Spruce Grove, Alberta, is home to several currency exchange businesses. However, it might be challenging to identify one that offers the best rates on the market.
When you consider RemitBee for the best rates and low fees, we can spare you all that trouble.
Best Currency Conversion Rates:
You can first use our free online CAD to USD currency converter to confirm the amount you’ll receive after the exchange. After that, you can proceed with our free and easy registration.
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 Spruce Grove?
No Conversion Fees
Unlike banks and other currency exchange providers, we don't charge you for currency exchange transactions.
Top-Level Secure Transactions
Our top-notch industry technology protects your money and data online and offline.
Easy-to-use App
Our app has a simple interface and is very functional.
How to exchange currency in Spruce Grove
Step 1. Download our app or create a free RemitBee account.
Step 2. Verify your identity to protect your data.
Step 3. Input the amount you want to convert and choose USD/CAD.
Step 4. Connect your bank account in USD and CAD.
Step 5. Verify the details, then carry out the transaction. Your funds will convert and deposit into the account of your choice right away.
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
How Do I Cancel A Transaction?
When you want to cancel a transaction, go to the Transaction History tab and click on the cancel button. If the button is not active, your transaction is already successful.
Which Currencies Are Available to Exchange?
RemitBee exchanges USD/CAD and CAD/USD at the moment. More currency pairs will be available in the future to meet your exchange needs.
Are there other Currency Exchange services in Spruce Grove?
A few businesses in Spruce Grove provide currency exchange services, including Money Mart, ICE-International Currency Exchange, and Calforex Currency Exchange. RemitBee is the best choice if you want better exchange rates and lower fees.
How Do I Contact RemitBee’s Customer Support?
If you require assistance, get in touch with us via the online chat tool accessible in the bottom right corner of every website page. [email protected] and 1-647-689-2323 are the ways to reach us.