Without a doubt, you will love RemitBee’s currency exchange rates, unlike the rates banks and other currency exchange centers offer you: low rates and high fees. You may even use RemitBee’s CAD to USD calculator when you trade currencies for you to compare how our rates are way better than other Gatineau money exchanges.
Now more than ever, everyone wants to get the most out of their hard-earned money. We support you on this one too! That is why, instead of copying the unfair practices of financial institutions that charge you expensive fees for low currency exchange rates, we are proud to stand out as different from them.
It is a smart move to diversify your stock investments. That is why smart investors add US stocks to their investment portfolios. If you are interested in placing a portion of your investment money into US blue-chip stocks, there’s a new way you can do that without spending much on high currency exchange fees.
You might be familiar with Questrade. This platform converts your CAD to USD vice versa for a fee of 1.5% to 1.99% both ways. Some people think this rate is reasonable since banks charge 2.5%. But you should know that when you convert currencies with RemitBee, you won’t be required to pay fees!
You will see the huge impact of availing RemitBee’s Currency Exchange service when you start investing in dollars. Banks and other currency exchange centers will give you low rates in exchange for high fees, which is a waste of your money.
If you exchange currency using Questrade, here’s how much you lose because of the fees they impose:
- When you invest $1,000 worth of US stocks, you may lose around $40 CAD.
- When you invest in $50,000 worth of US stocks, you may lose up to $2,000 CAD!
The low currency rates banks give you are far from the actual exchange rate on the market. By providing you low rates, these traditional financial institutions earn a lot. To know the accurate and up-to-date exchange rate, you may search on Google “USD to CAD” or vice versa.
RemitBee won’t charge you anything when you exchange a minimum of $10 between two currencies.
As a Gatineau foreign exchange service, RemitBee is regulated and audited by FINTRAC, a Canadian government agency. Thus, you can trust that when you avail of our services, your data and money are 100% protected.
RemitBee’s customer service representatives are extremely helpful, and they won’t give you rehearsed, generic replies. Instead, they will help you the best way they can. You may also check out our five-star reviews provided by our customers on Trustpilot and Google.