Searching for the best currency exchange service in Quebec City? Remitbee has got you covered.

Avoid unfair bank fees by using Remitbee, and get the best CAD to USD rates!

Compare our rates to other exchange services in Quebec City

Transparency is important to us, so we want to make sure you get the best rates possible! It’s easy for you to see how much you’ll save with Remitbee because we have no hidden fees. Many financial institutions charge very high fees when you try to exchange currency, but we want to make it as affordable as possible for you to exchange!

Why exchange with Remitbee? If you can relate to any of these, we might be the service for you

You get paid in USD but are a Canadian resident:

There are many people who work as an employee in the US while still living in Canada. A lot of these are freelancers or contractors, and won’t want to lose out on their hard-earned money because of unfair exchange rates.

If someone makes 50k salary a year and uses an exchange service like their bank to exchange, they could be potentially losing out on $2,000. With Remitbee, you can avoid these unfair fees and lose out on less to exchange fees.

You purchase US stocks as a Canadian:

We assume that if you’re taking advantage of US stocks, you probably like to do a lot of research. Something you may not have considered, however, is how much you can lose in exchange fees when buying US stock and converting currency.

The most competitive and well-regarded option for a long time has been Questrade, which allows you to exchange currency with fees of 1.5-1.99%. However, with Remitbee, you pay nothing, which is now the best option on the market.

Now, if you only plan to trade a small amount of money in your life, it may not be worth it for you to make the switch and start using Remitbee (It’ll only save you about $4). However, once you start sending larger sums of money, you’ll really start to see your savings.

For example, let’s look at Questade fees:
- $1000 worth of US stocks: You could be losing out on about $40 CAD profit.
- $50,000 worth of US stocks: You could be losing out on about $2,000 CAD profit.

You’re a student paying tuition abroad:

Whether you’re a Canadian in the USA or an American in Canada, you’ll need to think about the best option to convert your currency to pay for your education. Since the average international tuition is $32,019 CAD as of 2021, you want to make sure you’re not losing out.

For example, you could be losing around $1200 USD per year just because you chose a financial institution like your bank to convert currency.

You purchase property in the USA or Canada:

Buying property across the border can be an excellent way to profit from investing in property, or buy a place to go to escape from the winter! Regardless of your reason, you have a big decision to make when it comes to deciding how you will convert your money.

By know, we know that banks often profit off of our hard-earned money with their high rates. Since the average home price in Canada is 531,000 CAD, you could be saving over $9,000 USD when you use Remitbee instead of traditional financial institutions.

Why should you choose Remtibee when exchanging currency in Quebec City?

We beat out the average bank

Many people aren’t aware that the rates banks give out are normally much lower than the real daily rate of that currency.

It only takes a simple google search of usd to cad or cad to usd to see what the real rate is, and make sure you aren’t being unfairly charged.

Absolutely zero fees

When you exchange currency with Remitbee, you can enjoy zero fees when you exchange a minimum of $10 between a currency pair!

Based in Canada and run by Immigrants

We are regulated and audited by FINTRAC, which is a government agency. You can have peace of mind to know that your money is protected and secure!

Have questions for us? We’d be happy to answer them!

It’s so frustrating to deal with poor customer service, especially around something as important as your finances. We’ve worked hard to make sure that our customer service team answers any questions you have swiftly and effectively, to your make your experience with Remitbee even better. If you’re curious to see what our customers have to say, check out our reviews on Trustpilot and Google!

Convert CAD and USD easily using our mobile app!

As a 100% online business, there’s no need to wait in long lines! You can exchange money from anywhere in Quebec City, 24/7. Just download the Remitbee app from the Google Play or Apple store, and you can start exchanging instantly. Because our service is a fully online currency exchange platform using impenetrable data encryption, it’s fast and secure.

Remitbee is also partnered with all major Canadian banks, so you can conveniently use our service for all of your foreign exchange needs.

Exchange currency in Quebec City easily:

Step 1.

Create a Remitbee account: Create an account by clicking here.

Step 2.

Verify your identity: We’ll need to verify it’s you to keep your account safe!

