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Transferring your funds to your bank account is made easy by Remitbee. Here's a step-by-step guide:
After signing up to Remitbee, you can now start sending money by providing information about yourself, including your name, address, occupation, and contact information.
Choose the appropriate country where you want your money to be sent (in this case, Cyprus). For the receiving method, click to a bank account.
Next, provide the recipient's name, contact information, and account number.
Check your input details, then confirm the money transfer. We'll process your money transfer in no time!
It's less hurtful to your pocket. We don't charge transaction fees for $500 or more worth of money transfers.
We make everything fast. Sending money from Canada to Cyprus takes only a few minutes.
We make your transferred money easily accessible.
You can use it anytime. Whether you're at work or with friends, it only takes a few taps on your phone to process a transaction.
For a faster transaction when sending money to your family in Cyprus, please provide the following:
The legal name of the receiver
SWIFT code of the receiver's bank account
Recipient's International Bank Account Number (IBAN)
Absolutely! When you send over CAD 500, it's 100% free. Your transfer will have the following small fees if you only want to transfer less than CAD 500:
Interac Online - $2.99
E-transfer - $2.99
Bill Payment - $2.99
Electronic Funds Transfer - $2.99
Visa or Mastercard Debit - starting at $2.99
Take note that the maximum amount that you can transfer depends on the verification level of your account. Once you're verified, you don't need to provide any more documents.
Level 1 verification allows for a $50 daily transfer and a $500 monthly transfer.
We advise you to get Level 2 verification with $3,000 daily transfers and $25,000 monthly transfers.
Level 3 verification is preferable for businesses as it sets a daily limit to $9,000 and a monthly limit to $50,000.
Our team is currently working on Level 4 verification to allow a larger amount of daily and monthly limits.