No fees and top exchange rates. Get the most out of your money by checking our live comparison table.
Feel comfort knowing your money is safe. Remitbee is accredited by the Better Business Bureau online reliability program.
At Remitbee we don’t have any hidden fees or charges. Know exactly how much you’ll receive.
Banks and certain companies lure people in with attractive "zero fees" and "zero commission" claims, but it’s not entirely honest. They hide how expensive they are by cleverly marking up the exchange rate knowing most people won’t question it.
At Remitbee, we pride ourselves in being fully transparent with how we make a profit and it’s not by sneakingly marking up the exchange rate. Giving you the best exchange rate is important for us and we back this up by providing you with a live comparison table.
True cost of currency exchange for 1000 CAD
*Per data collected on Jan 15th 2021*
If you get paid in U.S. dollars, you could be losing hundreds of dollars per month by choosing the wrong service for your USD to CAD needs (not to mention the foreign exchange fees per transaction that you have to pay). If you get paid every 2 weeks, that’s about 36 sets of fees per year.
Make sure you’re maximizing your income by choosing Remitbee to convert your hard-earned money with zero foreign exchange fees and top exchange rates.
Save your business a great deal of money on currency exchange and foreign transaction fees by using Remitbee. We charge zero fees and offer the top exchange rates for your CAD to USD and USD to CAD needs. This allows you to put more money back into your business. In 2019, $718.4 billion worth of goods and services were traded between the USA and Canada. If you’re a business also interested in buying and selling in the USA, you could save thousands over the year by using Remitbee.
As of November 2020, you could be saving about $20-$25 CAD whenever you convert $1000 CAD to USD. You also could be saving roughly $20- $25 CAD when converting $1000 USD back to CAD. That’s a lot of wasted money by choosing the wrong service for your foreign exchange needs!
You can now deposit money into your US bank account and retrieve the same amount once it’s converted, and vice versa!
There are no fees at all when you use Remitbee Currency Exchange.
USD to CAD. CAD to USD.
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 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 has daily and monthly limits on how much you can send: The amount of money you can send daily and monthly depends on your verification level with Remitbee. We currently have (3-4) levels of verification.
Banks take advantage of the knowledge that most people will use what they’re familiar with when it comes to international transfers. Big banks use this knowledge to continue charging higher rates than other services because they have been able to get away with it for many years. 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 overseas feeling safe that you’re truly getting the best exchange rate.