Step 3.

Start exchanging money: Enter the amount you’d like to exchange, as well as the currency pair!

Step 4.

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

Step 5.

Connect your American bank account: Connect the bank account you’d like to deposit your USD into or pay USD with.

Step 6.

Confirm your exchange: The amount you confirmed to be exchanged will be automatically exchanged and deposited.

More on currency exchange in Quebec City

There are many local currency exchange services in Quebec City which are located in many areas. For example, there is the Devises étrangères Québec, as well as the ICE International Currency Exchange. There are also many ATMs located around the city, as well as major Canadian bank branches which can also assist in foreign exchange needs.

Although there are many different currency exchange options in Quebec City, you need to watch out for unfair fees that could make you lose out on your money! Remtibee is both affordable, hassle-free, and 100% online, so you don’t have to worry about finding an ATM or bank branch to exchange your money. Just download our app and you can exchange anywhere, anytime!

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We also offer money transfer services to over 50 destinations!

You can send money from Canada to over 50 destinations abroad, including Pakistan, India, and the Philippines. Enjoy zero fees when you send over $500 to a destination of your choice! Sending less than $500? Our fees are very low, and range between $2.99-$6.99, depending on which payment method you select. Compare your options for sending using our fee calculator!

Remitbee has been recognized for its hard work by the Toronto Finance International in 2019 and was listed as one of the top FinTech companies in the region. Our exchange rates are very competitive, and we beat out most banks when it comes to fees and transfer times!

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faqTitle

What is Remitbee Currency Exchange and how can I use its USD/CAD currency converter?

Remitbee currency exchange allows you to deposit money into your US account and exchange it for Canadian dollars quickly and easily, and vice versa!

What are the advantages to using Remitbee for US currency exchange?

All transactions are done online at one of the best exchange rates available. Signup and sending is easy. Sending can be done on the mobile app or on the website on the go. Remitbee currency exchange gives better rates and deals than Canadian banks, including TD Bank currency exchange, Scotiabank currency exchange, and Royal Bank / RBC currency exchange.

Is using Remitbee for currency exchange secure?

Transfers are done using a high level of security and your details are kept secure with Remitbee technology. The money exchanged is taken from your bank account and deposited back into your bank account, quickly and securely.

Are there any fees to exchange money?

Remitbee allows you to exchange money with ZERO fees.

Which currencies are available to exchange?

At the moment Remitbee exchanges USD/CAD and CAD/USD. In the future more currency pairs will be available for your exchange needs.

How is the mid-market exchange rate and consumer exchange rate different and what does this mean for my currency exchange?

Mid-market exchange rate is basically the real exchange rate between two currencies. It’s what financial institutions, like your bank, use to trade with other financial institutions. Unfortunately, these rates are often only reserved for transfers dealing with a ton of money— more money than the average person would ever deal with. The consumer exchange rate is the rate you’re most likely used to dealing with. The consumer exchange rate is a combination of the market exchange rate plus whatever amount the financial institution (in most cases, your bank) charges in order to make a profit. It’s best practice to use the mid-market exchange rate as a benchmark when you’re looking for the best rates. The closer the exchange rate is to the market exchange rate, the better. Remitbee offers a competitive rate that is transparent and you always know up front how much you will get.

Is there a limit on how much I can exchange?

Yes, Remitbee has a daily limit on how much you can send. The amount of money you can send daily and monthly depends on your verification level with Remitbee. If you are verified you can exchange up to $50,000 per day.

Is it true that Remitbee offers better currency exchange rates than all Canadian banks?

Unlike banks, Remitbee specialises in currency exchange and is able to offer it at a lower cost. Big banks take advantage of the knowledge that most people don’t know there are other options for international transfers. So they continue to charge higher rates than other services because for many years consumers have not known better. Banks disguise their high exchange rates with complicated fee structures which leave consumers naive about how much money they’re losing. Remitbee is on a mission to keep our fees and exchange rate transparent so that you can transfer money internationally, while feeling safe that you’re truly getting the best exchange rate. With us, you’ll always know how much you pay, and how much you get. Sign up now to start saving today.