How Remitbee is making profit?

Here at RemitBee, we are fully transparent with our customers. We don’t charge any hidden fees or provide you with low exchange rates. We always try to give you the best exchange rates on the market.

Small Margin: We add a tiny margin to the exchange rate, typically between 0.3% to 0.6%. This means for every 1,000 CAD you send, our share is about 3 to 5 dollars. This small amount helps us cover our business and staff expenses.

No Hidden Fees: Transparency is key for us. We don’t hide any fees or surprise you with extra charges. What you see is what you get.

Zero Fees Over 500 CAD: For transfers of 500 CAD or more, we don’t charge any fees at all. It’s our way of saying thanks for trusting us with your larger transactions.

Covering Costs for Smaller Transfers: For transfers below 500 CAD, we do have a small fee. This simply helps us cover the costs banks and card companies charge us for processing your money.

At RemitBee, we believe in providing a service that’s not just valuable but also fair and clear. Our goal is to help you send money worldwide without the worry of hidden costs, all while ensuring our team can continue to offer you the best service possible.