Send Money from Canada to Banca Comerciala Romana in Romania

Banca Comerciala Romana, Romania

Banca Comerciala Romana, a member of the Erste Group, is Romania's largest financial group, with operations in universal banking (retail, corporate & investment banking, treasury and capital markets), as well as leasing companies, asset management, private pensions, housing banks, and mobile banking services. BCR is Romania's largest bank in terms of asset value (approximately EUR 16 billion), number of clients, and savings and financing categories.

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How to Send Money to Banca Comerciala Romana in Romania

Here's how to fund a Banca Comerciala Romana account from Canada:

  • The first step in using RemitBee is to create an account. There's also a simple digital wallet built-in.

  • Enter your full name, address, and job position. An e-mail address and a valid mobile phone number are required for verification.

  • You'll also need the recipient's email address and phone number. The recipient bank's SWIFT/BIC code and IBAN must also be provided.

  • After you've entered the transfer amount, you must select a payment method. Simply follow the on-screen directions to complete your purchase. Currency changes have no effect on fees.

  • You will be notified via email once the transfer is complete. Keeping track of your remittances has never been easier than with the RemitBee app.

What are the benefits of sending directly to Banca Comerciala Romana?

There are a number of benefits to using RemitBee for international money transfers. A few instances are provided below:

  • With RemitBee, you may send money to anybody, at any time. You will save time because you will not need to visit a bank or a money transfer store.

  • Because of our extensive knowledge and track record in international money transfers, you may put your trust in us.

  • When the transfer is completed, the funds will be available instantly.

  • If you send $500 or more, the RemitBee wallet will not charge you any further fees.

What is the information you need to complete the transfer?

Make sure you have the following information before beginning a RemitBee transfer:

  • The recipient's full name as it appears on their bank statement

  • The recipient's home address and mobile number

  • SWIFT/BIC code for Banca Comerciala Romana (RNCBROBU)

  • International Bank Account Number (IBAN) of the recipient

How Remitbee calculates the CAD to RON exchange rate

We at Remitbee realize how important every dollar you send to your family is. We also understand how banks and other companies limit your exchange rates with hefty fees and margins. As a result, we offer the best CAD to RON exchange rate in Canada and only charge a 0.3 percent to 0.5 percent margin to cover our operating expenses.

Additionally, you will not be billed any added expenses whenever you pay by bill payment, e-Transfer, or EFT for transfers above $500. Seeing how much it will cost you before transferring funds is what makes RemitBee special. We don't hide anything!

Send money to all major Banks in Romania

How international money transfers work

International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender’s bank to the recipient’s bank and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to RON, and the money is moved between accounts.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.

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Frequently Asked Questions

You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.

For the time being, the only option is to send money via bank transfer. Transactions can range from a few minutes to an entire business day. Some transactions are instantaneous.

When you verify your account, you may send up to $9,000 CAD per day and $50,000 CAD per month.

Any transfer of 500 CAD or more is entirely free. The transaction fees for sending less than $500 CAD are mentioned below:

  • Interac Online - $2.99

  • E-transfer – Free

  • Bill Payment – Free

  • Electronic funds Transfer - Free

  • Visa or Mastercard Debit - $2.99+

The CAD to RON exchange rate is currently 1 CAD for RON. This changes daily.

Your verification level determines the maximum amount you can send. Here's what you need to know:

The minimal Verification Level 1 allows you to send only 50 CAD daily, and up to 500 CAD monthly.We recommend Verification of Level 2.

It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.For users who need to transfer larger amounts of money we also have a good option – Verification Level 3.

It allows you to send 9,000 CAD daily, and up to 50,000 CAD monthly.

We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, verification is a one-time process.

Once you have been verified, there is no need to provide any other documents.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.

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