Have you tried searching for a company that converts CAD to USD by foot in Penticton, British Columbia? When you finally found one, did you like its rates?

Next time consider RemitBee. You won't pay any conversion fees and will also benefit from the best exchange rates in the market.

No Conversion Fees:

Why not use our CAD to USD currency converter and confirm that we don’t charge conversion fees? You can verify that our rates are better by comparing your most recent conversion rates with the competing currency exchange service.

If any of the following apply to you, Remitbee online currency exchange may be a good fit:

You're employed in Canada but paid in U.S. currency.

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.

You invest in U.S. 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

You are a Canadian or American paying tuition while studying abroad:

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.

You buy a property in the United States or Canada.

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.

Why should you choose Remitbee for currency exchange in Penticton?

Service Provider, You Can Trust

Thanks to our excellent Google and Trustpilot ratings and reviews, you can be confident that you're working with a trustworthy currency exchange company.

Higher Daily Limits

You don't need to seek elsewhere because of the high daily exchange limits of up to $1 million for business accounts and $250,000 for personal accounts. However, it will also rely on your level of verification.

No Fees

Transfers cost nothing if you send more than $500. For transactions under $500, there is a modest cost of $2.99 when using Interac or $2.99–6.99 when using debit.

How to exchange currency in Penticton

Step 1.

Download our web, iOS, or Android app, or open a free RemitBee account.

Step 2.

To protect your money and account, kindly verify your identity.

Step 3.

Input the amount you want to convert.

Step 4.

Link your bank account in the United States or Canada.

Step 5.

Confirm your transaction: The currency will exchange and automatically deposit into your account.

It gets even better: we offer money transfers in Canada to over 50 destinations!

Looking for a reliable money transfer service provider? When you send money via RemitBee costing over 500 CAD in different countries around the world including India, Philippines, Pakistan, and South Korea, your transfer fee is free! If you’re going to send below that amount, we only charge a small fee of 2.99 CAD when you use Interac; or 2.99 to 6.99 CAD when you use Debit. Want to compare your options? Check out our free calculator.

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Frequently Asked Questions

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