Do you need to convert CAD to USD? In Oakville, get the best currency exchange rates.

Get the most out of your money with exchange rates that are consistently better than those offered by major banks.

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Compare our rates to those offered by other Oakville currency exchange companies

When you use our CAD to USD calculator, we make it simple to figure out how much you’ll get. Because we’re confident in our competitive exchange rates, we’re completely transparent about it. Compare our rates to those offered by other Oakville money exchanges to ensure you’re getting the best deal.

We believe it is unjust that certain financial institutions continue to charge such high fees for your foreign exchange needs, particularly in these difficult times.

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Do you need to send money from Canada to the United States? If any of the following apply to you, Remitbee online money exchange is the ideal solution:

Although you live in Canada, you are paid in US dollars:

Working for a U.S. company while living in Canada is becoming more widespread. You don’t want to lose hard-earned money due to unfair exchange rates and fees, whether you’re employed by a U.S. company or freelance for one.

To put this into perspective, if you earn $50,000 per year, you might be losing $2,000 in currency exchange fees if you continue to use traditional foreign exchange suppliers such as your bank.

01

You buy US stocks from Canada:

Since you buy US stocks, we’re going to assume you want to do a lot of research. It’s most likely why you’ve come to this website in the first place.

You now have a new chance to maximize your earnings. Until now, converting your CAD to USD and vice-versa with Questrade, which charges 1.5-1.99 percent both ways, was a competitive choice (which at least is better than banks, which charge about 2.5 percent). However, you now have the option of using Remitbee Currency Exchange, which has no fees.

If you only plan to trade $100 in your lifetime, it may not be worth it to switch - you’ll save $4 (roughly $2 each way) - but once you start investing in the thousands, you could be losing a lot of money just on fees.

Consider the following compared to Questrade fees:
- A $1000 investment in US stocks: It’s possible that you’re missing out on about 40 CAD in earnings.
- Stocks worth $50,000 in the United States: That’s about 2,000 CAD you might be squandering.

02

If you’re a Canadian or an American paying tuition in another country, here’s what you need to know:

To pay tuition, whether you’re a Canadian in the United States or an American in Canada, you’ll need to convert between USD and CAD. Consider the average international student tuition fees in Canada from 2020 to 2021, which was 32,019 CAD.

You could be losing around $1200 USD per year for no reason other than the fact that you chose a traditional institution such as your bank (according to the exchange rate on March 4, 2021 when converting USD to CAD).

03

You can buy real estate on either side of the border:

Whether you’re buying across the border as a snowbird looking for a place to stay when the cold weather arrives, or you’re looking to profit from investing in properties on the other side, you’ll have to make a big decision. One of the most crucial decisions you’ll have to make is how to ensure that a third party does not profit excessively from your purchase.

Don’t let traditional institutions take advantage of your hard-earned money by charging you exorbitant interest rates. In 2020, the average house price in Canada was around 531,000 CAD. When compared to top banks, using Remitbee Currency Exchange for this purchase will save you over $9,000 USD.

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Why should you use Remitbee to exchange currencies?

Better than the average bank by a factor of ten

Banks have been able to get away with poor exchange rates because they know that most people will not question the rates they are given. The exchange rate they give you is significantly lower than the real rate, but most people are unaware of this.

The actual exchange rate can be found with a quick Google search. Simply type “usd to cad” or “cad to usd” into the search box.

There are no hidden costs

You get zero fees when you exchange a minimum of $10 between the two currencies, in addition to very competitive rates.

A company based in Canada

FINTRAC, a government of Canada agency, regulates and audits us as a Toronto foreign exchange service. Have peace of mind knowing that your funds are safe.

Do you have any inquiries? Our customer service team enjoys assisting customers.

Nothing is more aggravating than speaking with a customer service representative who gives you generic and rehearsed replies. We’ll let the positive Trustpilot and Google customer service reviews speak for themselves about how much we care for our clients.

Using your phone or laptop, quickly convert Canadian dollars to US dollars.

There’s no need to stand in long queues. Sit back and use our website or our Android/iPhone app from the comfort of your own home. Our service is fast and secure because it is a fully online currency exchange platform with impenetrable data encryption.

We also work with all major Canadian banks to ensure that you can send money with confidence and convenience.

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In six simple steps, learn how to exchange currencies in Oakville:

Step 1. Register for a free account: Register for a free account by clicking here.

Step 2. Verify your identity: In order to protect your identity, we need to make sure it’s you.

Step 3. Begin your exchange: Enter the amount to be exchanged as well as the and currency pair.

Step 4. Connect your Canadian bank account: Select the bank account into which you want to deposit or pay CAD.

Step 5. Connect your US bank account: Select the bank account from which you want to deposit or withdraw USD.

Step 6. Confirm your exchange: Keep in mind that the money will be automatically exchanged and then deposited.

More about currency exchange in Oakville

Oakville is a suburban town 30 kilometres outside of Toronto. It has been rated as one of the top five places to live in Canada, though the area also makes for a great holiday destination. Recorded with a population of 193,832 from the 2016 census, it is Ontario’s largest town and one of the most densely populated areas of Canada. There could be several reasons for currency exchange in this area so here are more options for you:

Cash Money
320 Speers Rd Oakville, ON, L6K 3R9

Knightsbridge Foreign Exchange Inc (Online)
https://www.knightsbridgefx.com/online-currency-converter-and-calculator/

Currency Mart (Online)
https://currencymart.net/

Whatever you choose, Remitbee is just here for you. The best place to exchange currency is right in your own home.

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We also provide the most cost-effective money transfers in Canada to more than 50 destinations.

When you send $500 or more to more than 50 countries, including Pakistan, India and Sri Lanka, there are no fees. Do you have less than $500 to send? You can also get low fees of $2.99 if you use Interac or $2.99-$6.99 if you use debit. Compare our fees to other alternatives by using our fee calculator.

Remitbee has been praised for its money exchange services by the Toronto Finance International in 2019 as one of the top FinTech companies in the area! Not only do we offer very competitive rates, but we also offer very fast transfer times, which make us stand apart from other companies. We’re fully transparent about our fees, and give you all the information you need to know upfront!

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