If you are in Magog, Quebec, and cannot find a firm to exchange your CAD for USD, you shouldn't panic.

Try RemitBee before you enter any bank or provider of currency exchange services. Our rates will surprise you if you're looking for the best currency exchange rates.

We Offer Competitive Exchange Rate

We take great pride in providing the most competitive exchange rates. You can use our CAD to USD currency converter to learn more.

Not only do we offer you better rates but our fees are low.
Ce images 06 4fbb595c1e
If any of the following apply to you, Remitbee online currency exchange may be a good fit:

You are working in Canada and get paid in US dollars:

It’s becoming more common to work for a U.S. company while living in Canada. If you’re a freelancer or contracted at an American company, you want to make sure you avoid unfair rates and fees when exchanging currency.

For context, you could be losing about $2,000 in currency exchange fees if you make 50k salary a year, and use currency exchange services through your bank.
01

You buy US stocks:

If you’re interested in investing and buying US stocks in Canada, you need to check out other options when it comes to exchanging currency.

With Remitbee currency exchange, you can get the most out of your trading. Questrate, which is a popular option for those converting CAD to USD, charges 1.5-1.99%. However, Remitbee Currency Exchange charges you zero fees.

Once you start to invest in the thousands, you could be losing a ton of money just on fees alone! For example: Consider the following compared to Questrade fees:
- $1000 worth of US stocks: You could be losing about $40 CAD.
- $50,000 worth of US stocks: You could be losing about $2,000 CAD
02

You are paying tuition abroad as a Canadian or American paying tuition:

If you live in Canada as an American or the USA as a Canadian, you’ll need to exchange USD to CAD or vice versa in order to pay tuition. In Canada, the average tuition fees for international students was $32,019, as of 2020.

If you choose a more traditional method to exchange currency like your bank, you could potentially be losing out on about $1200 USD per year.
03

You purchase property in Canada or the USA:

If you are investing in properties across the border, or simply have a home in the other country, you’ll want to make sure you are losing out.

In 2020, the average house in Canada cost about 531,000 CAD. Using Remitbee currency exchange could allow you to save over $9,000 USD; much more than you would save from bank currency exchange services.
04

Why should you choose Remitbee for currency exchange in Magog?

For Convenience

Thanks to our mobile app and online currency exchange services, you can transact without traveling far.

Save money thanks to our competitive rates.

Because of the rates we offer, you’ll save money with us instead of your bank.

No Fees

There are no fees for transfers over $500. For transfers under $500, we charge a small fee of $2.99 on Interac or $2.99–6.99 when you use debit.

Remitbee online currency exchange is a good fit if

Consider yourself a good fit for RemitBee if;
  • You work remotely for a company in the US.
  • You are a student paying for further studies.
  • You need to exchange currency as a visitor in Magog.
  • You want to perform your currency exchanges on the go.
Assorted bills
How to exchange currency in Magog
Step 1.
Open a free RemitBee account on our website, or download the mobile app.
Step 2.
Finish the verification procedure. Verification is necessary so that we can safeguard your identity and your transactions.
Step 3.
Enter the amount you want to convert and confirm the currency details.
Step 4.
Add your bank account in the United States or Canada.
Step 5.
Confirm if all the details are correct. Conversion takes place automatically.

It gets even better: we offer money transfers in Canada to order 50 destinations!

If you need to transfer money, we’re your service! If you send more than $500 CAD, your transfer is free! Send to over 50 destinations, including the Philippines, Sri Lanka, India, and Pakistan. If you’re sending less than $500, we charge a small fee of $2.99 when using Interac, or $2.99-$6.99 when you use Debit. If you want to compare your options, check out our fee calculator.
Assorted flags

Currency Exchange Near You

Frequently Asked Questions
A few companies exchange currencies in Magog, including Money Gram, Knightbridge's Foreign Exchange Inc., and Foreign Money exchange services. Due to its low charges, RemitBee provides you with superior service.
We offer the most current rate, which you can check on our website.
We have received excellent reviews about our customer care services from our clients on the Trust pilot.
There is a maximum amount that depends mainly on your level of verification. However, you can upgrade after submitting a few documents and personal information.