Tired of searching for the perfect CAD to USD currency exchange service? Look no further than Remitbee!

Avoid unfair bank fees and slow transfer times by using Remitbee! We’ll help you get the most out of your money.

Compare our rates to other currency exchange methods in Kitchener

Although there are many different exchange services in Kitchener, many of them are not transparent with their rates. At Remitbee, we’re confident about our rates, and we encourage you to compare us with your favourite Kitchener bank to see how much you could be saving We think it is unfair that some financial institutions are able to charge very high fees to customers who wish to foreign exchange.
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Do you need to exchange money between Canada and the USA? If any of these scenarios apply to you, Remitbee might be the perfect solution:

You get paid in USD but you live in Canada:

There are many individuals who work for an American employer while living in Canada. It’s important for these employees to be able to exchange their money and don’t lose out just because they’re being charged unfair rates.

For context, you could potentially be losing out on $2,000 as a 50k a year income earner if you continue using a traditional foreign exchange service, just from currency exchange fees!
01

You’re a Canadian who buys US stocks!

Whether you’re just getting into trading or have been trading for a long time, you’ll need to think about the best method of exchanging your profits.

Up until now, one of the best services for converting CAD to USD and vice versa was Questrade. Although they charge less than banks (1.5-1.99%), it still is a significant amount of money lost once you start investing in the thousands. However, Remitbee offers absolutely zero fees when you exchange currency!

You may not see your savings in the short term, but once you start investing more, making the switch to Remitbee makes a lot of sense!
You lose a lot of money with Questrade, for example:
- You could be losing $40 CAD profit when you buy $1000 worth of US stocks
- You could be losing $2,000 CAD when you buy$50,000 worth of US stocks
02

You’re a Canadian or an American who needs to pay tuition abroad:

If you’re studying across the border, you’ll need to convert CAD and USD, or vice versa! Since Canada’s average tuition for international students is $32,019 CAD, it’s important that you make sure you aren’t losing anything!

With this in mind, you could potentially be losing around $1,200 USD each year just because you use a financial institution like your bank!
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You buy property in Canada or the US

Whether you're a snowbird who escapes to their home in the south during the winter, or are trying to make extra profit from purchasing property, you want to make sure you get the most out of your money. You’ll also want to be careful that any exchange services you use don’t profit too much off of your purchase.

In 2020, the average home price in Canada was about $531,000 CAD, so you could be saving $9,000 USD if you switch to Remitbee Currency Exchange!
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4 reasons why you should choose Remitbee as your currency exchange service:

Much better than your average bank

Although banks are very trusted, they often get away with charging your bad rates, because they know the average person won’t question it. In reality, the rate they offer you is much lower than the actual exchange rate!
Want to see for yourself? Just google “cad to usd” or “usd to cad” to see the real rate on any given day

No fees at all!

Not only do we have very competitive rates, but you also pay $0 when you exchange a minimum of $10 with us!

Canadian based company

As a Toronto foreign exchange service, we are regulated and audited by FINTRAC, an agency of Canada’s government. Have peace of mind knowing your money is protected.

Have any questions? Our customer support team loves helping

We feel your pain with unhelpful customer service representatives. At Remitbee, we’ve worked hard to make sure that if you run into any problems, our customer service team can swiftly solve your issue. We’ll let the positive customer service reviews on Trustpilot and Google prove how much we care about helping you.

Currency Exchange Near You

Quickly convert Canadian dollars to US dollars using your phone or laptop

There’s no reason for you to wait in long lines to exchange money. Using the Remitbee mobile app, you can exchange from anywhere in Kitchener, both from the comfort of your own home and on the go! Our 100% online service uses impenetrable data encryption, so you know your money is secure.

On top of that, we are also partnered with many top Canadian banks, so that you can exchange money with no hassle!
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You can now exchange currency in Kitchener in 6 simple steps:
Step 1.
Create a free account: click here to create it!
Step 2.
Verify your identity: We need to verify it’s you!
Step 3.
Start your exchange: Enter the amount you’d like to exchange as well as the currency pair!
Step 4.
Connect your Canadian bank account: Connect the bank account that you want to deposit your CAD into or pay CAD with.
Step 5.
Connect your US bank account: Connect the bank account you want to deposit your USD into or pay USD with.
Step 6.
Confirm: Once you confirm your exchange, it will automatically be deposited!
Currency exchange in Kitchener
Although Kitchener is a smaller city in Ontario, there are still many local currency exchange services. For example, Continental Currency Exchange is located just off of Highway 8, which is very convenient. Knightsbridge Foreign Exchange is a popular chain that also has a branch in Kitchener, and claims to have good exchange rates. There are also currency exchange options in Fairview Park Mall, such as Western Union and Continental Currency Exchange.

Kitchener also has many ATM and Canadian bank branches which also offer currency exchange services. However, we know banks often offer you higher rates and profit off of your hard-earned money.

That’s why making the switch to Remitbee is a great option if you’d like to save! With real exchange rates, low fees, and hassle-free exchanges, we try to make it as easy as possible for you to exchange.
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Need to send money? Choose from over 50 destinations worldwide!

Remitbee has also got you covered for international money transfer! When you send $500 or more, you send for free! Just pick from our long list of destinations, which includes Pakistan, India, and Sri Lanka. Want to send less than $500? Pay only a small fee of $2.99-$6.99 depending on which payment you choose to send with. You can check out our fee calculator to compare your options.

Remitbee has been recognized for its service by the Toronto Finance International as one of the top FinTech companies in the area in 2019! Not only do we have competitive rates, but also zero fees and fast transfer times compared to most banks.
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Frequently Asked Questions
While Kitchener has several establishments that provide currency exchange services, many are not transparent about their conversion rates. RemitBee's currency conversion rates are far better than any Kitchener bank.
Not only does Remitbe offer competitive exchange rates, but you can avoid paying exchange fees when you trade at least $10.
Since RemitBee is a Canadian corporation, it is regulated and audited by a government organization called FINTRAC. Knowing it is government-regulated, everyone will be at ease to know that their money is secured.
RemitBee has a daily transaction restriction. The daily and monthly limits on the amount of money you may convert are determined by your verification level with RemitBee!
Exchanges often take an instant or up to two business days to complete.