You can benefit from a great interest rate and no need to have a minimum balance. Keep reading to find out more!
The Simplii USD account is excellent for someone who transacts using US Dollars. The account will allow you to transfer funds between your Simplii financial CAD and USD savings accounts at the best exchange rate.
If you want an account that will pay great interest rates for your USD plus several other benefits, read on.
To open a Simplii account, you must be an existing Simplii client with a No fee chequing account or a high-interest savings account. If you are an existing client, simply login into online banking.
To open another Simplii account, go to simplii.com.
The Simplii USD account allows you to save, send, and make payments.
Some other key features are:
Simplii USD does not charge monthly fees
Simplii USD account holders enjoy an interest rate of 0.10%.
No minimum balance is required.
You benefit from the following when you open a Simplii USD savings account:
Currency Exchange Using USD Account
If you don’t have a RemitBee account, you’ll need to create one (https://www.remitbee.com/signup)
After signing up, go to the menu and select exchange currency. Enter the details of your currency exchange. You can move to the next step if no further verification is required.
You can now link your CAD and Simplii USD accounts.
Choose the amount and confirm your exchange rate. The transaction occurs between the two accounts via EFT.
Convert your money.