Would you like to change CAD to USD in Simcoe, Ontario? If your standard practice is to head over to the bank. You should reconsider.

Try out RemitBee and see the difference. You'll not only find us more affordable, but we also have better rates than the bank.

Reliable and Trusted:

We are open about our rates and fees—That's why we have no problem when you use our CAD to USD currency converter

You can save more money using our currency exchange services than your bank or another provider.

We don't impose high fees since we want to ensure you get a decent exchange rate when you exchange your money.

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

You are working in Canada and get paid in US dollars:

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 buy US 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 paying tuition abroad as a Canadian or American paying tuition:

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 purchase property in Canada or the USA:

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 Simcoe?

Secure transactions

Our firm is audited and regulated by FINTRAC, and we use data encryption to secure your information.

Transact on the go

You can make transactions at home, in the office, or even while shopping through our app or website.

Outstanding Customer Service

On Google and Trustpilot, we have received excellent ratings for our superior customer service.

How to exchange currency in Simcoe

Step 1.

Create a free account with RemitBee.

Step 2.

Complete the verification process. Your identity and transactions are secure with us.

Step 3.

Enter the amount you want to exchange after selecting your selected currency pairs.

Step 4.

Add your bank account in Canada or the United States.

Step 5.

Verify the transaction and wait for your currency exchange transaction to go through.

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

If you need to transfer money, we’re your service! If you send more than $500 CAD, your transfer is free! Send to over 50 destinations, including the Philippines, Sri Lanka, India, and Pakistan. If you’re sending less than $500, we charge a small fee of $2.99 when using Interac, or $2.99-$6.99 when you use Debit. If you want to compare your options, check out our fee calculator.

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Frequently Asked Questions

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