Your main goal is to convert USD to CAD at the best possible rates. But where can you find such prices if you're in Mount Pearl, Newfoundland?
RemitBee is the best when it comes to currency exchange. We not only offer you the best exchange rates, but we also don't charge you any fees for currency exchange.
Enjoy Our Competitive Rates:
Visit our free, online CAD to USD currency converter if you want more convincing. Even before you make the exchange, you can view our rates.
If any of the following apply to you, Remitbee online currency exchange may be a good fit:
You are working in Canada and get paid in US dollars:
It’s becoming more common to work for a U.S. company while living in Canada. If you’re a freelancer or contracted at an American company, you want to make sure you avoid unfair rates and fees when exchanging currency.
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.
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.
01
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
02
You are paying tuition abroad as a Canadian or American paying tuition:
If you live in Canada as an American or the USA as a Canadian, you’ll need to exchange USD to CAD or vice versa in order to pay tuition. In Canada, the average tuition fees for international students was $32,019, as of 2020.
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.
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.
03
You purchase property in Canada or the USA:
If you are investing in properties across the border, or simply have a home in the other country, you’ll want to make sure you are losing out.
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.
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.
04
Why should you choose Remitbee for currency exchange in Mount Pearl?
Easy-to-use App
Our app is highly functional, with a user-friendly interface.
No Conversion Fees
We don’t charge fees for currency exchange conversion.
Short Conversion Periods
You won’t have to wait long for the currency exchange, a maximum of two days.
How to exchange currency in Mount Pearl
Step 1. Download our app or create a free RemitBee account.
Step 2. To help us protect your data, click the verification window when it displays.
Step 3. Add the amount you wish to exchange.
Step 4. Connect your bank account in USD or CAD.
Step 5. Your account will be swiftly exchanged for cash and deposited after you verify the information.
It gets even better: we offer money transfers in Canada to order 50 destinations!
If you need to transfer money, we’re your service! If you send more than $500 CAD, your transfer is free! Send to over 50 destinations, including the Philippines, Sri Lanka, India, and Pakistan. If you’re sending less than $500, we charge a small fee of $2.99 when using Interac, or $2.99-$6.99 when you use Debit. If you want to compare your options, check out our fee calculator.
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Frequently Asked Questions
Which Currencies Are Available to Exchange?
Currently, RemitBee exchanges USD/CAD and CAD/USD. In the future, more currency pairs will be accessible for your exchange requirements.
Is Using RemitBee for Currency Exchange Secure?
Remitbee technology protects the privacy of your information while facilitating secure transfers. The exchanged monies are quickly and securely withdrawn from your bank account and deposited back into it.
Is there a limit on how much I can exchange?
Yes, Remitbee has a daily sending cap. Remitbee's daily and monthly exchange limits rely on your verification level. Once verified, you can have a personal daily exchange limit of $250,000.
Are there other Currency Exchange services in Mount Pearl?
Institutions like Scotiabank and Knightsbridge Foreign Exchange in Mount Pearl offer currency exchange services. However, RemitBee is the best option to provide you with better exchange rates and lower fees.