Our exchange fee: 0.00 CAD
Transparency is one of our top priorities! We strive to make sure that you know exactly how much you’ll get when you use our exchange service, as we try to give you the most competitive rates in Stratford possible!
We think it’s unfair that some financial institutions charge high fees for currency exchange services, so we want to work to offer you a more affordable option!
Working for an American employer as a Canadian has become a more popular occurrence. You don’t want to lose out on your hard-earned money by paying unfair bank fees!
For example, if you make 50k a year, you could potentially be losing around $2,000 in currency exchange fees if you use a currency exchange service at your bank.
Stock trading and investing is a priority for many people around the world, and taking advantage of US stocks can be very beneficial.
If you’re in the investing space, you’ve most likely heard of Questrade! This service charges about 1.5-1.99% for converting CAD to USD. Although this fee is at least better than what many banks charge for currency exchange, Remitbee charges you $0.
You might not see the benefits right away, but as soon as you start investing in the thousands, you’ll begin to see how much you saved from avoiding unfair currency exchange fees!
For example, look at the following compared to Questrade fees:
- $1000 worth of US stocks: That’s about $40 CAD you could be losing
- $50,000 worth of US stocks: That’s about 2,000 CAD you could be losing
Going to school, let alone studying in a foreign nation, is not cheap. Aside from paying your tuition, lodging, food, and bills, the money they receive is deducted when converted. Many overseas students in Canada are experiencing this pain.
According to research from the year 2020, an international student studying in Canada spends about $32,019 per year. Traditional forex providers and banks' currency exchange services have the disadvantage of being quite expensive. For example, international students spend about USD 1,200 on currency conversion services!
But don't be concerned! In moments like these, RemitBee is always there to help. Many clients who have used our services have saved a lot of money on their home purchases. You can also save! With RemitBee, you may save up to USD 9,000 on every CAD 531 000 residential property you purchase.</span>} number="04" />
Many people don’t question the exchange rate they’ve given at a bank, which has allowed banks to get away with unfair rates and offering you lower than the real exchange rate. To find the real exchange rate, simple google, ‘USD to CAD’ or vice versa.
Enjoy zero fees when you exchange a minimum of $10 between a currency pair!
We are regulated and audited by FINTRAC, a government agency. Because we’re an online company, security is a #1 priority, and we make sure your money is protected.
Our service is almost always smooth and swift, but in case anything goes wrong, we’re here to help! Check out our positive reviews on Trustpilot and Google to see how much we care about our customers!
Send from anywhere in Stratford! Whether you’re at home or on the go, the Remitbee App allows you to currency exchange wherever you are! Our online currency platform uses top-notch encryption to make sure that your money is safe!
We are also partnered with all major banks in Canada so that you can conveniently and swiftly send your money!
Step 1. Create your free account: click here to sign up!
Step 2. Verify your identity: To keep you safe, we need to verify it’s you.
Step 3. Start your exchange: Enter the amount and currency pair you want to exchange.
Step 4. Connect your Canadian bank account: Make sure to connect the bank account you’d like to deposit your money into!
Step 5. Connect your US bank account: Connect the bank account you’d like to deposit your money into!
Step 6. Confirm your exchange: Your money will be exchanged automatically and deposited.
In Stratford City, many Canadian bank branches and ATMs provide currency exchange services. CIBC , Scotiabank, TD Canada Trust Branch, and RBC Royal Bank, to name a few.
you’re looking for the best currency exchange in North Stratford, there are many options! In the heart of North Stratford, there are many currency exchange services such as Salamat Financial Services, Monex1 Money, and Best Value Currency.
Although the ones stated are good, nothing in Stratford compares to what RemitBee offers. Using our platform has numerous advantages. It is not only easily accessible, but it is also secure, user-friendly, and quick. Remitbee ensures that you receive your money's worth!
When you send transfers over $500, you send for free! We have a long list of recipient countries including Pakistan, India, and Sri Lanka. If you’re sending less than $500, 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 recognized as one of the top FinTech companies in the area by Toronto Finance International in 2019! Aside from our fast sending times and low fees, we also have very competitive exchange rates!