Want to exchange CAD for USD? Get the best Kamloops Currency Exchange rates

You work hard, so make sure to get the most out of your money at better rates than top banks. If you’re looking for the best places to exchange currency in Kamloops, try Remitbee!

Currency Exchange In Kamloops

If you're traveling to Kamloops, currency exchange might be a concern. However, this is easier than you think; when you land at Kamloops airport you don’t have to look for the classic forex exchange bureaus. With Remitbee you can exchange your currency seamlessly on your smartphone and without exorbitant fees or waiting time.

Remitbee is transparent, and you get to know exactly how much you'll get through their exchange service; plus, they offer the most competitive rates in Kamloops.

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.

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

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.

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.

Why choose Remitbee FX in Kamloops

Security

The FX broker is regulated by FINTRAC and has a separate account at major Canadian financial institutions.

Convenience

Remitee offers same-day delivery of funds to your desired destination.

Transparency

As you already know, with Remitbee, you'll get a written confirmation of the agreed Forex exchange rate before you send your funds.

No transaction fees

Any time you exchange a minimum of $10 between a currency pair, you enjoy zero fees!

Customer service

Remitbee understands that fast, efficient, and friendly service makes a difference. As such, their customer service is pretty smooth and swift.

Competitive exchange rates

Remitbee rates beat the bank's exchange rate. It can save you hundreds to thousands of dollars. Indeed, they normally call the banks daily to ensure their exchange rates are way better.

Currency Exchange Counters in Kamloops

If you're probably looking for a reliable currency exchange in Kamloops, you’ll likely encounter independent Forex brokers, franchises, and banks available at various terminals.

As you know, mainstream banks take up more market share than other FX providers. Unfortunately, they charge high rates, often by as much as 3%. You'll incur a significant exchange loss as you exchange huge amounts of currency.

With Remitbee you can exchange your currencies at zero fees. Even better, the process is even quicker and conveniently available 24/7.

Beyond that, Remitbee will exchange your money using a transfer method that offers you the best currency exchange in Kamloops.

How To Exchange Currency In Kamloops

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.

Step 1. Open your free account

Step 2. Ensure you verify your identity.

Step 3. Start your exchange key with the amount and currency you intend to exchange.

Step 4. Connect your Canadian bank account you'd like to deposit your money into!

Step 5. Connect your US bank account you'd like to deposit your money into!

Step 6. Confirm your exchange, and your money is automatically exchanged and deposited.

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. Remitbee has been recognized as one of the top FinTech companies in the area by Kamloops Finance in 2019! We offer very competitive rates, low fees, and fast transfer times that make us a great choice when you need to send or exchange money.

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