Tired of searching for the perfect CAD to USD currency exchange service? Look no further than Remitbee!
Compare our rates to other currency exchange methods in Kitchener
Although there are many different exchange services in Kitchener, many of them are not transparent with their rates. At Remitbee, we’re confident about our rates, and we encourage you to compare us with your favourite Kitchener bank to see how much you could be saving
We think it is unfair that some financial institutions are able to charge very high fees to customers who wish to foreign exchange.
You get paid in USD but you live in Canada:
For context, you could potentially be losing out on $2,000 as a 50k a year income earner if you continue using a traditional foreign exchange service, just from currency exchange fees!
You’re a Canadian who buys US stocks!
Whether you’re just getting into trading or have been trading for a long time, you’ll need to think about the best method of exchanging your profits.
Up until now, one of the best services for converting CAD to USD and vice versa was Questrade. Although they charge less than banks (1.5-1.99%), it still is a significant amount of money lost once you start investing in the thousands. However, Remitbee offers absolutely zero fees when you exchange currency!
You may not see your savings in the short term, but once you start investing more, making the switch to Remitbee makes a lot of sense!
You lose a lot of money with Questrade, for example:
- You could be losing $40 CAD profit when you buy $1000 worth of US stocks
- You could be losing $2,000 CAD when you buy$50,000 worth of US stocks
You’re a Canadian or an American who needs to pay tuition abroad:
With this in mind, you could potentially be losing around $1,200 USD each year just because you use a financial institution like your bank!
You buy property in Canada or the US
In 2020, the average home price in Canada was about $531,000 CAD, so you could be saving $9,000 USD if you switch to Remitbee Currency Exchange!
4 reasons why you should choose Remitbee as your currency exchange service:
Much better than your average bank
Although banks are very trusted, they often get away with charging your bad rates, because they know the average person won’t question it. In reality, the rate they offer you is much lower than the actual exchange rate!
Want to see for yourself? Just google “cad to usd” or “usd to cad” to see the real rate on any given day
No fees at all!
Not only do we have very competitive rates, but you also pay $0 when you exchange a minimum of $10 with us!
Canadian based company
As a Toronto foreign exchange service, we are regulated and audited by FINTRAC, an agency of Canada’s government. Have peace of mind knowing your money is protected.
Have any questions? Our customer support team loves helping
We feel your pain with unhelpful customer service representatives. At Remitbee, we’ve worked hard to make sure that if you run into any problems, our customer service team can swiftly solve your issue. We’ll let the positive customer service reviews on Trustpilot and Google prove how much we care about helping you.
Quickly convert Canadian dollars to US dollars using your phone or laptop
On top of that, we are also partnered with many top Canadian banks, so that you can exchange money with no hassle!
Kitchener also has many ATM and Canadian bank branches which also offer currency exchange services. However, we know banks often offer you higher rates and profit off of your hard-earned money.
That’s why making the switch to Remitbee is a great option if you’d like to save! With real exchange rates, low fees, and hassle-free exchanges, we try to make it as easy as possible for you to exchange.
Need to send money? Choose from over 50 destinations worldwide!
Remitbee has been recognized for its service by the Toronto Finance International as one of the top FinTech companies in the area in 2019! Not only do we have competitive rates, but also zero fees and fast transfer times compared to most banks.
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