Money Transfer Fees & Payment Methods
Fast and Free! Choose a payment method that works best for you and your bank.
E-Transfer
Add Remitbee as an E- transfer contact, send us a transfer, and the money will be added to your Remitbee account.
Bill Payment
Simply set up Remitbee as a bill payee on your bank account and fund transfers by paying directly through your online banking or with cash at your bank branch. Available to BMO, Tangerine, Meridian, RBC, Scotiabank users.
EFT
Connect your bank account to Remitbee, and we’ll withdraw funds whenever you need to send them abroad.
Interac Online
Select your transfer amount and finalize the payment through online banking. Available for TD, RBC and National bank users.
In a hurry?
Pay with your Debit card
You are sending:
CAD
Send a Free Transfer
Getting a Free transfer with Remitbee is easy. Simply send $500 or more using the bill payment, e-Transfer and EFT methods.
Did somebody say $2.99?
For transfers under $500, you can use the following methods for a flat fee of just $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
Frequently Asked Questions
Can I transfer money using online banking?
Yes, you can. You can use any online banking system from Canadian Banks to send e-Transfers, Bill Payment and Interac Online.
Which payment methods are available with Remitbee?
Customers can transfer money or pay bills using Interac Online, e-Transfer, Bill Payment, EFT and VISA/Mastercard Debit through Remitbee.
Which payment method is the fastest one?
Once you’ve linked your account to Remitbee, EFT is the fastest money transfer method. Transfers are typically completed within one business day.
Can I use credit card for money transfers?
No, you cannot use credit cards to transfer money with Remitbee. You must be transferring money that is currently in your account.
What is EFT (Direct Withdrawal) and how it works?
Electronic Funds Transfers (EFT) are quick and reliable. With this method, money is moved directly from your account to another over a computerized network. Payments are processed through a secure online system and tend to have lower fees associated with them. If you link EFT to your Remitbee Wallet, we are able to draw the funds directly from your account without an additional log in step at your bank and send the money quickly and securely for you.
Where can I check your fees?
All of our fees can be located on the following webpage: Our Fees
My transaction failed and money deducted, how can I get the money back?
Contact our customer support here. You can also escalate your transaction for help through the Remitbee app on your phone.