At Remitbee, it’s our mission to make it easy for you to know just how much money you’ll save when you use our CAD to USD calculator. Our full transparency about this comes from our absolute confidence in our competitive exchange rates. Want to see for yourself? Please search up and compare our rates with other Calgary money exchanges. You’ll see that with us, the best exchange rates are guaranteed.
We have always believed that it’s unfair how certain financial institutions and banks continue to charge high fees when it comes to people’s foreign exchange needs. We were founded to disrupt that system.
If you’ve researched enough to know that there’s a decent advantage in buying US stocks, odds are you’ve researched other currency methods as well. Maybe that’s even why you’re reading this right now!
With us, you can have a new opportunity to get the best out of your invested profits. Before now, the “competitive option” for currency exchange meant converting your CAD to USD and vice versa using services like Questrade, which charges 1.5-1.99% both ways (better at least than banks, which ate up about 2.5%). But now, you can use Remitbee Currency Exchange and receive zero fees at all.
Small time trading of only $100 in your lifetime may not warrant the switch—it’ll only save you roughly 4 dollars — but the moment you begin investing in the thousands, your losses from just fees begin to exponentially steepen.
Here are some Questrade fees you should consider:
- US stocks worth $1000: That’s a potential loss of 40 CAD in profit.
- US stocks worth $50,000: Losses grow to around 2,000 CAD.
Banks and bad rates have gone hand in hand for years because most people don’t question the exchange rates they offer.Make sure to do your due-diligence. A simple Google search will show you all the real exchange rates, or the Canadian dollar rate today, or even CAD/USD rate forecasts. All you need to do is type “usd to cad” or “cad to usd”.
Exchange a minimum of $10 between CAD and USD currencies and you’ll never see a single fee from us, we promise.
We are a foreign exchange service operating in both Calgary and greater Canada. We are as such regulated and audited by FINTRAC, the national financial intelligence agency of Canada. Which means you won’t have to worry about foreign loopholes that expose your money or information. With us, it’s all safe and secure.
Ever experienced the frustration of talking to a customer service representative that gives you generic and rehearsed replies, ultimately not helping you at all? We have. That’s why “generic” doesn’t exist in our customer support team’s dictionary. Peek the stellar reviews on Trustpilot and Google to see proof!
With Remitbee you need to pass different tiers of verification to be able to send higher amounts of money. To increase your sending limits you will need to provide your personal information and upload certain documents.