Money Transfer Fees & Payment Methods

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

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.

1 Business Day

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.

2 Business Days

EFT

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

Instant Transfer

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

Visa and Mastercard Debit are instant payment methods. Just put in your card details and fund your transfer. Fees vary based on the transfer size.

You are sending:


CA

CAD


Debit card fee:

2.99 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.
Payment Method
Below $500
Above $500
Debit card
$2.99
$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

Remitbee profit distribution chart

Frequently Asked Questions

Yes, you can. You can use any online banking system from Canadian Banks to send e-Transfers, Bill Payment and Interac Online.

Customers can transfer money or pay bills using Interac Online, e-Transfer, Bill Payment, EFT and VISA/Mastercard Debit through Remitbee.

Once you’ve linked your account to Remitbee, EFT is the fastest money transfer method. Transfers are typically completed within one business day.

No, you cannot use credit cards to transfer money with Remitbee. You must be transferring money that is currently in your account.

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.

All of our fees can be located on the following webpage: Remitbee Fees

Contact our customer support at Remitbee Help Centre. You can also escalate your transaction for help through the Remitbee app on your phone.