Want to exchange CAD for USD? Get the best Mission Currency Exchange rates
Currency Exchange In Mission
You’ll enjoy sweet savings since Remitbee doesn’t have hidden fees, while their beat-the-bank exchange rates give you ten times more value than other brokers and local banks in Mission.
You are working in Canada and get paid in US dollars:
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 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:
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.
What Remitbee Currency Exchange in Mission Offers
If you want more than foreign currency exchange in Mission, Remitbee is your best bet. Here are the other services
- Stock trading
With this currency broker, you can exchange currency to buy CAD or USD stocks ahead of time to earn a profit. Maximize your potential earnings by avoiding low rates offered by other brokerages and mainstream banks.
For instance, if you intend to use $10,000 to buy American stock, Remitbee offers a fantastic rate between 1.2648 and 1.2345 and you’ll save up to $200 to go towards more stock. - Working remotely
Most people living in Mission and working for US companies get paid in USD; as such, they have an advantage when they exchange their earrings with Remitbee.
Unlike Banks that charge up to 4% to convert USD to CAD, you can save $2,000 each year on a salary of USD 250,000 if you use Remitbee services as they charge low rates compared to banks.
You could use such earnings to go for that vacation you’ve been wanting or pay our bills and expenses. - Purchase of property
If you’re planning to buy property in Mission, exchange rates offered by banks and foreign currency brokers can add up. And as little as .007 differences in the exchange rate can earn you significant savings.
Take, for instance, you intend to use your savings in USD to buy a home in Mission. If you put 20 per cent as your initial down payment, you could save up to CAD 8,000. Sounds impressive, right? - A student abroad
Suppose you’re a Canadian student learning in the US or a foreign student studying in Mission. With Remitbee low exchange, you will save significantly huge amounts, which means you’ll have extra money to pay for your meals and good study materials.
Let’s look at it in detail, with a small 0.0386 difference in the exchange rate you can save around USD 1235.
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.
You can exchange up to 250K daily for individuals and 1 million for corporate accounts.
What You Need To Know About Remitee In Mission
Currency Exchange Near You
