Many businesses must provide currency exchange services in Cape Breton, Nova Scotia. It's likely that you don't know where to find the best exchange rates for your CAD to USD conversion, though.
Why not consider RemitBee and discover why we are better than our competitors? Enjoy our competitive rates and free conversions
We Offer Competitive Rates
Before exchanging currency, check out our free CAD to USD currency converter to understand why we claim to have better rates than our competitors.
If any of the following apply to you, Remitbee online currency exchange may be a good fit:
You are working in Canada and get paid in US dollars:
It’s becoming more common to work for a U.S. company while living in Canada. If you’re a freelancer or contracted at an American company, you want to make sure you avoid unfair rates and fees when exchanging currency.
For context, you could be losing about $2,000 in currency exchange fees if you make 50k salary a year, and use currency exchange services through your bank.
For context, you could be losing about $2,000 in currency exchange fees if you make 50k salary a year, and use currency exchange services through your bank.
01
You buy US stocks:
If you’re interested in investing and buying US stocks in Canada, you need to check out other options when it comes to exchanging currency.
With Remitbee currency exchange, you can get the most out of your trading. Questrate, which is a popular option for those converting CAD to USD, charges 1.5-1.99%. However, Remitbee Currency Exchange charges you zero fees.
Once you start to invest in the thousands, you could be losing a ton of money just on fees alone! For example: Consider the following compared to Questrade fees:
- $1000 worth of US stocks: You could be losing about $40 CAD.
- $50,000 worth of US stocks: You could be losing about $2,000 CAD
02
You are paying tuition abroad as a Canadian or American paying tuition:
If you live in Canada as an American or the USA as a Canadian, you’ll need to exchange USD to CAD or vice versa in order to pay tuition. In Canada, the average tuition fees for international students was $32,019, as of 2020.
If you choose a more traditional method to exchange currency like your bank, you could potentially be losing out on about $1200 USD per year.
If you choose a more traditional method to exchange currency like your bank, you could potentially be losing out on about $1200 USD per year.
03
You purchase property in Canada or the USA:
If you are investing in properties across the border, or simply have a home in the other country, you’ll want to make sure you are losing out.
In 2020, the average house in Canada cost about 531,000 CAD. Using Remitbee currency exchange could allow you to save over $9,000 USD; much more than you would save from bank currency exchange services.
In 2020, the average house in Canada cost about 531,000 CAD. Using Remitbee currency exchange could allow you to save over $9,000 USD; much more than you would save from bank currency exchange services.
04
Why should you choose Remitbee for currency exchange in Cape Breton?
More Savings
Take advantage of our affordable rates and little to no fees to make some savings.
Up-to-Date Exchange Rates
RemitBee updates its currency exchange rates to stay current with market changes.
Risk-Free Transactions
100% of the funds you exchange or transfer are insured.
How to exchange currency in Cape Breton
Step 1. Register for a free RemitBee account or download our app.
Step 2. Please confirm your identity to protect your data.
Step 3. Select the USD/CAD currency pair and type in the desired amount.
Step 4. Connect your USD and CAD bank accounts.
Step 5. Verify the information, then complete the transaction. Your money will be converted immediately and deposited into your chosen account.
It gets even better: we offer money transfers in Canada to order 50 destinations!
If you need to transfer money, we’re your service! If you send more than $500 CAD, your transfer is free! Send to over 50 destinations, including the Philippines, Sri Lanka, India, and Pakistan. If you’re sending less than $500, we charge a small fee of $2.99 when using Interac, or $2.99-$6.99 when you use Debit. If you want to compare your options, check out our fee calculator.
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Frequently Asked Questions
Which Currencies Are Available to Exchange?
Currently, RemitBee exchanges USD/CAD and CAD/USD. In the future, more currency pairs will be accessible for your exchange requirements.
Are there other Currency Exchange services in Cape Breton?
Companies in Cape Breton that provide currency exchange services include Money Mart, TD Foreign Exchange Centre, and ICE-International Currency Exchange. RemitBee, on the other hand, is your best choice if you want better exchange rates and lower fees.
Are there any fees when exchanging currency?
There are no fees involved when exchanging currencies using RemitBee.