Are you looking to exchange CAD to USD? Try Remitbee for the best currency exchange service in Whitby!
Our exchange fee: 0.00 CAD
Compare our rates to other currency exchange services in Whitby
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 Whitby 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!
You get paid in USD but you live in Canada:
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.
You buy US stocks from Canada:
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
You’re paying tuition abroad as a Canadian or American
If you’re a student in one of these situations, you’ll need to convert between CAD and USD to fund your education. Tuition can be pricy, especially for international students who pay an average of $32,019 CAD, as of 2020.
This means you could potentially be losing about $1,200 USD per year if you were to choose a traditional currency exchange service like your bank.
You purchase property in the USA or Canada:
If you’re a snowbird who escapes the winter for warm weather of are seeking a profit from investing in properties, how much you lose on currency exchange fees can vary.
Many banks and traditional ways of exchanging currency profit off of your money because of their unfair rates. You could save over $9,000 USD on a $531,000 CAD home when using Remitbee!
Why choose Remitbee for your currency exchange in Whitby?
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 Whitby! 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!
How to exchange currency in Whitby:
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 Whitby
Currency exchange services are available through several loan companies in Whitby Town. Money Mart , Cash Money, and Continental Currency Exchange are just a few examples.
Even though the ones above are good, nothing in Whitby 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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