Co-operative Bank is a United Kingdom based ethical bank. In 1992, the bank launched its Ethical Policy that states, based on the ethical concerns of customers, who the bank will and will not finance. The bank is also running the 'smile' web bank. The bank used to own The Co-operative Group, United Kingdom's largest consumer cooperative. The Co-operative Group sold 70 percent of the bank's shares to private investors in November 2013 in April 2013, after a capital shortage of £1.5 billion had not been found at the bank. In November 2014 the shareholding of the Group fell further to 20% and in September 2017 to zero. The bank now belongs to a hedge fund consortium.
Remitbee is the most simple way to transfer funds to the accounts of the Co-operative Bank. Six simple steps have to be taken.
Make your own user account. It can be used easily and is free entirely. The secure, encrypted wallet of Remitbee is also accessible to you.
Your full name, address, job and personal information must be then provided. Then, your email address and phone number will be verified.
Include the bank account number, name and phone number of the recipient when sending money to a bank account. Or, the recipient may also pick-up the cash from one of our partner agents in the UK.
Review the exchange rate for CAD/GBP. Then, please enter the amount to be sent, the payment method you’d like to use and then confirm your transaction. The exchange rate changes daily, but the costs for each method of payment remain constant.
You're finished! Simply check your Remitbee app for your funds in the United Kingdom.
For your efforts, you should be regarded as a hero. Those who send money to help their families or friends should use the best money transfer service available.
Here are just a handful of the many advantages of using Remitbee to send money to Co-operative Bank.
It's an entirely online experience! There's no need to leave the house or go to the bank.
Secure account-to-account transfers are free for transfers of $500 or more!
Money is received in days!
Here's everything you'll need to finish your Remitbee transfer. There are two distinct methods of delivery, each with its own set of requirements:
Wire transfer to a bank account
The entire name of the receiver is necessary. To avoid delays, make sure your transfer is exactly as it appears on your bank statements.
The complete address of the receiver, including city, province, and postal/zip code
Bank name - in this case choose the bank from the options
Account Number – This ensures it gets to your recipient’s account.
Cash Pickup
Complete name of the recipient picking up the money
Phone number of the recipient
Pickup Location – choose from one of our partner locations in the UK.
With the aim of providing our clients with the best GBP exchange rates we keep our costs low and constantly track our prices. You are charged a small fee if you pay with bill, interac or debit card. On the other hand, Remitbee Wallet supports free transfers of money. Always double-check your payment charges before sending a transfer.
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 United Kingdom dollar, 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.
Yes you can! Use Remitbee to send money around the world.
We offer many different payment options such as Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
Only direct bank account transfers are available for transfers to the United Kingdom.
Once your ID has been authenticated on our system, you can transmit up to CAD 9,000 every day, with a total annual limit of 50,000 CAD.
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 GBP exchange rate is currently 1 CAD for {{GBP}} GBP. This changes daily.
Your verification will determine the maximum quantity you can send. The levels are as follows:
CAD 50 per day and up to CAD 500 per month are the limits on verification level 1.
On verification level 2, you can send up to 3,000 CAD per day and 25,000 CAD per month.
For customers wishing to send large sums of money, we also provide level 3 verification. You can send Canadian dollars up to $50,000 per month and up to $9,000 per day.
We are also developing a Level 4 checking method that enables our clients to send even more.
Be aware that this is a one-time process. You won't need any more documents once you have verified your account.