Get the best foreign exchange rates in Oshawa with Remitbee Online Currency Exchange!

Remitbee has dependably better exchange rates than most top banks. It’s time for you to get the most out of your money!

Remitbee Logo

We know you value transparency when it comes to money, so we’ve made that our top priority

We want to make sure you know exactly what you’ll get when you use our CAD to USD calculator. Our rates are very competitive, and we’re proud to offer you fast exchange times and low fees! Feel free to compare our rates with other foreign exchange services in Oshawa so you can make sure that you’re getting the best rates possible.

We strive to provide affordable, simple, and accessible services to all, and believe it’s unfair that many financial institutions can offer such unfair fees, especially in uncertain economic times.

CE_images_20_76712a9a42
Why do you need to convert USD and CAD? Here are a few common reasons why and how Remitbee can help:

You work for an American employer and get paid in USD as a Canadian resident:

There are many Canadians who are currently employed by American companies, which means that there is an increasing number of people in various industries who need to exchange CAD and USD.

If someone made 50k a year in salary, they could be losing around $2,000 in just currency exchange fees if they use the currency exchange service provided by their bank.

01

You buy US stocks as a Canadian:

Taking advantage of US stocks can be great for making a profit, but if you want to make the most of your money, doing research on which currency exchange service you’re going to use is particularly important.

For a long time, the most competitive and cost-effective option to exchange USD and CAD has been using Questrade, which charges 1.5-1.99% both ways. Although Questrade’s fees are much better than banks, which charge about 2.5%, there is now an even better option! Remitbee Currency Exchange charges zero fees.

If you’re only trading a small amount of money, Remitbee will only save you about $4, however, you’ll start to see your savings when you start investing in the thousands.

Here’s how much you could be losing with Questrade:
- $1000 worth of US stocks: Could be losing about 40 CAD profit.
- $50,000 worth of US stocks: Could be losing 2,000 CAD profit.

02

You’re Canadian or American and need to pay tuition abroad:

If you’re a Canadian in the USA or an American in Canada studying in a post-secondary institution, you’ll need to convert between USD and CAD or vice versa. Since Canada’s average international tuition fees were $32,019 CAD in 2020-2021, you want to make sure you aren’t losing out.

To put this in perspective, you could potentially be losing about $1200 USD per year just because you exchange currency with a traditional institution like your bank!

03

You’re planning to purchase property across the border:

It’s becoming more popular to purchase property on either side of the border to make a profit or have a place to go to further south to escape the cold winters. Either way, one of the most important factors to take into account is how much profit you’re losing from your currency exchange service.

Since the average home price in Canada is $531,000 CAD, you could be saving over $9,000 USD when you switch to Remitbee! We’ll help you avoid unfair rates.

04

Here’s why Remitbee Online Currency Exchange should be your top choice:

10x better than other currency exchange services

Unfortunately, banks have been able to offer bad rates, because they know that the average customer won’t question what they are given. In reality, the rate they offer you is significantly lower than the real exchange rate! If you want to see the real rate, just Google “usd to cad” or “cad to usd”. We’ll offer the most competitive rates possible.

You pay nothing!

You read that correctly; when you make an exchange of a minimum of $10 between two currencies, you get to enjoy zero fees!

Remitbee is Canadian and proud!

We’re based out of Toronto, and happy to provide great currency exchange services to our neighbours. We’re also regulated and audited by FINTRAC, which is an agency of the Government of Canada! That way, you know your money is safe and secure.

Have any questions for us? We’re always here to help

We understand the frustration of customer service teams who just don’t seem to answer your questions. This can be incredibly worrisome, especially when dealing with your finances. We’ve made it a priority to always provide you with excellent customer service. Take a look at our awesome reviews on Trustpilot and Google to see just how much we care about our customers!

We know you’re busy. Convert anytime, anywhere, with the Remitbee mobile app!

Convenience and reliability are key, especially in this day in age. That’s why we created the Remitbee mobile app, which removed the need to wait in line with slow exchange times! Convert from the comfort of your own home or while you’re out and about! Just download our app from the Google Play or Apple Store to get started. Worried about security? We use impenetrable data encryption so your money is always safe and secure. We are also partnered with nearly all Canadian banks, which adds an extra level of financial protection!

assorted_bills

Exchanging with Remitbee is easy! Here’s how it works:

Step 1. Create your free account by clicking here.

Step 2. You will need to verify your identity so we know it’s you!

Step 3. To start the exchange process, you’ll need to enter the amount you’d like to exchange, and the currency pair

Step 4. Connect the bank account in Canada you’d like to pay with or move money into

Step 5. Connect the bank account in the US you’d like to pay with or move money into

Step 6. Once you confirm your exchange, we will automatically exchange and deposit it!

More on Remitbee Currency Exchange in Oshawa

There are very few currency exchange options in Oshawa. However, there are currency exchange services in Oshawa such as Continental Currency Exchange, as well as Cash Money, which is located just outside of the Oshawa Shopping Centre. These are located in a very central area, which makes it accessible for residents of Oshawa to exchange money, as well as those coming in and out of the city.

There are many Canadian bank branches with locations in Oshawa, such as TD, RBC, Scotiabank, and BMO, that are located around the city in plazas, malls, and along King Street West. These banks have in-person as well as ATM services for all of your currency exchange needs.

However, we know that banks often unfairly profit off of their customers, especially when it comes to foreign exchange needs. Try Remitbee today, for fast, easy and fair exchange rates!

https://prodmtes.blob.core.windows.net/strapi/uploads/CE_images_19_9f760643a4.png

That’s not all: We also offer money transfer services!

If you’re in need of a money transfer service, Remitbee has got you covered! When you send over $500, you pay nothing! Pick from our 50 destinations, including Pakistan, Sri Lanka, and India. Sending less than $500? No worries! You can still enjoy low fees of $2.99 using Interac or $2.99-$6.99 using debit. If you’d like to compare your options, check out 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!

assorted_flags