Money Transfer Fees & Payment Methods

Fast and Free! Choose a payment method that works best for you and your bank.

Payment methods you can use
with RemitBee

2 Business days

EFT

Connect your bank account to Remitbee, and we’ll withdraw funds whenever you need to send them abroad.

30 Minutes

E-Transfer

Add Remitbee as an E- transfer contact, send us a transfer, and the money will be added to your Remitbee account.

Instant transfer

Interac Online

Select your transfer amount and finalize the payment through online banking. Available for TD, RBC and National bank users.

1 Business day

Bill Payment

Set up Remitbee as a bill payee on your bank account and fund transfers by paying directly through online banking or with cash at your bank branch. Available to BMO, Tangerine, Meridian, Scotiabank, RBC users.

Instant transfer

Credit/Debit card

You can use Credit/Debit cards to transfer money from your bank account to RemitBee to pay fees or transfer money internationally. It takes RemitBee less than 15 minutes to transfer money via Debit or Credit cards.

In hurry?

Pay with your Debit card

Visa and Mastercard Debit are instant payment methods. Just put in your card details and fund your transfer. Transfer fees will vary based on the amount that you want to send.

You are sending:

CAD

Your savings:

$2.99

Send a Free Transfer

Getting a Free transfer with RemitBee is easy. Simply send $500 or more using the Bill payment, e-Transfer or EFT methods.

Did somebody say $2.99?

For transfers under $500, you can use the following methdos for a flat fee of just $2.99.

Payment Method	Below $500	Above $500
Debit Card	$2.99-6.99	$8.99+
e-Transfer	$2.99	FREE
EFT	$2.99	FREE
Bill Payment	$2.99	FREE
Interac Online	$2.99	$2.99

How we use our fees

When you pay with debit or Interac, 100% of the fees go to payment processing. We simply take a small margin of 0.3 to 0.8% on the exchange rate. The exact number ranges between receiving countries.

Here’s what our fees go towards:

50% - goes to our salaries and product development to support a healthy team and continue creating solutions for our customers

25% - goes for admin and cost of operations including day-to-day office costs, rent, and office supplies.

15% - goes to banking, compliance and security to keep your money safe and make sure all federal regulations are followed.

10% - goes to correspondent payout fees