Living in Saskatoon and looking for a reliable currency exchange service? If so, Remitbee Online Currency Exchange might be for you!

Remitbee offers better rates, low fees, and fast exchange times which make us a much better choice than top banks.

Compare other currency exchange services in Saskatoon to Remitbee!

We’re very transparent about our rates, fees, and exchange times, and we make this easy for you to see through our CAD to USD calculator. We want the best for our customers, so we make sure to offer the best rates possible compared to other financial institutions that offer similar services. During such uncertain economic times, we want to make sure that our services are affordable and accessible to all customers. We think it is extremely unfair that other financial institutions can charge such unreasonable rates.

Want to exchange CAD and USD? If any of these scenarios apply to you, then Remitbee currency exchange might be for you:

You get paid in US dollars as a resident in Canada:

It is increasingly common for people to work as freelancers, contractors, or remote workers and be paid in a different currency! For those working for a US employer while living in Canada, it is important that you choose your currency exchange service wisely, to avoid losing out on hard-earned money through unfair exchange rates and fees.

For example, if you continue to use a traditional foreign exchange service to convert, you could be losing almost $2,000 in currency fees alone if your annual salary is 50k.

You buy US stocks as someone living in Canada:

Investing in US stocks is a great idea! However, you may underestimate the amount of money you could be losing from stock trading depending on which foreign exchange service you decide to use.

Questrade is a very popular option for Canadians who wish to exchange their profits from US stock trading, as it charges 1.5-1.99% each way, which is much cheaper than most bank rates. However, Remitbee currency exchange charges absolutely nothing when you exchange!

Now, you’ll only really see your savings with us if you trade a larger amount of money. If you’re only going to trade $100 in your lifetime, then your savings will be about $4, so it may not be worth it to make the switch.

If you are investing more, here’s how much you could be losing with Questrade:
- If you buy $1000 worth of US stocks you could be losing $40 CAD
- If you buy $50,000 worth of US stocks you could be losing $2,000 CAD

You’re paying international tuition at a Canadian or US school:

If you’re a Canadian attending an American school or an American attending a Canadian school, you’ll need to exchange your currency in order to pay tuition. Because tuition costs are quite steep (average of $32,019 CAD in 2020-2021), you’ll want to make sure you aren’t losing out on any money.

In fact, if you choose a traditional financial institution to exchange, you could be losing $1,200 USD each year!

You buy property in the USA or Canada:

If you’re a snowbird seeking somewhere warm to live further south, or investing in property on the other side of the border, you’ll need to choose your currency exchange service wisely to make sure that the third party doesn’t profit too much off of your purchase.

In Canada, the average home price was $531,000 CAD in 2020. With Remitbee Online Currency Exchange, you could be saving more than $9,000 compared to top banks.

Here’s why Remitbee is the best option in for foreign exchange in Saskatoon:

Much better than your average bank

Banks have always been able to get away with bad rates and unfair fees because they know that the average customer won’t bat an eye. However, the rates they charge when it comes to foreign exchange is often much lower than the actual exchange rate.

To check for yourself, all it takes is a Google search of “usd to cad” or “cad to usd” to see the real exchange rate on a given day.

Zero fees!

Remitbee not only has competitive rates but also zero fees when you exchange a minimum of $10 between a currency pair!

Canadian and proud!

We’re based out of Toronto and are proud to be able to serve our customers from all over Canada. We’re also regulated and audited by FINTRAC, which is an agency of Canada’s government. This way, you know your money is protected.

We love to help! Call or message us anytime with your questions, comments or concerns

Talking to a customer service team that is slow, unhelpful, or unresponsive is very frustrating, so we’ve worked hard to make sure our customer service team is always prepared to answer any questions swiftly and effectively. If you want to hear from our customers about their experiences with us, check out our positive reviews on Trustpilot and Google!

Currency Exchange Near You

On the go or from the comfort of your own home, the Remitbee mobile app is convenient and reliable!

The days of waiting in long lines are over. Exchange currency anytime, anywhere with the Remitbee mobile app, available on the Google Play or Apple Store! Our service is 100% online, so we use impenetrable data encryption so that your exchanges are fast and secure!

Remitbee is also affiliated with all major Canadian banks, so you can send hassle-free!

Here’s how to exchange currency in Saskatoon with Remitbee:

Step 1.

Create your free account here.

Step 2.

Verify your identity so we know it’s you!

Step 3.

Start exchanging by entering the currency pair and amount of money you’d like to exchange

Step 4.

Connect the Canadian bank account you want to deposit CAD into or pay CAD with!

Step 5.

Connect the American bank account you want to deposit USD into or pay USD with

Step 6.

Once you confirm your exchange, we’ll automatically exchange and deposit it for you!

Also in search of a reliable money transfer service? We’ve got you covered

Send to over 50+ destinations including Pakistan, India, and Sri Lanka for $0 when you exchange $500 or more! If you’re exchanging less than $500, you still get to enjoy low fees between $2.99-$6.99 depending on which sending method you choose. If you’d like to compare our sending methods, check out our fee calculator!

Remitbee was also recognized by Toronto Finance International in 2019 for being one of the best FinTech companies in the area! We not only provide low fees and competitive rates for our customers but also very fast sending times, which make us a popular option for many Canadians.

Frequently Asked Questions

Where may international students in Saskatoon get competitive exchange rates?

If you are a Canadian student studying at an American institution, you will need to consider currency conversion services to pay your school fees. Due to the high tuition expense, you'll want to ensure that you're not losing money. By using Remitbee's online currency conversion service, you'll be able to easily convert CAD to USD at rates that are more competitive!

What qualifies Remitbee's online currency exchange as a pandemic-ready service?

Remitbee's online currency conversion service eliminates the need to commute, visit busy exchange shops, carry cash, or take advantage of banks' cheap & unjust currency exchange rates. Everything you need to convert currencies is conveniently accessible. Perfect for avoiding unnecessary interaction in crowded areas.

What are the registration prerequisites for Remitbee currency exchange?

Apart from a functional email address, you'll also need a Canadian bank account into which you wish to deposit or withdraw converted money.

Is it possible to convert a currency other than the US dollar?

Sadly, Remitbe's online currency conversion service is limited to CAD to USD and vice versa. Hopefully, other currencies will be supported in the future.

Where should I direct my inquiries and concerns regarding Remitbee's currency exchange service?

Remitbee takes pride in its superior customer service, which is available through email from 10 a.m. to 8 p.m. EST at [email protected]. Alternatively, you may chat or speak with a live representative as well.