CEC Bank, One of the country's leading financial institutions and one of the largest commercial banks in Romania, CEC Bank specializes in financing agricultural small and medium-sized enterprises, as well as those banking projects that contribute to the economic growth of the country.
Here are the steps you need to follow to transfer money to a CEC Bank account.
You must create an account with RemitBee before you can use the service. In addition, a simple digital wallet is included.
Your full name, address, and job title will be asked. Verification requires an email address and a working cell phone number.
In the next step, you'll need to enter the recipient's email and phone number. After that, the bank's SWIFT/BIC code and IBAN must be entered.
You must select a payment method after inputting the transfer amount. Follow the on-screen directions to finish your transaction. Fees are unaffected by currency movements.
You'll get an email when the transfer is complete. With the RemitBee app, it's never been easier to keep track of your remittances.
When it comes to international money transfers, RemitBee has a number of advantages. The following are a few examples:
Through the use of RemitBee, you can send money to anybody, at any time. Thus, you can avoid the hassle of visiting a bank or a money transfer store.
You can rely on us because we have a long history of successful money transfers around the world.
Your recipient will have access to the money soon after the transfer is complete.
The RemitBee wallet will not charge you additional fees if you send $500 or more.
Before you begin a RemitBee transfer, make sure you have all of the information you need:
The recipient's full name as it appears on their bank statement
The recipient's home address and mobile number
SWIFT/BIC code for CEC Bank (CECEROBUXXX)
International Bank Account Number (IBAN) of the recipient
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!
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.
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.
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
Bank transfer is the only option currently available. Transactions can take as little as a few minutes or as long as an entire business day. Instantaneous transactions can be made in some cases.
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.