CAD to USD currency exchange near me? Stop right there! We’ve got the best currency exchange rates in Montreal

Get the most out of your money with consistently better exchange rates than those of top banks.

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Other Montreal currency exchange services can’t compare

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.

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Sending money between Canada and the USA? Remitbee online money exchange is the perfect solution if:

You’re Canadian but get paid in US dollars:

More and more, it’s becoming 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, your hard-earned money shouldn’t be lost as a result of unfair exchange rates and fees.

For example, if you make 50k per year, you could be losing around $2,000 in currency exchange fees if you continue using traditional foreign exchange providers like your bank.

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You buy US stocks from Canada:

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.

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

Whether you’re a Canadian in the United States 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 staggering 32,019 CAD.

You could be losing about $1,200 USD per year for no reason at all, besides choosing a traditional institution like your bank (according to March 4, 2021’s exchange rate when you convert USD to CAD or convert CAD to USD). With us, international currency exchange is a breeze.

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You purchase property on either side of the border:

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.

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Why Remitbee for your currency exchange?

10x better than the average bank

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”.

Absolutely no fees

On top of very competitive rates, with Remitbee you can enjoy zero fees when you exchange a minimum of $10 between the two currencies.

Canada-based company

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.

Got questions? Our customer support team has answers

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.

Convert Canadian dollars to US dollars on any device

Say goodbye to waiting in long lines. You can sit down in the comfort of your own home and use our service through either our website or our Android/iPhone app. Impenetrable data encryption makes our online currency exchange service fast and secure without a single worry.

We also partner with all major Canadian banks so that you can reliably and conveniently send your money or use our money converter service with ease.

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Exchange currency in Montreal in just 5 steps:

Step 1. Create a free account and confirm it’s you: Create an account by clicking here. To keep your identity and information safe, we need to verify it’s really you.

Step 2. Begin the exchange: Enter the amount you want to convert and the currency pair you want to exchange it into.

Step 3. Connect your Canadian bank account: Connect the account that you’d like to deposit your CAD into or pay CAD with.

Step 4. Add your US bank account: Add the bank account to deposit your USD into or pay USD with.

Step 5. Confirm your exchange: Please note that your money will be exchanged automatically and promptly deposited.

More about the best currency exchanges in Montreal

Within Montreal, you may find a variety of ways to exchange your currency. For example, within the Montréal-Pierre Elliott Trudeau International Airport (also known as Montréal–Dorval International Airport), you can find a service center for the International Currency Exchange (ICE). There’s also a currency exchange service within the World Trade Center Montreal.

Further into Montreal, you’ll be able to see many smaller shops and tellers spread out through the touristic city. There’s the Universal Currency Exchange on Saint-Antoine Rue W, the Globex 2000, Yap Exchange, and the Calforex Currency Exchange, to name a few. There are also other online currency exchange services that you’ll easily have access to, but Remitbee’s rates, fees, and services are all top-notch, and we hope you’ll consider us!

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

Enjoy absolutely 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. We are proud of the fact that we have zero fees for sending over $500, and low fees under $500, and we also offer very competitive exchange rates. Remember that while banks may advertise zero fees, sometimes those fees are just hidden within their marked up exchange rates!

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