With us, it’s easy for you to know how much you’ll earn when you use our CAD to USD calculator. We’re confident in our competitive exchange rates, which is why we’re fully transparent about them. Go ahead and compare our rates with other Montreal money exchanges. You’ll see that with us you’re getting the best exchange rates.
It’s unfair that many financial institutions continue charging such high fees when it comes to your foreign exchange needs, especially in such delicate times. We want to be different.
If you like to do a lot of research since you take advantage of US stocks, that may be why you’re on this page in the first place.
Now there’s a new opportunity to get the most out of your money. Before 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 can use Remitbee Currency Exchange which charges you zero fees.
If you’re only trading $100 in your lifetime, it may not be worth it to make the change—it’ll only save you $4 (about $2 each way)— but once you start investing thousands, you could be losing a great deal of money just on fees alone.
Consider the following compared to Questrade fees:
- $50,000 worth of US stocks: You could be losing about $2,000 CAD
-$50,000 worth of US stocks: You could be losing out on around 2,000 CAD profit.
Whether you’re purchasing property across the border because you’re a snowbird and want a place to go when winter comes around, or you want to profit from investing in properties on the other side, you’ll be facing a big decision. One of the most important things you’ll need to consider 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 own 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, money banks would otherwise take for themselves.
Banks have long gotten away with unjust rates because they know most people won’t question what they’re being offered. The exchange rate they offer is a lot lower than the actual exchange rate, but most people don’t know any better.
All it takes is a simple Google search to find the real exchange rate, the Canadian dollar rate today, or even CAD/USD rate forecasts. Just type “usd to cad” or “cad to usd”.
On top of very competitive rates, with Remitbee you can enjoy zero fees when you exchange a minimum of $10 between the two currencies.
As a Montreal foreign exchange service, we are happily regulated and audited by FINTRAC, an agency of Canada’s government. We want you to be at ease using our service, because your money is 100% protected.
The frustrating feeling of talking to a customer service representative that gives you generic and rehearsed replies? You won’t find it with us. We’ll let the positive customer service reviews on Trustpilot and Google do that talking in showing how much we care for our customers.
Yes, RemitBee also covers the following places near Montreal:
Quebec
Longueuil
Sherbrooke
Laval