The best currency exchange rates are hard to come by, especially with so many different financial institutions seemingly all offering them. But who truly offers their users real, superior rates? The unfortunate reality is that many don’t.
Remitbee stands apart in the fintech industry as a provider for great, competitive exchange rates and absolutely transparent services. With us it’s easy for you to understand how much you’ll save using our service, you can just use our CAD to USD calculator.
We believe trumped-up exchange rates and unfair fees rob users of their hard-earned money, and our transparency stems from that desire to show users exactly what they get when they decide to use Remitbee Currency Exchange.
We’re 100% candid about our exchange rates and we’re 100% against giving fees, so we don’t.
American employees living in Canada can still get their paychecks in USD, and this applies whether they're a freelancer or a full-timer. And no matter when you get that paycheck or how much it is, other currency converters will want a cut of it.
For example, if you’re earning a 50k salary every year, $2,000 could potentially be taken from you through currency exchange fees from foreign exchange converters like banks or exchange shops.
Some of the biggest single IPO deals by size and market gain in 2020 happened in American companies like Warner Music Group (WMG), Rocket Companies (RKT), Snowflake (SNOW), and Unity Software (U). So it’s no wonder that many Canadian investors are staking claims in U.S. stocks.
What you don’t want is for those investments to decrease just from converting currencies. Questrade, for example, will take 1.5 to 1.99 percent of your profits both ways while converting CAD to USD. That’s 40 CAD lost for $1,000 worth of U.S. stocks and 2,000 CAD lost for $50,000 worth.
But that’s still better than banks, which would take around 2.5 percent of your money while converting!
You can say goodbye to those profit losses when you switch to Remitbee Currency exchange because we have absolutely zero fees.
Tuition is only getting steeper and steeper these days, so no student wants to pay any more than they absolutely have to. That is especially the case for international students, who on average paid 32,019 CAD last year for tuition at Canadian universities. That’s a lot out of pocket, even more so when 1,200 USD is lost per year for no reason besides choosing a bank as a converter instead of a better alternative (according to March 4, 2021’s exchange rate when you convert USD to CAD or convert CAD to USD).
With us, our international currency exchange is that better alternative. No fees and great rates, so students can get back to pursuing their dreams instead of worrying about conversions.
Everyone knows that cold does no favors for the bones, even more so when those bones themselves are dreaming of warmer climates. If you’re a snowbird looking to purchase or rent a property across the border but you have a Canadian bank account, you’re gonna have to rely on a currency converter. Same with if you’re just looking to purchase some property for it’s value. You’ll need to consider market conditions, timing, your finances, and who else may profit off of your currency.
Don’t let banks or other exchange services profit off your own money with their terrible rates. By using Remitbee Currency exchange for your property purchase, you could save thousands of dollars!
Banks have gotten away with poor rates for a long time. They get away with it primarily because they know most people will not question the exchange rates they’re being offered. But all it takes on your end is to run a Google search to find the real exchange rate, the Canadian dollar rate today, or CAD/USD rate forecasts. Even simply typing “usd to cad” or “cad to usd” will get you informed results.
Remitbee has committed to never offering any fees for currency exchanges over $10. No ifs, buts, conditions, or loopholes about it!
As a Kelowna foreign exchange service, we are regulated and audited by FINTRAC, the national financial intelligence agency of Canada. This means that we hold higher standards of practice, safety, and integrity than potential competitors over the border, because we want our users to always have peace of mind that their money is protected.
Remitbee’s customer service team are stellar professionals that have received numerous outstanding reviews on Trustpilot and Google. They’re here to answer any questions you may have about Remitbee Currency Exchange, so never hesitate to give them a call!
Using our app on your phone or our web portal on your computer, Remitbee’s online currency exchange service eliminates the need to wait in long lines or commute across the city. All you need is a stable internet connection! Additionally, all our services are fully integrated and encrypted online, making them impenetrable to hackers and safe and secure for users.
We’re also connected with all major banks in Canada, so that you can always reliably and conveniently send your money or use our money converter service.
Step 1. Join the family: Create your free Remitbee account here. Then, verify your identity through one of our many accessible identification procedures.
Step 2. Set up your exchange: Input your converting amount and money pair you want to change it into.
Step 3. Connect a Canadian bank account: Connect the bank account with CAD currency that you’d like to use to deposit your CAD into or pay CAD with.
Step 4. Connect a United States bank account: Connect the bank account with USD currency that you’d like to use to deposit your USD into or pay USD with.
Step 5. Confirm: Confirm all information and data is correct and proceed with your exchange! Your money should immediately convert and deposit into your chosen account
There are multiple ATMs within the Kelowna International Airport, but you’ll find the nearest International Currency Exchange (ICE) branch in the Orchard Park Shopping Centre. The FIRMA Foreign Exchange Corporation is located on 1638 Pandosy St, and the Olympia Trust Company is on Harvey Avenue.
But the best exchange rates in Kelowna for CAD and USD can be found through Remitbee. In 2019, the Toronto Finance International recognized Remitbee as one of the top FinTech companies in the area, and we’ve continued to spread that excellence in every area in Canada we operate in.
Choose the best currency exchange in Kelowna.
Have you heard of Remitbee’s online money transfer service? It’s an easy and affordable way to enjoy zero fees when you send over $500 to our connected countries, or low fees of $2.99 using Interac or $2.99-$6.99 using debit for transfers less than $500. Interested in seeing our different payment options? Check out our fee calculator!