Are you looking to exchange CAD to USD? Try Remitbee for the best currency exchange service in Thunder Bay!
With our best rates and fastest transactions, you can save your hard-earned money!
Compare our rates to other currency exchange services in Thunder Bay
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 Thunder Bay 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!
Do any of these apply to you? If they do, Remitbee currency exchange might be a good option for you:
You get paid in USD but you live in Canada:
You get paid in USD, but you live in Canada:
Though you live in Canada, you may be employed by an American company. If this is true for you, don’t allow a huge chunk of your salary to go to high bank fees when you exchange USD to CAD.
Are you aware that if you earn around $50,000 per year, you could lose about $2,000 when you decide to avail of currency exchange services in your bank?
Though you live in Canada, you may be employed by an American company. If this is true for you, don’t allow a huge chunk of your salary to go to high bank fees when you exchange USD to CAD.
Are you aware that if you earn around $50,000 per year, you could lose about $2,000 when you decide to avail of currency exchange services in your bank?
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You buy US stocks from Canada:
You buy US stocks from Canada:
It is good to invest in US stocks. You can invest a portion of your money to US stock’s blue chips to diversify your investment portfolio when you do this.
If you are a seasoned stocks investor, you must be familiar with Questrade. Are you aware that this platform charges you 1.5% to 1.99% when you use it to exchange CAD to USD. This may initially sound like a good offer, but do you want to know what’s better? Exchanging CAD to USD with RemitBee is free!
You will see how much you will save when you avoid the unfair currency exchange fees when you start investing in dollars!
See yourself in this scenario: Let’s say you plan on using Questrade to exchange currencies. Here’s the fee you will be required to pay:
When you exchange $1,000 worth of US stocks, you may lose about $40 CAD.
When you invest in $50,000 worth of US stocks, you may lose up to $2,000 CAD!
It is good to invest in US stocks. You can invest a portion of your money to US stock’s blue chips to diversify your investment portfolio when you do this.
If you are a seasoned stocks investor, you must be familiar with Questrade. Are you aware that this platform charges you 1.5% to 1.99% when you use it to exchange CAD to USD. This may initially sound like a good offer, but do you want to know what’s better? Exchanging CAD to USD with RemitBee is free!
You will see how much you will save when you avoid the unfair currency exchange fees when you start investing in dollars!
See yourself in this scenario: Let’s say you plan on using Questrade to exchange currencies. Here’s the fee you will be required to pay:
When you exchange $1,000 worth of US stocks, you may lose about $40 CAD.
When you invest in $50,000 worth of US stocks, you may lose up to $2,000 CAD!
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You’re paying tuition abroad as a Canadian or American
You’re paying tuition abroad as a Canadian or American:
Canada has one of the best educational systems in the world. That’s why there are also plenty of international students in the country. Are you one of them? If so, you might be required to convert CAD to USD to finance your tuition fee and other educational costs. Admittedly, studying in Canada can be pricey, especially for international students. They need to pay around $32,019, based on the 2020 data.
When you exchange currencies using banks and other currency exchange providers, you may spend up to $1,200 USD yearly.
Canada has one of the best educational systems in the world. That’s why there are also plenty of international students in the country. Are you one of them? If so, you might be required to convert CAD to USD to finance your tuition fee and other educational costs. Admittedly, studying in Canada can be pricey, especially for international students. They need to pay around $32,019, based on the 2020 data.
When you exchange currencies using banks and other currency exchange providers, you may spend up to $1,200 USD yearly.
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You purchase property in the USA or Canada:
You purchase property in the USA or Canada:
Are you a snowbird who finds it ideal to invest in properties outside to earn more? Do you understand how much you will lose when charged with unreasonably high exchange fees? Remember that banks and traditional currency exchange providers and banks make a lot by charging you expensive fees and giving you low forex rates. Thankfully, you won’t lose that much cash when exchanging currency with RemitBee. Instead, you will save at least $9,000 USD on a $531,000 CAD residential property.
Are you a snowbird who finds it ideal to invest in properties outside to earn more? Do you understand how much you will lose when charged with unreasonably high exchange fees? Remember that banks and traditional currency exchange providers and banks make a lot by charging you expensive fees and giving you low forex rates. Thankfully, you won’t lose that much cash when exchanging currency with RemitBee. Instead, you will save at least $9,000 USD on a $531,000 CAD residential property.
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Why choose Remitbee for your currency exchange in Thunder Bay?
Much better than the average bank
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.
Zero fees
Enjoy zero fees when you exchange a minimum of $10 between a currency pair!
We’re Canadian!
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.
Need some help? Our customer service team is always available
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!
Swifty exchange currency online!
Send from anywhere in Thunder Bay! 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!
We are also partnered with all major banks in Canada so that you can conveniently and swiftly send your money!
How to exchange currency in Thunder Bay:
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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.
More about currency exchange in Thunder Bay
Currency exchange services are available through several loan companies in Thunder Bay Town. Money Mart , Cash Money, and Continental Currency Exchange are just a few examples.
Even though the ones above are good, nothing in Thunder Bay compares to RemitBee. Using our platform has many advantages. It is not only easy to user-friendly, but it is also secure, convenient, and quick. Remitbee makes sure you get the best deals!
Even though the ones above are good, nothing in Thunder Bay compares to RemitBee. Using our platform has many advantages. It is not only easy to user-friendly, but it is also secure, convenient, and quick. Remitbee makes sure you get the best deals!
We also offer money transfer services to over 50 destinations around the world!
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!
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Currency Exchange Near You
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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.