exchange rate and has overall lower fees and higher transfer limits. If you want to transfer very low amounts, iRemitx may be competitive. However, if you want to transfer more, Remitbee wins.
Fees
According to their website, iRemitX fees depend on the country that you are sending from and the mode in which you want the money received by your beneficiary.
Make sure to complete any transaction you begin by the end of the day because your rate will only be guaranteed until 23:59:59 (your timezone) on the same day that you confirm your transaction.
Their rates for the following are not listed because it apparently depends on varying factors: Interac E-transfer, Bills payment.
RemitBee also has a handy fee calculator that’s super easy to use. You simply drag the button to show how much you are planning to transfer, and it tells you how much the fees will be for each of the following methods: Wallet, Interac, debit.
Two things are noteworthy about RemitBee’s fees:
Transparency
iRemitX mentions that fees vary by a few factors and to use a cost estimator, but does not provide a link to that cost estimator. It’s also very hard to find the cost estimator, if they still have it visible to the public.
They don’t list their fees, as a result. You have to get in touch with a representative to learn more about a few things.
One thing to note is that iRemitX is on the Philippine Stock Exchange and because of this, they’re forced to be transparent about a lot of things like financials.
Remitbee prides itself on its transparency and is very transparent about their business model. They don’t have any hidden fees and don’t highly markup their exchange rates in the way banks are known to do. Everything you need to know is on their website.
Ease of use
iRemitX offers a simple, user-friendly platform that makes sending money quick and easy. With an intuitive interface, you can easily enter recipient details, choose payment methods, and track transfers in real time. Whether you're using a mobile device or desktop, iRemitX ensures a smooth and hassle-free experience for all users.
Remitbee offers many easy to follow guides on how to use the service. Getting authenticated and sending repeat transfers is a very straightforward and smooth process.
It also offers biometric authentication for your security and convenience making repeat logins fast and easy.
Remitbee’s ease of use is backed by many positive reviews commenting on this specific factor.
Customer reviews
iRemitX
RemitBee
Features and functionality
Online bank transfer option in Canada
Variety of pickup options
Refer & earn program
iRemit Visa
RemitBee
Biometric authentication
Free transfers when you send over $500 using Remitbee wallet
Refer & earn program
Good ratings on both major app stores (Apple and Google Play)
Variety of pickup options
Live exchange rates on app
Live transaction tracking
Send up to $9,000 per transaction
Encrypted payment security
Direct partnerships with major banks and payment processors
Instant SMS transaction alerts
Payment methods
iRemitX supports several payment methods, including:
RemitBee’s payment methods include:
Credibility and security
iRemitX is regulated by Bangko Sentral ng Pilipinas (the central bank in the Philippines) and the Securities and Exchange Commission (SEC). They are also the only remittance company listed on The Philippine Stock Exchange.
Their parent company has been around since 2001 meaning they’ve been in the money transfer business for a long time. They started as an in-person service and in 2018 started offering digital options.
Remitbee is regulated and audited by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Your personal details and transaction records are protected by SHA-256 RSA encryption for dependable privacy and security.
Remitbee’s credibility is backed by thousands of happy customers and all the good reviews online. On top of that, they work with all the major Canadian banks including Scotiabank, CIBC, and Bank of Montreal (BMO).
Customer support
There are mixed reviews online regarding iRemitX’s customer support. Though they boast of 24/7 customer service, a few people have commented that they’ve not been able to get in touch.
If you want to get in touch, their email address is [email protected] and their 24/7 customer service number is (+63) 917 822 2205. They also have call center locations in Alberta, Manitoba, BC, Ontario, Blacktown, Perth, Singapore, UK.
One of RemitBee’s super strong points is their customer support. Something noteworthy about their customer support is that they back it up with a 100% Money Back Guarantee (including any fees paid) as a commitment to their customers. Call 1-647-689-2323 during customer service hours (10 am - 8 pm EST)
RemitBee also maintains good reviews on Google, Google Play, the Apple app store, and Trust Pilot.
If you want to get in touch with RemitBee, you can do so in the following ways:
Promotions
Putting it all together
If you’re ready to get started with a reliable and quick way to send money to your loved ones, the team at Remitbee has created a simple guide on how to get started with Remitbee.Disclaimer: All third-party trademarks (including logos) referenced by Remitbee Inc. in this article remain the property of their respective owners. Unless specifically identified as such, Remitbee's use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between Remitbee and the owners of these trademarks. Any reference by Remitbee to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law. Furthermore, we are not responsible for any inaccuracies identified in the article's content, and that information can be verified by contacting the respective third parties directly mentioned in the article.