Looking to exchange CAD to USD? Get the best currency exchange rates in Missisauga

Get the most out of your money with dependably exchange rates than top banks

Remitbee Logo

Compare our transparent rates to other Mississauga currency exchange services

We make it easy for you to know how much you’ll get when you use our CAD to USD calculator. We’re fully transparent about this because we’re confident in our competitive exchange rates. Go ahead and compare our rates with other Toronto money exchanges so you can ensure you’re getting the best exchange rates.

We believe it’s unfair that certain financial institutions continue charging such high fees when it comes to your foreign exchange needs, especially in such delicate times.

Need to send money between Canada and the USA? Remitbee online money exchange is the perfect solution if any of the following apply to you:

You’re in Canada but get paid in US dollars.

It’s becoming increasingly common to work for a U.S. employer while living in Canada. Whether you’re contracted by a U.S employer or freelance for one, you don’t want to lose hard-earned money as a result of unfair exchange rates and fees.

To help put this in context, if you make a 50k salary per year, you could be losing about $2,000 in currency exchange fees if you choose to continue using some of the more traditional foreign exchange providers like your bank.


You buy US stocks from Canada

We’re going to go ahead and make an assumption that you like to do a lot of research since you take advantage of US stocks. And it’s probably why you’re on this page in the first place.

Now you have a new opportunity to get the most out of your profits. Until now, a competitive option included converting your CAD to USD and vice versa using Questrade, which charges 1.5-1.99% both ways (which at least is better than banks, which charge about 2.5%). But now you have the option to use Remitbee Currency Exchange which charges you zero fees.


You’re a Canadian or an American paying tuition abroad:

Whether you’re a Canadian in the USA or an American in Canada, you need to convert between USD and CAD to pay tuition. Consider Canada's average tuition fees for international students during 2020-2021, which was 32,019 CAD.

You could be losing about $1200 USD per year for no reason at all besides for choosing a traditional institution like your bank. (according to March 4, 2021’s exchange rate when you convert USD to CAD)


You purchase property on either side of the border:

Whether you’re purchasing across the border because you’re a snowbird and want a place to go when winter is coming, or you want to profit from investing in properties on the other side, you have a big decision to make. One of the most important decisions you’ll make is deciding how to make sure a third party doesn’t profit too much off your purchase.

Don’t let traditional institutions profit off your hard-earned money with their unfair rates. The average home price in Canada was about 531,000 CAD in 2020. By using Remitbee Currency exchange for this purchase, you could be saving over $9,000 USD compared to top banks.


Why choose Remitbee for your currency exchange?

10x better than the average bank

Banks have gotten away with bad rates because they know most people will not question the exchange rates they’re being offered. The exchange rate they offer you is a lot lower than the real exchange rate, but most people don’t know any better.

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.

Amazing customer service

There’s nothing more frustrating than feeling like you’re talking to a customer service representative that gives you generic and rehearsed replies. We’ll let the positive customer service reviews on Trustpilot and Google prove how much we care for our customers.

Absolutely no fees

On top of very competitive rates, you get to enjoy zero fees when you exchange a minimum of only $10 between the two currencies

Quickly convert Canadian dollars to US dollars using your phone or laptop

No need to wait in long lines. Sit down in the comfort of your own home and use either our website or our Android/ iPhone app. Because our service is a fully online currency exchange platform using impenetrable data encryption, it’s fast and secure. We also partner with all major Canadian banks so that you can reliably and conveniently send your money with no headaches.


How to exchange currency in Mississauga in 6 easy steps:

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. Get your free account. Sign up with Remitbee by clicking here

Step 2. Verify your identity. To keep your identity safe, we need to verify it’s you.

Step 3. Start your exchange. Enter the amount and currency pair you want to exchange.

Step 4. Connect your Canadian bank account. Connect the bank account that you want to deposit your CAD into or pay CAD with.

Step 5. Connect your US bank account. Connect the bank account you want to deposit your USD into or pay USD with.

Step 6. Confirm your exchange. Note that the money will be exchanged automatically and then deposited.

More about currency exchange in Mississauga

Mississauga is a city in the Canadian province of Ontario. It is situated on the shores of Lake Ontario in the Regional Municipality of Peel, bordering Toronto to the east. With a population of 721,599 as of the 2016 census, Mississauga is the sixth-most populous municipality in Canada, third-most in Ontario, and second-most in the Greater Toronto Area.


We also offer the best money transfers in Canada to over 50 destinations.

Enjoy zero fees when you send over $500 to more than 50 destinations, including Pakistan, India, and Sri Lanka. Sending less than $500? You still get to enjoy very low fees of $2.99 using Interac or $2.99-$6.99 using debit. Check out our fee calculator for yourself to compare with other options. In 2019, Remitbee was recognized by Toronto Finance International as one of the top FinTech companies in the area. Besides the fact that we have zero fees for sending over $500, and low fees under $500, we offer very competitive exchange rates. Banks may advertise zero fees, but remember, sometimes those fees are just hidden within their marked up exchange rates.